2022
Exports
$59.8kWorld Rnk 96 / 136
Flag Rnk 1124 / 1198
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$1.22MWorld Rnk 65 / 193
Flag Rnk 1037 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $59.8k in Molasses, making it the 96th largest exporter of Molasses in the world. At the same year, Molasses was the 1124th most exported product in Singapore. The main destination of Molasses exports from Singapore are: Malaysia ($26.9k), Indonesia ($21.1k), New Zealand ($4.09k), India ($3.46k), and Cambodia ($1.94k).

The fastest growing export markets for Molasses of Singapore between 2021 and 2022 were Malaysia ($22.2k), New Zealand ($4.09k), and India ($2.35k).

Imports In 2022, Singapore imported $1.22M in Molasses, becoming the 65th largest importer of Molasses in the world. At the same year, Molasses was the 1037th most imported product in Singapore. Singapore imports Molasses primarily from: Chinese Taipei ($347k), Indonesia ($321k), Malaysia ($299k), United States ($118k), and Thailand ($60.7k).

The fastest growing import markets in Molasses for Singapore between 2021 and 2022 were United States ($80.9k), Thailand ($55.5k), and Malaysia ($25.4k).

Latest Trends

Oct 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 (2022)$59.8k
IMPORTS (2022)$1.22M
NET TRADE (2022)-$1.16M

In 2022, Singapore exported $59.8k in Molasses. The main destinations of Singapore exports on Molasses were Malaysia ($26.9k), Indonesia ($21.1k), New Zealand ($4.09k), India ($3.46k), and Cambodia ($1.94k).

In 2022, Singapore imported $1.22M in Molasses, mainly from Chinese Taipei ($347k), Indonesia ($321k), Malaysia ($299k), United States ($118k), and Thailand ($60.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$22.2k (469%)
New Zealand$4.09k (1%)
India$2.35k (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Singapore WERE (2021 - 2022):
Indonesia-$9.82k (-31.7%)
Hong Kong-$5.28k (-87.9%)
Timor-Leste-$2.83k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Molasses were:
In 2022, Singapore'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 POTENTIALMalaysia+ $7.5k
TOP IMPORT POTENTIALIndonesia+ $132k

Molasses’s highest export potential is Malaysia. With an export gap of $7.5k.   Molasses’s highest import potential is Indonesia with an import gap of $132k.

See methodology.

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