2022
Exports
$30MWorld Rnk 14 / 136
Flag Rnk 525 / 1211
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$24.3MWorld Rnk 19 / 193
Flag Rnk 662 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $30M in Molasses, making it the 14th largest exporter of Molasses in the world. At the same year, Molasses was the 525th most exported product in Thailand. The main destination of Molasses exports from Thailand are: Japan ($18.7M), South Korea ($4.77M), Philippines ($2.47M), Malaysia ($2.22M), and Netherlands ($480k).

The fastest growing export markets for Molasses of Thailand between 2021 and 2022 were Japan ($3.31M), South Korea ($2.49M), and Philippines ($1.16M).

Imports In 2022, Thailand imported $24.3M in Molasses, becoming the 19th largest importer of Molasses in the world. At the same year, Molasses was the 662nd most imported product in Thailand. Thailand imports Molasses primarily from: Indonesia ($8.09M), India ($4.74M), Fiji ($3.9M), Laos ($3.56M), and Australia ($2.52M).

The fastest growing import markets in Molasses for Thailand between 2021 and 2022 were Laos ($431k), Fiji ($237k), and United States ($149k).

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)$30M
IMPORTS (2022)$24.3M
NET TRADE (2022)$5.72M

In 2022, Thailand exported $30M in Molasses. The main destinations of Thailand exports on Molasses were Japan ($18.7M), South Korea ($4.77M), Philippines ($2.47M), Malaysia ($2.22M), and Netherlands ($480k).

In 2022, Thailand imported $24.3M in Molasses, mainly from Indonesia ($8.09M), India ($4.74M), Fiji ($3.9M), Laos ($3.56M), and Australia ($2.52M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$3.31M (21.5%)
South Korea$2.49M (109%)
Philippines$1.16M (88.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Thailand WERE (2021 - 2022):
Hong Kong-$165k (-60%)
Netherlands-$87.7k (-15.5%)
Austria-$57.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $585k
TOP IMPORT POTENTIALIndia+ $1.73M

Molasses’s highest export potential is Philippines. With an export gap of $585k.   Molasses’s highest import potential is India with an import gap of $1.73M.

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