2022
Exports
$117MWorld Rnk 2 / 136
Flag Rnk 242 / 1194
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$17.8MWorld Rnk 22 / 193
Flag Rnk 696 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $117M in Molasses, making it the 2nd largest exporter of Molasses in the world. At the same year, Molasses was the 242nd most exported product in Indonesia. The main destination of Molasses exports from Indonesia are: Philippines ($54.7M), South Korea ($27.7M), Vietnam ($14.5M), Japan ($8.22M), and Thailand ($8.09M).

The fastest growing export markets for Molasses of Indonesia between 2021 and 2022 were South Korea ($17.7M), Philippines ($7.7M), and Japan ($3.06M).

Imports In 2022, Indonesia imported $17.8M in Molasses, becoming the 22nd largest importer of Molasses in the world. At the same year, Molasses was the 696th most imported product in Indonesia. Indonesia imports Molasses primarily from: Egypt ($14.1M), Malaysia ($3.39M), China ($147k), Italy ($66k), and Chinese Taipei ($57.3k).

The fastest growing import markets in Molasses for Indonesia between 2021 and 2022 were Egypt ($6.05M), Malaysia ($2.66M), and China ($86.2k).

Latest Trends

Sep 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)$117M
IMPORTS (2022)$17.8M
NET TRADE (2022)$99.2M

In 2022, Indonesia exported $117M in Molasses. The main destinations of Indonesia exports on Molasses were Philippines ($54.7M), South Korea ($27.7M), Vietnam ($14.5M), Japan ($8.22M), and Thailand ($8.09M).

In 2022, Indonesia imported $17.8M in Molasses, mainly from Egypt ($14.1M), Malaysia ($3.39M), China ($147k), Italy ($66k), and Chinese Taipei ($57.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
South Korea$17.7M (176%)
Philippines$7.7M (16.4%)
Japan$3.06M (59.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Indonesia WERE (2021 - 2022):
Thailand-$8.61M (-51.6%)
Vietnam-$3.79M (-20.7%)
United Kingdom-$513k (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Molasses were:
India $348M
Russia $80.8M
In 2022, Indonesia'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+ $889k
TOP IMPORT POTENTIALGermany+ $51.6k

Molasses’s highest export potential is United States. With an export gap of $889k.   Molasses’s highest import potential is Germany with an import gap of $51.6k.

See methodology.

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