Molasses in Brazil | The Observatory of Economic Complexity

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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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Molasses from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Molasses exports accounted up to $4.07k and imports accounted up to $525k, resulting in a negative trade balance of $521k. Between February 2023 and February 2024 the exports of Brazil's Molasses have decreased by $-946 (-18.9%) from $5.01k to $4.07k, while imports increased by $326k (164%) from $199k to $525k.

Destinations In February 2024, Molasses were exported mostly to Portugal ($2.33k), United States ($782), Uruguay ($410), Marshall Islands ($135), and Belize ($99), and were imported mostly from Egypt ($520k), China ($4.99k), France ($107), and United States ($20).

Growth In February 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 February 2024, the increase in Molasses's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-946(-18.9%)

IMPORT GROWTH (February 2023 - February 2024)$326k(164%)

MAIN EXPORTER (February 2024)Rio Grande Do Sul$3.13k

MAIN DESTINATION (February 2024)Portugal$2.33k

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

Trade Value

Growth

Growth (%)

Year

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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