2023
Exports
$52.4kWorld Rnk 74 / 141
Flag Rnk 311 / 810
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.89Rnk 990 / 1025
2023
Imports
$19.2kWorld Rnk 149 / 211
Flag Rnk 917 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $52.4k in Nutmeg, mace and cardamons, making it the 74th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 311th most exported product in Madagascar. The main destination of Nutmeg, mace and cardamons exports from Madagascar are: Netherlands ($42.4k), Italy ($5.22k), France ($2.23k), Romania ($1.59k), and Norway ($459).

The fastest growing export markets for Nutmeg, mace and cardamons of Madagascar between 2022 and 2023 were Italy ($4.47k), Romania ($1.59k), and Norway ($459).

Imports In 2023, Madagascar imported $19.2k in Nutmeg, mace and cardamons, becoming the 149th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 917th most imported product in Madagascar. Madagascar imports Nutmeg, mace and cardamons primarily from: N/A.

The fastest growing import markets in Nutmeg, mace and cardamons for Madagascar between 2022 and 2023 were India ($11.5k) and United Arab Emirates ($442).

Latest Trends

Dec 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 Nutmeg, mace and cardamons. 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 (2023)$52.4k
IMPORTS (2023)$19.2k
NET TRADE (2023)$33.2k

In 2023, Madagascar exported $52.4k in Nutmeg, mace and cardamons. The main destinations of Madagascar exports on Nutmeg, mace and cardamons were Netherlands ($42.4k), Italy ($5.22k), France ($2.23k), Romania ($1.59k), and Norway ($459).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Italy$4.47k (601%)
Romania$1.59k (1%)
Norway$459 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Madagascar WERE (2022 - 2023):
Netherlands-$694k (-94.2%)
France-$39.3k (-94.6%)
Maldives-$13.4k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Type
In 2023, Madagascar's main exporting competitors in Nutmeg, mace and cardamons were:
In 2023, Madagascar's main importing competitors in Nutmeg, mace and cardamons were:

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $34.6k
TOP IMPORT POTENTIALIndia+ $4.33k

Nutmeg, mace and cardamons’s highest export potential is France. With an export gap of $34.6k.   Nutmeg, mace and cardamons’s highest import potential is India with an import gap of $4.33k.

See methodology.

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