2023
Exports
$2.63MWorld Rnk 54 / 139
Flag Rnk 484 / 1148
2023
PRODUCT COMPLEXITY IN Molasses
-1.73Rnk 974 / 1025
2023
Imports
$4.09MWorld Rnk 41 / 187
Flag Rnk 895 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $2.63M in Molasses, making it the 54th largest exporter of Molasses in the world. At the same year, Molasses was the 484th most exported product in Saudi Arabia. The main destination of Molasses exports from Saudi Arabia are: Italy ($2.59M), Egypt ($21.8k), Qatar ($10.1k), Malaysia ($5.69k), and Bahrain ($4.02k).

The fastest growing export markets for Molasses of Saudi Arabia between 2022 and 2023 were Italy ($1.83M), Egypt ($21.8k), and Qatar ($9.56k).

Imports In 2023, Saudi Arabia imported $4.09M in Molasses, becoming the 41st largest importer of Molasses in the world. At the same year, Molasses was the 895th most imported product in Saudi Arabia. Saudi Arabia imports Molasses primarily from: India ($2.28M), Egypt ($748k), United Kingdom ($373k), Jordan ($284k), and Turkey ($188k).

The fastest growing import markets in Molasses for Saudi Arabia between 2022 and 2023 were United Kingdom ($199k), United States ($97.9k), and Turkey ($53.1k).

Latest Trends

Dec 2024

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)$2.63M
IMPORTS (2023)$4.09M
NET TRADE (2023)-$1.46M

In 2023, Saudi Arabia exported $2.63M in Molasses. The main destinations of Saudi Arabia exports on Molasses were Italy ($2.59M), Egypt ($21.8k), Qatar ($10.1k), Malaysia ($5.69k), and Bahrain ($4.02k).

In 2023, Saudi Arabia imported $4.09M in Molasses, mainly from India ($2.28M), Egypt ($748k), United Kingdom ($373k), Jordan ($284k), and Turkey ($188k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Italy$1.83M (242%)
Egypt$21.8k (546k%)
Qatar$9.56k (1.79k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Saudi Arabia WERE (2022 - 2023):
Bahrain-$26.8k (-87%)
Oman-$10.5k (-100%)
Syria-$5.62k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Molasses were:
In 2023, Saudi Arabia'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 POTENTIALOman+ $9.07k
TOP IMPORT POTENTIALIndia+ $855k

Molasses’s highest export potential is Oman. With an export gap of $9.07k.   Molasses’s highest import potential is India with an import gap of $855k.

See methodology.

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