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2022
Exports $156kWorld Rnk 88 / 136
Flag Rnk 1132 / 1213
2022
Destination $45.9k Canada
2021 - 2022
FASTEST GROWING MARKET $45.9kCanada
2022
PRODUCT COMPLEXITY IN Molasses-1.56Rnk 955 / 1025
2022
Imports $27.7MWorld Rnk 17 / 193
Flag Rnk 839 / 1214
2022
Origin $3.31M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $3.31MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $156k in Molasses, making it the 88th largest exporter of Molasses in the world. At the same year, Molasses was the 1132nd most exported product in Japan. The main destination of Molasses exports from Japan are: Canada ($46.5k), Finland ($35k), Hong Kong ($22.1k), Chinese Taipei ($13.9k), and France ($10.3k).

The fastest growing export markets for Molasses of Japan between 2021 and 2022 were Canada ($45.9k), Finland ($35k), and Hong Kong ($18.7k).

Imports In 2022, Japan imported $27.7M in Molasses, becoming the 17th largest importer of Molasses in the world. At the same year, Molasses was the 839th most imported product in Japan. Japan imports Molasses primarily from: Thailand ($18.7M), Indonesia ($8.22M), United States ($465k), Vietnam ($77.7k), and Chinese Taipei ($77.5k).

The fastest growing import markets in Molasses for Japan between 2021 and 2022 were Thailand ($3.31M), Indonesia ($3.06M), and United States ($164k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Molasses exports accounted up to ¥8.48M and imports accounted up to ¥315M, resulting in a negative trade balance of ¥306M. Between June 2023 and August 2024 the exports of Japan's   Molasses have increased by ¥7.51M (776%) from ¥967k to ¥8.48M, while imports increased by ¥314M (68.8k%) from ¥457k to ¥315M.

Destinations In August 2024, Molasses were exported mostly to Finland (¥6.45M) and China (¥2.03M), and were imported mostly from Thailand (¥271M), Indonesia (¥42M), Vietnam (¥1.26M), and Australia (¥218k).

Growth In August 2024, the increase in Molasses's year-by-year exports was explained primarily by an increase in exports to . In August 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 (June 2023 - August 2024)¥7.51M(776%)
IMPORT GROWTH (August 2023 - August 2024)¥314M(68.8k%)
MAIN EXPORTER (August 2024)Hokkaido¥6.45M
MAIN DESTINATION (August 2024)Finland¥6.45M

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 (2022)$156k
IMPORTS (2022)$27.7M
NET TRADE (2022)-$27.6M

In 2022, Japan exported $156k in Molasses. The main destinations of Japan exports on Molasses were Canada ($46.5k), Finland ($35k), Hong Kong ($22.1k), Chinese Taipei ($13.9k), and France ($10.3k).

In 2022, Japan imported $27.7M in Molasses, mainly from Thailand ($18.7M), Indonesia ($8.22M), United States ($465k), Vietnam ($77.7k), and Chinese Taipei ($77.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Canada$45.9k (7.64k%)
Finland$35k (1%)
Hong Kong$18.7k (548%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Japan WERE (2021 - 2022):
Burma-$20.3k (-100%)
Chinese Taipei-$2.91k (-17.3%)
Russia-$1.83k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Molasses were:
India $348M
Indonesia $117M
Russia $80.8M
In 2022, Japan'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 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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