Molasses in   United States

Overview In November 2024 United States' Molasses exports accounted up to $3.35M and imports accounted up to $18.7M, resulting in a negative trade balance of $15.3M. Between November 2023 and November 2024 the exports of United States'   Molasses have decreased by $-1.27M (-27.5%) from $4.62M to $3.35M, while imports decreased by $-17.4M (-48.2%) from $36M to $18.7M.

Destinations In November 2024, Molasses were exported mostly to United Kingdom ($2.1M), Canada ($810k), Qatar ($151k), Kuwait ($78.6k), and Mexico ($54.5k), and were imported mostly from Poland ($5.34M), Colombia ($3.45M), Brazil ($3.33M), Honduras ($2.07M), and Mexico ($1.77M).

Growth In November 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 ($-11.3k or -29.5%). In November 2024, the decrease in Molasses's year-by-year imports was explained primarily by a decrease in imports from El Salvador ($-6.49M or -97.7%), Guatemala ($-758k or -12.8%), and Colombia ($-186k or -90.2%).