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Exports In 2022, Trinidad and Tobago exported $24.2k in Molasses, making it the 105th largest exporter of Molasses in the world. At the same year, Molasses was the 511th most exported product in Trinidad and Tobago. The main destination of Molasses exports from Trinidad and Tobago are: Grenada ($19k), United Kingdom ($4.13k), and Canada ($1.1k).

The fastest growing export markets for Molasses of Trinidad and Tobago between 2021 and 2022 were United Kingdom ($4.13k).

Imports In 2022, Trinidad and Tobago imported $6.42M in Molasses, becoming the 32nd largest importer of Molasses in the world. At the same year, Molasses was the 205th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Molasses primarily from: Fiji ($4M), Dominican Republic ($2.41M), United States ($6.99k), United Kingdom ($590), and Chinese Taipei ($202).

The fastest growing import markets in Molasses for Trinidad and Tobago between 2021 and 2022 were Dominican Republic ($1.63M), Fiji ($820k), and United Kingdom ($332).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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)$24.2k
IMPORTS (2022)$6.42M
NET TRADE (2022)-$6.4M

In 2022, Trinidad and Tobago exported $24.2k in Molasses. The main destinations of Trinidad and Tobago exports on Molasses were Grenada ($19k), United Kingdom ($4.13k), and Canada ($1.1k).

In 2022, Trinidad and Tobago imported $6.42M in Molasses, mainly from Fiji ($4M), Dominican Republic ($2.41M), United States ($6.99k), United Kingdom ($590), and Chinese Taipei ($202).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):United Kingdom$4.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Trinidad and Tobago WERE (2021 - 2022):
Grenada-$94.4k (-83.3%)
Fiji-$10.3k (-100%)
Jamaica-$7.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Trinidad and Tobago's main exporting competitors in Molasses were:
In 2022, Trinidad and Tobago's main importing competitors in Molasses were:

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $3.27k
TOP IMPORT POTENTIALIndia+ $461

Molasses’s highest export potential is United Kingdom. With an export gap of $3.27k.   Molasses’s highest import potential is India with an import gap of $461.

See methodology.

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