2022
Exports
$3.34MWorld Rnk 110 / 216
Flag Rnk 81 / 803
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$6.15MWorld Rnk 145 / 222
Flag Rnk 157 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $3.34M in Industrial Fatty Acids, Oils and Alcohols, making it the 110th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 81st most exported product in Madagascar. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Madagascar are: India ($3.27M), France ($68.8k), Mauritius ($921), South Korea ($48), and Slovakia ($34).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Madagascar between 2021 and 2022 were India ($2.42M), France ($68.2k), and South Korea ($48).

Imports In 2022, Madagascar imported $6.15M in Industrial Fatty Acids, Oils and Alcohols, becoming the 145th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 157th most imported product in Madagascar. Madagascar imports Industrial Fatty Acids, Oils and Alcohols primarily from: France ($1.62M), Germany ($571k), Spain ($565k), Netherlands ($436k), and Pakistan ($417k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Madagascar between 2021 and 2022 were Germany ($494k), United States ($256k), and Spain ($202k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Industrial Fatty Acids, Oils and Alcohols. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.34M
IMPORTS (2022)$6.15M
NET TRADE (2022)-$2.81M

In 2022, Madagascar exported $3.34M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Madagascar exports on Industrial Fatty Acids, Oils and Alcohols were India ($3.27M), France ($68.8k), Mauritius ($921), South Korea ($48), and Slovakia ($34).

In 2022, Madagascar imported $6.15M in Industrial Fatty Acids, Oils and Alcohols, mainly from France ($1.62M), Germany ($571k), Spain ($565k), Netherlands ($436k), and Pakistan ($417k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
India$2.42M (285%)
France$68.2k (11.2k%)
South Korea$48 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Madagascar WERE (2021 - 2022):
Mauritius-$4.63k (-83.4%)
Netherlands-$2.64k (-100%)
Turkey-$27 (-75%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Madagascar's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $759
TOP IMPORT POTENTIALIndonesia+ $1.68M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $759.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $1.68M.

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