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2022
Exports $348MWorld Rnk 1 / 136
Flag Rnk 202 / 1212
2022
Destination $32.1M Netherlands
2021 - 2022
FASTEST GROWING MARKET $32.1MPhilippines
2022
PRODUCT COMPLEXITY IN Molasses-1.56Rnk 955 / 1025
2022
Imports $5.94MWorld Rnk 33 / 193
Flag Rnk 935 / 1206
2022
Origin $5.25M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $5.25MUnited Kingdom
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $348M in Molasses, making it the 1st largest exporter of Molasses in the world. At the same year, Molasses was the 202nd most exported product in India. The main destination of Molasses exports from India are: Netherlands ($62.1M), Philippines ($51.1M), United Kingdom ($40.2M), Vietnam ($30.9M), and Spain ($23M).

The fastest growing export markets for Molasses of India between 2021 and 2022 were Philippines ($32.1M), Netherlands ($25.4M), and Denmark ($22.5M).

Imports In 2022, India imported $5.94M in Molasses, becoming the 33rd largest importer of Molasses in the world. At the same year, Molasses was the 935th most imported product in India. India imports Molasses primarily from: United Kingdom ($5.25M), Nepal ($662k), United Arab Emirates ($22.7k), Bangladesh ($8.32k), and Singapore ($3.46k).

The fastest growing import markets in Molasses for India between 2021 and 2022 were United Kingdom ($5.25M), Nepal ($647k), and Bangladesh ($8.32k).

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)$348M
IMPORTS (2022)$5.94M
NET TRADE (2022)$342M

In 2022, India exported $348M in Molasses. The main destinations of India exports on Molasses were Netherlands ($62.1M), Philippines ($51.1M), United Kingdom ($40.2M), Vietnam ($30.9M), and Spain ($23M).

In 2022, India imported $5.94M in Molasses, mainly from United Kingdom ($5.25M), Nepal ($662k), United Arab Emirates ($22.7k), Bangladesh ($8.32k), and Singapore ($3.46k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR India WERE (2021 - 2022):
Philippines$32.1M (169%)
Netherlands$25.4M (69.2%)
Denmark$22.5M (12.4M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY India WERE (2021 - 2022):
Thailand-$55M (-92.1%)
South Korea-$20.1M (-52.3%)
Curaçao-$1.79M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Molasses were:
Indonesia $117M
Russia $80.8M
In 2022, India'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
View
TOP EXPORT POTENTIALUnited States+ $4.57M
TOP IMPORT POTENTIALNepal+ $121k

Molasses’s highest export potential is United States. With an export gap of $4.57M.   Molasses’s highest import potential is Nepal with an import gap of $121k.

See methodology.

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