2022
Exports
$8.47MWorld Rnk 29 / 136
Flag Rnk 329 / 1171
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$29.6kWorld Rnk 127 / 193
Flag Rnk 1134 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $8.47M in Molasses, making it the 29th largest exporter of Molasses in the world. At the same year, Molasses was the 329th most exported product in Serbia. The main destination of Molasses exports from Serbia are: Hungary ($5M), Greece ($1.35M), North Macedonia ($1.29M), Italy ($670k), and Croatia ($104k).

The fastest growing export markets for Molasses of Serbia between 2021 and 2022 were Hungary ($2.15M), Italy ($483k), and Croatia ($20.2k).

Imports In 2022, Serbia imported $29.6k in Molasses, becoming the 127th largest importer of Molasses in the world. At the same year, Molasses was the 1134th most imported product in Serbia. Serbia imports Molasses primarily from: France ($16.2k), India ($7.68k), Greece ($5.06k), Paraguay ($365), and Mexico ($161).

The fastest growing import markets in Molasses for Serbia between 2021 and 2022 were France ($16.2k), Greece ($5.06k), and India ($3.97k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.47M
IMPORTS (2022)$29.6k
NET TRADE (2022)$8.44M

In 2022, Serbia exported $8.47M in Molasses. The main destinations of Serbia exports on Molasses were Hungary ($5M), Greece ($1.35M), North Macedonia ($1.29M), Italy ($670k), and Croatia ($104k).

In 2022, Serbia imported $29.6k in Molasses, mainly from France ($16.2k), India ($7.68k), Greece ($5.06k), Paraguay ($365), and Mexico ($161).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Hungary$2.15M (75.6%)
Italy$483k (258%)
Croatia$20.2k (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Serbia WERE (2021 - 2022):
North Macedonia-$1.22M (-48.6%)
Greece-$824k (-37.9%)
Slovenia-$28.1k (-59.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Molasses were:
In 2022, Serbia'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 POTENTIALItaly+ $262k
TOP IMPORT POTENTIALIndia+ $13k

Molasses’s highest export potential is Italy. With an export gap of $262k.   Molasses’s highest import potential is India with an import gap of $13k.

See methodology.

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