# HS 170310 Molasses global trade data overview | Yugalinks

Reported global trade in molasses, from sugar cane, resulting from the extraction or refining of sugar reached $842.7M in 2024, with five-year annual growth of +6.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $752.2M | +21.8% | +7.4% |
| 2014 | $689.5M | -8.3% | +2.9% |
| 2015 | $574.0M | -16.8% | -2.4% |
| 2016 | $595.8M | +3.8% | -7.5% |
| 2017 | $553.7M | -7.1% | -7% |
| 2018 | $533.8M | -3.6% | -2.4% |
| 2019 | $619.7M | +16.1% | +1.3% |
| 2020 | $685.2M | +10.6% | +7.4% |
| 2021 | $781.5M | +14% | +13.5% |
| 2022 | $956.1M | +22.3% | +15.6% |
| 2023 | $976.8M | +2.2% | +12.5% |
| 2024 | $842.7M | -13.7% | +2.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $208.1M | +9.7% | 31 |
| Philippines | $155.6M | +7.9% | 12 |
| Republic of Korea | $78.3M | +6% | 18 |
| United Kingdom | $71.3M | +3.4% | 39 |
| Viet Nam | $35.3M | +11.1% | 12 |
| Ireland | $29.0M | +10.4% | 21 |
| Japan | $25.0M | +5.6% | 10 |
| New Zealand | $23.2M | +18.7% | 12 |
| Netherlands | $18.1M | -12.1% | 54 |
| Italy | $17.5M | -2.1% | 36 |
| Jamaica | $17.4M | +25.9% | 7 |
| Thailand | $16.6M | +36.4% | 8 |

_Source: reported merchandise trade data. Updated 2026-08-14._