Molasses in   United States

Overview In June 2024 United States' Molasses exports accounted up to $1.6M and imports accounted up to $12.1M, resulting in a negative trade balance of $10.5M. Between June 2023 and June 2024 the exports of United States'   Molasses have decreased by $-242k (-13.2%) from $1.84M to $1.6M, while imports decreased by $-14.7M (-54.8%) from $26.8M to $12.1M.

Destinations In June 2024, Molasses were exported mostly to Canada ($1.3M), Bangladesh ($88.4k), Mexico ($79.5k), United Kingdom ($60.6k), and Chinese Taipei ($22.3k), and were imported mostly from Belize ($3.28M), Honduras ($2.65M), Brazil ($2.54M), Nicaragua ($2.08M), and Egypt ($1.11M).

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