2022
Exports
$583MWorld Rnk 1 / 121
Flag Rnk 2 / 803
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$4.05MWorld Rnk 18 / 198
Flag Rnk 217 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $583M in Vanilla, making it the 1st largest exporter of Vanilla in the world. At the same year, Vanilla was the 2nd most exported product in Madagascar. The main destination of Vanilla exports from Madagascar are: United States ($214M), France ($158M), Canada ($57.2M), Germany ($45.7M), and Netherlands ($34.5M).

The fastest growing export markets for Vanilla of Madagascar between 2021 and 2022 were United Kingdom ($7.97M), Belgium ($6.03M), and Mauritius ($2.8M).

Imports In 2022, Madagascar imported $4.05M in Vanilla, becoming the 18th largest importer of Vanilla in the world. At the same year, Vanilla was the 217th most imported product in Madagascar. Madagascar imports Vanilla primarily from: Mauritius ($1.74M), France ($1.25M), United Arab Emirates ($623k), United Kingdom ($243k), and Netherlands ($141k).

The fastest growing import markets in Vanilla for Madagascar between 2021 and 2022 were Mauritius ($1.72M), France ($332k), and United Kingdom ($243k).

Latest Trends

Aug 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 Vanilla. 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)$583M
IMPORTS (2022)$4.05M
NET TRADE (2022)$579M

In 2022, Madagascar exported $583M in Vanilla. The main destinations of Madagascar exports on Vanilla were United States ($214M), France ($158M), Canada ($57.2M), Germany ($45.7M), and Netherlands ($34.5M).

In 2022, Madagascar imported $4.05M in Vanilla, mainly from Mauritius ($1.74M), France ($1.25M), United Arab Emirates ($623k), United Kingdom ($243k), and Netherlands ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United Kingdom$7.97M (424%)
Belgium$6.03M (2.85k%)
Mauritius$2.8M (28.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Madagascar WERE (2021 - 2022):
Germany-$19.3M (-29.7%)
Netherlands-$12.5M (-26.6%)
Canada-$12.1M (-17.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Vanilla were:
France $60.3M
Uganda $44.5M
In 2022, Madagascar's main importing competitors in Vanilla were:

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2M
TOP IMPORT POTENTIALCanada+ $17.5k

Vanilla’s highest export potential is India. With an export gap of $2M.   Vanilla’s highest import potential is Canada with an import gap of $17.5k.

See methodology.

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