2022
Exports
$80.8MWorld Rnk 3 / 136
Flag Rnk 222 / 1200
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$286kWorld Rnk 88 / 193
Flag Rnk 1117 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $80.8M in Molasses, making it the 3rd largest exporter of Molasses in the world. At the same year, Molasses was the 222nd most exported product in Russia. The main destination of Molasses exports from Russia are: Turkey ($58.3M), Italy ($5.21M), Vietnam ($4.17M), Spain ($4.03M), and Latvia ($2.44M).

The fastest growing export markets for Molasses of Russia between 2021 and 2022 were Turkey ($37.7M), Italy ($2.32M), and Egypt ($1.42M).

Imports In 2022, Russia imported $286k in Molasses, becoming the 88th largest importer of Molasses in the world. At the same year, Molasses was the 1117th most imported product in Russia. Russia imports Molasses primarily from: Vietnam ($167k), Germany ($71k), Indonesia ($35.4k), Chinese Taipei ($9.17k), and Finland ($2.4k).

The fastest growing import markets in Molasses for Russia between 2021 and 2022 were Vietnam ($86k), Indonesia ($35.4k), and Germany ($23.3k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$80.8M
IMPORTS (2022)$286k
NET TRADE (2022)$80.5M

In 2022, Russia exported $80.8M in Molasses. The main destinations of Russia exports on Molasses were Turkey ($58.3M), Italy ($5.21M), Vietnam ($4.17M), Spain ($4.03M), and Latvia ($2.44M).

In 2022, Russia imported $286k in Molasses, mainly from Vietnam ($167k), Germany ($71k), Indonesia ($35.4k), Chinese Taipei ($9.17k), and Finland ($2.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$37.7M (182%)
Italy$2.32M (80.5%)
Egypt$1.42M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Russia WERE (2021 - 2022):
Spain-$8.16M (-67%)
Denmark-$7.41M (-100%)
Belgium-$4.23M (-72.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Russia's main exporting competitors in Molasses were:
In 2022, Russia's main importing competitors in Molasses were:

Explore Visualizations

Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $930k
TOP IMPORT POTENTIALIndonesia+ $57.2k

Molasses’s highest export potential is Italy. With an export gap of $930k.   Molasses’s highest import potential is Indonesia with an import gap of $57.2k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with