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2023
Exports $84.7kWorld Rnk 87 / 139
Flag Rnk 1142 / 1209
2023
Destination $18.5k Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $18.5kChinese Taipei
2023
PRODUCT COMPLEXITY IN Molasses-1.73Rnk 974 / 1025
2023
Imports $36.9MWorld Rnk 13 / 187
Flag Rnk 756 / 1209
2023
Origin $3.21M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $3.21MIndonesia
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $84.7k in Molasses, making it the 87th largest exporter of Molasses in the world. At the same year, Molasses was the 1142nd most exported product in Japan. The main destination of Molasses exports from Japan are: Chinese Taipei ($22.9k), Canada ($22.4k), China ($11.3k), Peru ($9.88k), and United States ($9.54k).

The fastest growing export markets for Molasses of Japan between 2022 and 2023 were Chinese Taipei ($18.5k), China ($11.3k), and United States ($7.18k).

Imports In 2023, Japan imported $36.9M in Molasses, becoming the 13th largest importer of Molasses in the world. At the same year, Molasses was the 756th most imported product in Japan. Japan imports Molasses primarily from: Thailand ($24.6M), Indonesia ($12M), United States ($162k), Chinese Taipei ($47.7k), and Vietnam ($40.9k).

The fastest growing import markets in Molasses for Japan between 2022 and 2023 were Indonesia ($3.21M) and Australia ($3.01k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Molasses exports accounted up to ¥925k and imports accounted up to ¥533M, resulting in a negative trade balance of ¥532M. Between October 2023 and November 2024 the exports of Japan's   Molasses have increased by ¥302k (48.5%) from ¥623k to ¥925k, while imports increased by ¥179M (50.5%) from ¥354M to ¥533M.

Destinations In November 2024, Molasses were exported mostly to China (¥465k), Chinese Taipei (¥245k), and Hong Kong (¥215k), and were imported mostly from Thailand (¥533M).

Growth In November 2024, the increase in Molasses's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Molasses's year-by-year imports was explained primarily by an increase in imports from Thailand (¥8.9M or 4.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)¥302k(48.5%)
IMPORT GROWTH (November 2023 - November 2024)¥179M(50.5%)
MAIN EXPORTER (November 2024)Hokkaido¥6.45M
MAIN DESTINATION (November 2024)China¥465k

This section shows Molasses's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Molasses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$84.7k
IMPORTS (2023)$36.9M
NET TRADE (2023)-$36.9M

In 2023, Japan exported $84.7k in Molasses. The main destinations of Japan exports on Molasses were Chinese Taipei ($22.9k), Canada ($22.4k), China ($11.3k), Peru ($9.88k), and United States ($9.54k).

In 2023, Japan imported $36.9M in Molasses, mainly from Thailand ($24.6M), Indonesia ($12M), United States ($162k), Chinese Taipei ($47.7k), and Vietnam ($40.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Chinese Taipei$18.5k (424%)
China$11.3k (1%)
United States$7.18k (305%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Japan WERE (2022 - 2023):
Finland-$35k (-100%)
Canada-$33.5k (-59.9%)
Hong Kong-$22.1k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Molasses were:
India $295M
Indonesia $168M
Poland $85.5M
In 2023, Japan's main importing competitors in Molasses were:
United States $263M
Philippines $161M
United Kingdom $161M

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $11.3k
TOP IMPORT POTENTIALIndonesia+ $407k

Molasses’s highest export potential is Canada. With an export gap of $11.3k.   Molasses’s highest import potential is Indonesia with an import gap of $407k.

See methodology.

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