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2022
Exports $1.16MWorld Rnk 66 / 136
Flag Rnk 891 / 1206
2022
Destination $151k Tanzania
2021 - 2022
FASTEST GROWING MARKET $151kUnited States
2022
PRODUCT COMPLEXITY IN Molasses-1.56Rnk 955 / 1025
2022
Imports $2.1MWorld Rnk 53 / 193
Flag Rnk 980 / 1198
2022
Origin $905k Belarus
2021 - 2022
FASTEST GROWING ORIGIN $905kBelarus
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.16M in Molasses, making it the 66th largest exporter of Molasses in the world. At the same year, Molasses was the 891st most exported product in Brazil. The main destination of Molasses exports from Brazil are: Tanzania ($799k), United States ($267k), Uruguay ($17.9k), Chile ($17.1k), and Japan ($15.4k).

The fastest growing export markets for Molasses of Brazil between 2021 and 2022 were United States ($151k), Japan ($15.4k), and Uruguay ($12.1k).

Imports In 2022, Brazil imported $2.1M in Molasses, becoming the 53rd largest importer of Molasses in the world. At the same year, Molasses was the 980th most imported product in Brazil. Brazil imports Molasses primarily from: Belarus ($1.47M), Egypt ($186k), Russia ($173k), France ($137k), and United States ($102k).

The fastest growing import markets in Molasses for Brazil between 2021 and 2022 were Belarus ($905k), France ($86.8k), and Egypt ($78.9k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Molasses exports accounted up to $3.01k and imports accounted up to $354k, resulting in a negative trade balance of $351k. Between October 2023 and October 2024 the exports of Brazil's   Molasses have decreased by $-6.6k (-68.7%) from $9.61k to $3.01k, while imports increased by $301k (572%) from $52.6k to $354k.

Destinations In October 2024, Molasses were exported mostly to United States ($801), Paraguay ($654), Uruguay ($385), Marshall Islands ($298), and Liberia ($270), and were imported mostly from Egypt ($256k), Lithuania ($89.6k), United States ($7.95k), and Switzerland ($14).

Growth In October 2024, the decrease in Molasses's year-by-year exports was explained primarily by a decrease in exports to Marshall Islands ($-19 or -17.6%). In October 2024, the increase in Molasses's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-6.6k(-68.7%)
IMPORT GROWTH (October 2023 - October 2024)$301k(572%)
MAIN EXPORTER (October 2024)São Paulo$17k
MAIN DESTINATION (October 2024)United States$801

This section shows Molasses's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Molasses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.16M
IMPORTS (2022)$2.1M
NET TRADE (2022)-$934k

In 2022, Brazil exported $1.16M in Molasses. The main destinations of Brazil exports on Molasses were Tanzania ($799k), United States ($267k), Uruguay ($17.9k), Chile ($17.1k), and Japan ($15.4k).

In 2022, Brazil imported $2.1M in Molasses, mainly from Belarus ($1.47M), Egypt ($186k), Russia ($173k), France ($137k), and United States ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$151k (130%)
Japan$15.4k (1%)
Uruguay$12.1k (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Brazil WERE (2021 - 2022):
Tanzania-$1.13M (-58.6%)
Canada-$39.3k (-91.7%)
Chile-$25.4k (-59.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Molasses were:
India $348M
Indonesia $117M
Russia $80.8M
In 2022, Brazil's main importing competitors in Molasses were:
United States $180M
United Kingdom $135M
Netherlands $112M

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $70.3k
TOP IMPORT POTENTIALRussia+ $129k

Molasses’s highest export potential is United States. With an export gap of $70.3k.   Molasses’s highest import potential is Russia with an import gap of $129k.

See methodology.

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