2023
Exports
$4.22kWorld Rnk 159 / 184
Flag Rnk 531 / 810
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$223MWorld Rnk 46 / 223
Flag Rnk 2 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $4.22k in Rice, making it the 159th largest exporter of Rice in the world. At the same year, Rice was the 531st most exported product in Madagascar. The main destination of Rice exports from Madagascar are: France ($3.36k), Mauritius ($317), Canada ($314), Comoros ($214), and Belgium ($8).

The fastest growing export markets for Rice of Madagascar between 2022 and 2023 were Mauritius ($317), Italy ($7), and Cote d'Ivoire ($3).

Imports In 2023, Madagascar imported $223M in Rice, becoming the 46th largest importer of Rice in the world. At the same year, Rice was the 2nd most imported product in Madagascar. Madagascar imports Rice primarily from: India ($148M), Pakistan ($70.9M), United States ($1.98M), Turkey ($765k), and United Arab Emirates ($479k).

The fastest growing import markets in Rice for Madagascar between 2022 and 2023 were United States ($1.54M), Turkey ($765k), and United Arab Emirates ($476k).

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 Rice. 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)$4.22k
IMPORTS (2023)$223M
NET TRADE (2023)-$223M

In 2023, Madagascar exported $4.22k in Rice. The main destinations of Madagascar exports on Rice were France ($3.36k), Mauritius ($317), Canada ($314), Comoros ($214), and Belgium ($8).

In 2023, Madagascar imported $223M in Rice, mainly from India ($148M), Pakistan ($70.9M), United States ($1.98M), Turkey ($765k), and United Arab Emirates ($479k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Mauritius$317 (1%)
Italy$7 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Madagascar WERE (2022 - 2023):
Comoros-$23k (-99.1%)
France-$4.12k (-55.1%)
Canada-$351 (-52.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Rice were:
In 2023, Madagascar's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11.2k
TOP IMPORT POTENTIALUnited States+ $1.15M

Rice’s highest export potential is France. With an export gap of $11.2k.   Rice’s highest import potential is United States with an import gap of $1.15M.

See methodology.

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