2023
Exports
$82.8MWorld Rnk 4 / 139
Flag Rnk 189 / 1200
2023
PRODUCT COMPLEXITY IN Molasses
-1.73Rnk 974 / 1025
2023
Imports
$55kWorld Rnk 115 / 187
Flag Rnk 1140 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $82.8M in Molasses, making it the 4th largest exporter of Molasses in the world. At the same year, Molasses was the 189th most exported product in Russia. The main destination of Molasses exports from Russia are: Turkey ($48.7M), Spain ($13.5M), Italy ($6.27M), Tunisia ($3.9M), and Greece ($3.68M).

The fastest growing export markets for Molasses of Russia between 2022 and 2023 were Spain ($8.67M), Tunisia ($2.65M), and Greece ($2.59M).

Imports In 2023, Russia imported $55k in Molasses, becoming the 115th largest importer of Molasses in the world. At the same year, Molasses was the 1140th most imported product in Russia. Russia imports Molasses primarily from: Poland ($20k), Chinese Taipei ($15.6k), Indonesia ($15.3k), Thailand ($2.93k), and Egypt ($765).

The fastest growing import markets in Molasses for Russia between 2022 and 2023 were Poland ($20k), Chinese Taipei ($6.41k), and Thailand ($1.42k).

Latest Trends

Jan 2025

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 (2023)$82.8M
IMPORTS (2023)$55k
NET TRADE (2023)$82.7M

In 2023, Russia exported $82.8M in Molasses. The main destinations of Russia exports on Molasses were Turkey ($48.7M), Spain ($13.5M), Italy ($6.27M), Tunisia ($3.9M), and Greece ($3.68M).

In 2023, Russia imported $55k in Molasses, mainly from Poland ($20k), Chinese Taipei ($15.6k), Indonesia ($15.3k), Thailand ($2.93k), and Egypt ($765).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Spain$8.67M (181%)
Tunisia$2.65M (211%)
Greece$2.59M (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Russia WERE (2022 - 2023):
Turkey-$20M (-29.1%)
Vietnam-$4.99M (-100%)
Belgium-$1.91M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Russia's main exporting competitors in Molasses were:
In 2023, 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