2023
Exports
$4.65MWorld Rnk 43 / 139
Flag Rnk 347 / 1150
2023
PRODUCT COMPLEXITY IN Molasses
-1.73Rnk 974 / 1025
2023
Imports
$31.4kWorld Rnk 129 / 187
Flag Rnk 1128 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $4.65M in Molasses, making it the 43rd largest exporter of Molasses in the world. At the same year, Molasses was the 347th most exported product in Colombia. The main destination of Molasses exports from Colombia are: United States ($3.29M), Haiti ($787k), Chile ($200k), Ecuador ($197k), and Venezuela ($88.2k).

The fastest growing export markets for Molasses of Colombia between 2022 and 2023 were Haiti ($743k), United Kingdom ($33.8k), and Aruba ($32.2k).

Imports In 2023, Colombia imported $31.4k in Molasses, becoming the 129th largest importer of Molasses in the world. At the same year, Molasses was the 1128th most imported product in Colombia. Colombia imports Molasses primarily from: Peru ($29.2k), Lebanon ($1.91k), and United States ($252).

The fastest growing import markets in Molasses for Colombia between 2022 and 2023 were Peru ($29.2k) and United States ($252).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.65M
IMPORTS (2023)$31.4k
NET TRADE (2023)$4.62M

In 2023, Colombia exported $4.65M in Molasses. The main destinations of Colombia exports on Molasses were United States ($3.29M), Haiti ($787k), Chile ($200k), Ecuador ($197k), and Venezuela ($88.2k).

In 2023, Colombia imported $31.4k in Molasses, mainly from Peru ($29.2k), Lebanon ($1.91k), and United States ($252).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Haiti$743k (1.69k%)
United Kingdom$33.8k (639%)
Aruba$32.2k (10.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Colombia WERE (2022 - 2023):
Venezuela-$270k (-75.4%)
United States-$212k (-6.04%)
Chile-$167k (-45.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Molasses were:
In 2023, Colombia's main importing competitors in Molasses were:

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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.

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