2022
Exports
$10.4MWorld Rnk 54 / 189
Flag Rnk 44 / 803
2022
PRODUCT COMPLEXITY IN Perfume Plants
-1.82Rnk 983 / 1025
2022
Imports
$4.66MWorld Rnk 67 / 213
Flag Rnk 198 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $10.4M in Perfume Plants, making it the 54th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 44th most exported product in Madagascar. The main destination of Perfume Plants exports from Madagascar are: India ($5.34M), France ($3.27M), South Korea ($924k), Germany ($280k), and China ($242k).

The fastest growing export markets for Perfume Plants of Madagascar between 2021 and 2022 were India ($2.99M), Italy ($73.6k), and Spain ($28.3k).

Imports In 2022, Madagascar imported $4.66M in Perfume Plants, becoming the 67th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 198th most imported product in Madagascar. Madagascar imports Perfume Plants primarily from: Democratic Republic of the Congo ($2.31M), Kenya ($2.03M), Saint Kitts and Nevis ($257k), Tanzania ($28.2k), and France ($14.5k).

The fastest growing import markets in Perfume Plants for Madagascar between 2021 and 2022 were Kenya ($1.71M), Democratic Republic of the Congo ($306k), and Tanzania ($14.4k).

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 Perfume Plants. 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)$10.4M
IMPORTS (2022)$4.66M
NET TRADE (2022)$5.79M

In 2022, Madagascar exported $10.4M in Perfume Plants. The main destinations of Madagascar exports on Perfume Plants were India ($5.34M), France ($3.27M), South Korea ($924k), Germany ($280k), and China ($242k).

In 2022, Madagascar imported $4.66M in Perfume Plants, mainly from Democratic Republic of the Congo ($2.31M), Kenya ($2.03M), Saint Kitts and Nevis ($257k), Tanzania ($28.2k), and France ($14.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
India$2.99M (127%)
Italy$73.6k (119%)
Spain$28.3k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Madagascar WERE (2021 - 2022):
South Korea-$423k (-31.4%)
Vietnam-$360k (-100%)
Germany-$98.9k (-26.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Perfume Plants were:
In 2022, Madagascar's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $676k
TOP IMPORT POTENTIALFrance+ $29.6k

Perfume Plants’s highest export potential is India. With an export gap of $676k.   Perfume Plants’s highest import potential is France with an import gap of $29.6k.

See methodology.

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