2022
Exports
$2.37MWorld Rnk 55 / 136
Flag Rnk 429 / 1142
falsefalse United States
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$1.77kWorld Rnk 165 / 193
Flag Rnk 1170 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $2.37M in Molasses, making it the 55th largest exporter of Molasses in the world. At the same year, Molasses was the 429th most exported product in Colombia. The main destination of Molasses exports from Colombia are: United States ($1.15M), Venezuela ($359k), Chile ($276k), Ecuador ($179k), and South Korea ($176k).

The fastest growing export markets for Molasses of Colombia between 2021 and 2022 were Venezuela ($359k), South Korea ($176k), and Ecuador ($110k).

Imports In 2022, Colombia imported $1.77k in Molasses, becoming the 165th largest importer of Molasses in the world. At the same year, Molasses was the 1170th most imported product in Colombia. Colombia imports Molasses primarily from: Lebanon ($1.77k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Molasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.37M
IMPORTS (2022)$1.77k
NET TRADE (2022)$2.37M

In 2022, Colombia exported $2.37M in Molasses. The main destinations of Colombia exports on Molasses were United States ($1.15M), Venezuela ($359k), Chile ($276k), Ecuador ($179k), and South Korea ($176k).

In 2022, Colombia imported $1.77k in Molasses, mainly from Lebanon ($1.77k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$359k (1%)
South Korea$176k (1%)
Ecuador$110k (160%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Colombia WERE (2021 - 2022):
United States-$1.64M (-58.8%)
Barbados-$517k (-100%)
Chile-$86.4k (-23.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Colombia's main exporting competitors in Molasses were:
In 2022, Colombia's main importing competitors in Molasses were:

Explore Visualizations

Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $523k
TOP IMPORT POTENTIALIndia+ $682

Molasses’s highest export potential is United States. With an export gap of $523k.   Molasses’s highest import potential is India with an import gap of $682.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with