Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Australia | Imports and Exports | World | Molasses resulting from the extraction or refining of sugar | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 1703 "Molasses resulting from the extraction or refining of sugar" from Australia totalled $ 58 million in 2023. Sales of commodity group 1703 from Australia decreased by 12.6% in value terms compared to 2022. exports of commodity group 1703 "Molasses resulting from the extraction or refining of sugar" decreased by $ 8.57 million (cumulative exports of commodity group 1703 from Australia amounted $67 million in 2022)

Exports of commodity group 1703 "Molasses resulting from the extraction or refining of sugar" amounted to 0.015% of total exports from Australia (cumulative merchandise exports from Australia totalled $ 369 billion in 2023). The share of commodity group 1703 in total exports from Australia decreased by 0 p.p. compared to 2022 (it was 0.016% in 2022 and cumulative exports from Australia were equal to $ 410 billion).

Exports of commodity group 1703 amounted to 37% of total sales of group "" from Australia in 2023 (the value of exports of commodity group from Australia amounted to $155 million in 2023). The share of exports of commodity group 1703 in sales of commodity group from Australia lowered by 0.172 p.p. compared to 2022 (it was 37% in 2022, and exports of commodity group from Australia were $177 million).

Where does Australia export Molasses resulting from the extraction or refining of sugar?

Top export destinations of "Molasses resulting from the extraction or refining of sugar" from Australia in 2023:

  • Korea with a share of 44% (26 million US$)
  • New Zealand with a share of 34% (20 million US$)
  • USA with a share of 20% (12 million US$)
  • Mexico - 31 thousand US$
  • New Caledonia - 21 thousand US$
  • Malaysia - 15.2 thousand US$
  • Thailand - 14.5 thousand US$
  • Fiji - 5.16 thousand US$
  • Hong Kong - 3.74 thousand US$
  • Vietnam - 2.37 thousand US$

Exports structure of 1703 - Molasses resulting from the extraction or refining of sugar - from Australia in 2023 represented by the following main commodity groups:

  • 99% (58 million US$): 170310 - Cane molasses
  • 0.097% (57 thousand US$): 170390 - Molasses, other than cane molasses, resulting from the extraction/refining of sugar

The value of imports of commodity group 1703 "Molasses resulting from the extraction or refining of sugar" to Australia totalled $ 1.49 million in 2023. Sales of commodity group 1703 to Australia decreased by 4.03% in value terms compared to 2022. imports of commodity group 1703 "Molasses resulting from the extraction or refining of sugar" decreased by $ 62 thousand (the value of imports of commodity group 1703 to Australia was equal to $1.55 million in 2022)

Imports of commodity group 1703 reached 0.391% of total imports of group "" to Australia in 2023 (imports of commodity group to Australia totalled $381 million in 2023). The share of purchases of commodity group 1703 in imports of commodity group to Australia went down by 0.006 p.p. compared to 2022 (it was 0.397% in 2022, and imports of commodity group to Australia accounted for $391 million).

Where does Australia import Molasses resulting from the extraction or refining of sugar from?

Top trading partners (import of "Molasses resulting from the extraction or refining of sugar") of Australia in 2023:

  • Vietnam with a share of 36% (543 thousand US$)
  • India with a share of 23% (352 thousand US$)
  • Lebanon with a share of 13.6% (204 thousand US$)
  • Sri Lanka with a share of 6.67% (99 thousand US$)
  • Turkey with a share of 6.16% (92 thousand US$)
  • Mozambique with a share of 5.14% (76 thousand US$)
  • Jordan with a share of 1.62% (24 thousand US$)
  • South Africa with a share of 1.1% (16.5 thousand US$)
  • Pakistan - 14.3 thousand US$
  • Syrian Arab Republic - 11.3 thousand US$

Imports structure of 1703 - Molasses resulting from the extraction or refining of sugar - to Australia in 2023 represented by the following main commodity groups:

  • 71% (1.06 million US$): 170310 - Cane molasses
  • 28% (423 thousand US$): 170390 - Molasses, other than cane molasses, resulting from the extraction/refining of sugar

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Australia | Imports and Exports | World | Molasses resulting from the extraction or refining of sugar | Value (US$) and Value Growth, YoY (%) | 2012 - 2023