Molasses in   United States

Overview In August 2024 United States' Molasses exports accounted up to $1.4M and imports accounted up to $12.3M, resulting in a negative trade balance of $10.9M. Between August 2023 and August 2024 the exports of United States'   Molasses have decreased by $-439k (-23.9%) from $1.84M to $1.4M, while imports decreased by $-5.54M (-31.1%) from $17.8M to $12.3M.

Destinations In August 2024, Molasses were exported mostly to Canada ($982k), Mexico ($188k), United Kingdom ($88.3k), Kuwait ($51.4k), and Japan ($26k), and were imported mostly from Honduras ($3.21M), Brazil ($3.15M), Colombia ($2.68M), Egypt ($1.58M), and Mexico ($690k).

Growth In August 2024, the decrease in Molasses's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-98.1k or -64.7%), United Kingdom ($-38k or -37.1%), and Chinese Taipei ($-11.3k or -29.5%). In August 2024, the decrease in Molasses's year-by-year imports was explained primarily by a decrease in imports from El Salvador ($-6.49M or -97.7%), Guatemala ($-758k or -12.8%), and Colombia ($-186k or -90.2%).