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Exports In 2022, Madagascar exported $206k in Vegetable Tanning Extracts, making it the 38th largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 215th most exported product in Madagascar. The main destination of Vegetable Tanning Extracts exports from Madagascar are: France ($188k), South Africa ($17.7k), and Switzerland ($10).

The fastest growing export markets for Vegetable Tanning Extracts of Madagascar between 2021 and 2022 were South Africa ($17.7k) and Switzerland ($10).

Imports In 2022, Madagascar imported $383k in Vegetable Tanning Extracts, becoming the 71st largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 572nd most imported product in Madagascar. Madagascar imports Vegetable Tanning Extracts primarily from: South Africa ($369k), Spain ($13.7k), and India ($73).

The fastest growing import markets in Vegetable Tanning Extracts for Madagascar between 2021 and 2022 were South Africa ($70.7k), Spain ($13.7k), and India ($73).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Vegetable Tanning Extracts. 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)$206k
IMPORTS (2022)$383k
NET TRADE (2022)-$177k

In 2022, Madagascar exported $206k in Vegetable Tanning Extracts. The main destinations of Madagascar exports on Vegetable Tanning Extracts were France ($188k), South Africa ($17.7k), and Switzerland ($10).

In 2022, Madagascar imported $383k in Vegetable Tanning Extracts, mainly from South Africa ($369k), Spain ($13.7k), and India ($73).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
South Africa$17.7k (1%)
Switzerland$10 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Tanning Extracts BY Madagascar WERE (2021 - 2022):France-$8.01k (-4.08%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Madagascar's main exporting competitors in Vegetable Tanning Extracts were:
In 2022, Madagascar's main importing competitors in Vegetable Tanning Extracts were:
India $85.5M
Italy $44.7M
China $29.6M

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Trade Value of Vegetable Tanning Extracts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Africa+ $5.37k
TOP IMPORT POTENTIALSpain+ $2.79k

Vegetable Tanning Extracts’s highest export potential is South Africa. With an export gap of $5.37k.   Vegetable Tanning Extracts’s highest import potential is Spain with an import gap of $2.79k.

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