2023
Exports
$21.7kWorld Rnk 102 / 139
Flag Rnk 389 / 778
2023
PRODUCT COMPLEXITY IN Molasses
-1.73Rnk 974 / 1025
2023
Imports
$33MWorld Rnk 14 / 187
Flag Rnk 49 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $21.7k in Molasses, making it the 102nd largest exporter of Molasses in the world. At the same year, Molasses was the 389th most exported product in Jamaica. The main destination of Molasses exports from Jamaica are: United States ($16.7k), United Kingdom ($2.31k), Canada ($1.87k), Cayman Islands ($362), and Netherlands ($297).

The fastest growing export markets for Molasses of Jamaica between 2022 and 2023 were United States ($11.1k), United Kingdom ($1.06k), and Canada ($832).

Imports In 2018, Jamaica imported $33M in Molasses, becoming the 14th largest importer of Molasses in the world. At the same year, Molasses was the 49th most imported product in Jamaica. Jamaica imports Molasses primarily from: Mexico ($13.5M), United States ($6.04M), El Salvador ($4.91M), Dominican Republic ($4.41M), and Fiji ($4.15M).

The fastest growing import markets in Molasses for Jamaica between 2022 and 2023 were United States ($6.04M), El Salvador ($4.91M), and Dominican Republic ($4.41M).

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)$21.7k
IMPORTS (2023)$33M
NET TRADE (2023)-$33M

In 2023, Jamaica exported $21.7k in Molasses. The main destinations of Jamaica exports on Molasses were United States ($16.7k), United Kingdom ($2.31k), Canada ($1.87k), Cayman Islands ($362), and Netherlands ($297).

In 2023, Jamaica imported $33M in Molasses, mainly from Mexico ($13.5M), United States ($6.04M), El Salvador ($4.91M), Dominican Republic ($4.41M), and Fiji ($4.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
United States$11.1k (196%)
United Kingdom$1.06k (84.3%)
Canada$832 (80.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Jamaica WERE (2022 - 2023):British Virgin Islands-$276 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Molasses were:
In 2023, Jamaica'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+ $10.3k
TOP IMPORT POTENTIALGuatemala+ $92.3k

Molasses’s highest export potential is United States. With an export gap of $10.3k.   Molasses’s highest import potential is Guatemala with an import gap of $92.3k.

See methodology.

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