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2022
Exports $29.7MWorld Rnk 15 / 136
Flag Rnk 67 / 1030
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseUnited States
2022
PRODUCT COMPLEXITY IN Molasses-1.56Rnk 955 / 1025
2022
Imports $35.6kWorld Rnk 120 / 193
Flag Rnk 1067 / 1163
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Dominican Republic0.052Rnk 62 / 133

About

Exports In 2022, Dominican Republic exported $29.7M in Molasses, making it the 15th largest exporter of Molasses in the world. At the same year, Molasses was the 67th most exported product in Dominican Republic. The main destination of Molasses exports from Dominican Republic are: United States ($18M), Barbados ($8.86M), Trinidad and Tobago ($2.41M), Saint Vincent and the Grenadines ($388k), and France ($1.39k).

The fastest growing export markets for Molasses of Dominican Republic between 2021 and 2022 were United States ($2.06M), Trinidad and Tobago ($1.63M), and Netherlands ($1.11k).

Imports In 2022, Dominican Republic imported $35.6k in Molasses, becoming the 120th largest importer of Molasses in the world. At the same year, Molasses was the 1067th most imported product in Dominican Republic. Dominican Republic imports Molasses primarily from: United States ($35.6k).

Latest Trends

Aug 2024

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 (2022)$29.7M
IMPORTS (2022)$35.6k
NET TRADE (2022)$29.7M

In 2022, Dominican Republic exported $29.7M in Molasses. The main destinations of Dominican Republic exports on Molasses were United States ($18M), Barbados ($8.86M), Trinidad and Tobago ($2.41M), Saint Vincent and the Grenadines ($388k), and France ($1.39k).

In 2022, Dominican Republic imported $35.6k in Molasses, mainly from United States ($35.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Dominican Republic WERE (2021 - 2022):
United States$2.06M (12.9%)
Trinidad and Tobago$1.63M (208%)
Netherlands$1.11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Dominican Republic WERE (2021 - 2022):
Barbados-$1.23M (-12.2%)
Saint Vincent and the Grenadines-$114k (-22.7%)
Haiti-$35.2k (-97%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Dominican Republic's main exporting competitors in Molasses were:
India $348M
Indonesia $117M
Russia $80.8M
In 2022, Dominican Republic'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
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TOP EXPORT POTENTIALNetherlands+ $8.66k
TOP IMPORT POTENTIALUnited States+ $5.4k

Molasses’s highest export potential is Netherlands. With an export gap of $8.66k.   Molasses’s highest import potential is United States with an import gap of $5.4k.

See methodology.

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