2022
Exports
$8.6MWorld Rnk 27 / 136
Flag Rnk 224 / 1148
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$14.3kWorld Rnk 138 / 193
Flag Rnk 1135 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $8.6M in Molasses, making it the 27th largest exporter of Molasses in the world. At the same year, Molasses was the 224th most exported product in Peru. The main destination of Molasses exports from Peru are: Ecuador ($8.57M), Malaysia ($27.6k), Chile ($2.92k), Italy ($2.65k), and Australia ($714).

The fastest growing export markets for Molasses of Peru between 2021 and 2022 were Ecuador ($2.42M), Italy ($2.36k), and Australia ($714).

Imports In 2022, Peru imported $14.3k in Molasses, becoming the 138th largest importer of Molasses in the world. At the same year, Molasses was the 1135th most imported product in Peru. Peru imports Molasses primarily from: Japan ($7.56k), Chinese Taipei ($2.94k), Thailand ($2.24k), and United States ($1.58k).

The fastest growing import markets in Molasses for Peru between 2021 and 2022 were Chinese Taipei ($2.71k), Thailand ($2.24k), and Japan ($970).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.6M
IMPORTS (2022)$14.3k
NET TRADE (2022)$8.59M

In 2022, Peru exported $8.6M in Molasses. The main destinations of Peru exports on Molasses were Ecuador ($8.57M), Malaysia ($27.6k), Chile ($2.92k), Italy ($2.65k), and Australia ($714).

In 2022, Peru imported $14.3k in Molasses, mainly from Japan ($7.56k), Chinese Taipei ($2.94k), Thailand ($2.24k), and United States ($1.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Ecuador$2.42M (39.3%)
Italy$2.36k (808%)
Australia$714 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Peru WERE (2021 - 2022):
Chile-$5.62k (-65.8%)
Malaysia-$362 (-1.29%)
Romania-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Molasses were:
In 2022, Peru'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 POTENTIALMalaysia+ $31.2k
TOP IMPORT POTENTIALUnited States+ $2.45k

Molasses’s highest export potential is Malaysia. With an export gap of $31.2k.   Molasses’s highest import potential is United States with an import gap of $2.45k.

See methodology.

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