Heading · Section IV

1703: Molasses resulting from the extraction or refining of sugar

1703
  • FreeUK
  • —EU
  • 35%Türkiye
  • —USA
  • US$1.4bnWorld trade in 2024

2 subheadings make up heading 1703 in chapter 17 (sugars and sugar confectionery).

In the UK Global Tariff, heading 1703 covers 2 tariff lines and the duty is duty-free.

In the EU Combined Nomenclature all 2 lines under heading 1703 carry a specific or compound duty rather than a percentage.

In the Turkish Customs Tariff Schedule, heading 1703 covers 2 tariff lines and the statutory rate is 35%.

In the Harmonized Tariff Schedule of the United States all 4 lines under heading 1703 carry a specific or compound duty rather than a percentage.

World trade in heading 1703 goods reached US$1.4bn in 2024, down 15% on 2023.

Indonesia was the largest exporter with 9.2% of the total, ahead of Guatemala.

The United States imported the most (US$208m).

The United Kingdom ranked 20th among 130 exporters with US$23.4m.

The United Kingdom imported US$129.7m.

Duty rates compared

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

Subheadings 2

World trade in 2024

1703 · US$1.4bn

Trade value (US$) no reported trade < US$1.4mUS$1.4m+US$8m+US$38.7m+> US$77m

Exports: 130
  1. Indonesia: US$124.7m
  2. Guatemala: US$98.5m
  3. Egypt: US$79.4m
  4. Poland: US$77m
  5. Pakistan: US$76.5m
  6. United States: US$71.7m
  7. Germany: US$68.4m
  8. India: US$67.9m
  9. Thailand: US$57.6m
  10. Nicaragua: US$53m
  11. Netherlands: US$41.1m
  12. El Salvador: US$39.7m
  13. Russia: US$38.7m
  14. Vietnam: US$37.7m
  15. Australia: US$34m
  16. Honduras: US$33.2m
  17. Dominican Republic: US$30.7m
  18. Belize: US$27.3m
  19. Canada: US$26.9m
  20. United Kingdom: US$23.4m
  21. Mozambique: US$21.3m
  22. Lithuania: US$14.8m
  23. Mexico: US$12.7m
  24. Fiji: US$11.2m
  25. Latvia: US$10.9m
  26. Belgium: US$10.1m
  27. Belarus: US$8.8m
  28. Cambodia: US$8.7m
  29. Brazil: US$8.6m
  30. France: US$8.4m
  31. Spain: US$8m
  32. Austria: US$6.9m
  33. Costa Rica: US$6.9m
  34. Myanmar (Burma): US$6.8m
  35. Peru: US$6.4m
  36. Serbia: US$6.2m
  37. Laos: US$5.5m
  38. Slovakia: US$5m
  39. Malaysia: US$4.6m
  40. Argentina: US$4.5m
  41. Ireland: US$4.2m
  42. Croatia: US$4.2m
  43. Algeria: US$3.8m
  44. Taiwan: US$3.5m
  45. Sweden: US$3.4m
  46. United Arab Emirates: US$3.4m
  47. Iraq: US$3.1m
  48. Czechia: US$3.1m
  49. South Africa: US$3m
  50. Morocco: US$2.8m
  51. Paraguay: US$2.6m
  52. Kenya: US$2.5m
  53. Zambia: US$2.4m
  54. Slovenia: US$2.2m
  55. Lebanon: US$2m
  56. Italy: US$1.9m
  57. Ukraine: US$1.9m
  58. Hungary: US$1.9m
  59. Portugal: US$1.8m
  60. Yemen: US$1.7m

Top exporters

RankCountryValueShare
1 Indonesia US$124.7m 9.2%
2 Guatemala US$98.5m 7.3%
3 Egypt US$79.4m 5.8%
4 Poland US$77m 5.7%
5 Pakistan US$76.5m 5.6%
6 United States US$71.7m 5.3%
7 Germany US$68.4m 5%
8 India US$67.9m 5%
9 Thailand US$57.6m 4.2%
10 Nicaragua US$53m 3.9%

Top importers

RankCountryValueShare
1 United States US$208m 15.3%
2 Philippines US$187.4m 13.8%
3 United Kingdom US$129.7m 9.6%
4 South Korea US$90.3m 6.7%
5 Thailand US$60.2m 4.4%
6 Italy US$47.8m 3.5%
7 Netherlands US$43.6m 3.2%
8 Ireland US$35.6m 2.6%
9 France US$34.8m 2.6%
10 Bangladesh US$34.2m 2.5%

Products classified here

Questions and answers

What is the HS code for molasses resulting from the extraction or refining of sugar?

Molasses resulting from the extraction or refining of sugar fall under HS heading 1703, part of chapter 17, in section IV of the Harmonized System.

What is the import duty on molasses resulting from the extraction or… in the UK?

Under the UK Global Tariff, imports under 1703 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most molasses resulting from the extraction or…?

Indonesia, with US$124.7m in 2024 (9.2% of world exports).