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๐Ÿ‡บ๐Ÿ‡ธ United States imports of molasses: 2024 trade data

In 2024, the United States imported molasses worth $194.6 million (761.9 thousand tonnes). That makes it the largest importer of this product worldwide, out of 189 countries. That is 26% less than in 2023. Over 2017-2024 the trade grew strongly, by about 10% a year on average. The peak in this period was 2023, at $264.1 million.

imports 2024
$194.6M
-26% vs 2023
Quantity
761.9K t
~$0.26 per kg
World rank
1st
of 189 countries
Supplier countries
44
14% of world imports
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Public statistics, latest reported year 2024. Values in US dollars.

Imports of molasses by year, 2017-2024

$0K$66.0M$132.1M$198.1M$264.1M20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$194.6M761.9K t
2023$264.1M795.8K t
2022$194.8M522.0K t
2021$168.2M563.1K t
2020$166.7M716.9K t
2019$133.9M913.5K t
2018$123.7M781.2K t
2017$101.8M545.2K t

Where the United States imports molasses from

Most of the value came from Canada (19%), Guatemala (18%), Belize (14%). Among the main suppliers, Belize grew fastest (+46% on the year before).

Share of molasses imports by partner country, 2024โ‰ฅ25%10-25%3-10%1-3%<1%
Supplier countryValueShare
๐Ÿ‡จ๐Ÿ‡ฆ Canada$36.3M19%
๐Ÿ‡ฌ๐Ÿ‡น Guatemala$34.9M18%
๐Ÿ‡ง๐Ÿ‡ฟ Belize$27.1M14%
๐Ÿ‡ญ๐Ÿ‡ณ Honduras$26.1M13%
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico$12.4M6.4%
๐Ÿ‡ธ๐Ÿ‡ป El Salvador$12.1M6.2%
๐Ÿ‡ช๐Ÿ‡ฌ Egypt$10.2M5.3%
๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua$10.0M5.2%
๐Ÿ‡ต๐Ÿ‡ฑ Poland$7.6M3.9%
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic$6.7M3.4%

Types of molasses under HS 1703

1703.10Sugars: molasses, from sugar cane, resulting from the extraction or refining of sugar85%
1703.90Sugars: molasses, from sugar beet, resulting from the extraction or refining of sugar15%

Codes and full descriptions: HS heading 1703.

Average import price of molasses

The average declared value was about $0.26 per kg, 24% above the world average of $0.21. This usually points to higher-grade or processed goods.

United States
$0.26/kg
World average
$0.21/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

The United States also exports molasses

The United States exported $70.7 million of molasses in 2024 (257.4 thousand tonnes). That makes it the 7th largest exporter of this product worldwide, out of 132 countries. Most of it went to United Kingdom (41%), Canada (24%), France (10%). Among the main buyer markets, France grew fastest (+264% on the year before).

DestinationValueShare
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom$29.1M41%
๐Ÿ‡จ๐Ÿ‡ฆ Canada$16.8M24%
๐Ÿ‡ซ๐Ÿ‡ท France$7.3M10%
๐Ÿ‡ฎ๐Ÿ‡ช Ireland$4.1M5.9%
๐Ÿ‡ง๐Ÿ‡ง Barbados$2.5M3.5%
๐Ÿ‡ฎ๐Ÿ‡น Italy$2.4M3.4%
๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands$1.9M2.6%
๐Ÿ‡ง๐Ÿ‡ช Belgium$1.4M1.9%
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico$973K1.4%
๐Ÿ‡น๐Ÿ‡ท Turkey$630K0.9%
Beyond the public totals

Who is behind these numbers in the United States?

Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.

Shipment records are in the platform

Tell us what you trade and we will show you the latest records on a live call.

United States on EximDataX

Direct customs feed: shipment-level records from the official customs source.

Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.

About this data

Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1703: Molasses; resulting from the extraction or refining of sugar.

Straight answers

Molasses trade in the United States: questions

What is the value of molasses imported by the United States?

The United States imported molasses worth $194.6 million in 2024 (761.9 thousand tonnes).

Where does the United States import molasses from?

The main supplier countries in 2024 were Canada (19%), Guatemala (18%), Belize (14%).

What is the average import price of molasses in the United States?

The average declared import value was about $0.26 per kg in 2024, against a world average of $0.21 per kg.

Does the United States export molasses?

Yes. The United States exported molasses worth $70.7 million in 2024, mainly to United Kingdom, Canada, France.

What is the HS code for molasses?

Molasses falls under HS heading 1703 (Molasses; resulting from the extraction or refining of sugar). The six-digit codes under it split the product by type.

How can I find the companies trading molasses with the United States?

These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.

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