2022
Exports
$106kWorld Rnk 148 / 210
Flag Rnk 265 / 803
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$9.37MWorld Rnk 156 / 226
Flag Rnk 109 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $106k in Baked Goods, making it the 148th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 265th most exported product in Madagascar. The main destination of Baked Goods exports from Madagascar are: France ($87.4k), Mauritius ($17.1k), Luxembourg ($1.1k), Comoros ($632), and Canada ($134).

The fastest growing export markets for Baked Goods of Madagascar between 2021 and 2022 were Luxembourg ($284), Canada ($134), and Switzerland ($34).

Imports In 2022, Madagascar imported $9.37M in Baked Goods, becoming the 156th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 109th most imported product in Madagascar. Madagascar imports Baked Goods primarily from: France ($5.75M), Bangladesh ($941k), India ($828k), Turkey ($625k), and Tunisia ($220k).

The fastest growing import markets in Baked Goods for Madagascar between 2021 and 2022 were France ($890k), Bangladesh ($783k), and India ($270k).

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 Baked Goods. 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)$106k
IMPORTS (2022)$9.37M
NET TRADE (2022)-$9.26M

In 2022, Madagascar exported $106k in Baked Goods. The main destinations of Madagascar exports on Baked Goods were France ($87.4k), Mauritius ($17.1k), Luxembourg ($1.1k), Comoros ($632), and Canada ($134).

In 2022, Madagascar imported $9.37M in Baked Goods, mainly from France ($5.75M), Bangladesh ($941k), India ($828k), Turkey ($625k), and Tunisia ($220k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Luxembourg$284 (34.7%)
Canada$134 (1%)
Switzerland$34 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Madagascar WERE (2021 - 2022):
Mauritius-$67.4k (-79.8%)
Comoros-$6.21k (-90.8%)
France-$5.17k (-5.59%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Madagascar's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $90.5k
TOP IMPORT POTENTIALTurkey+ $460k

Baked Goods’s highest export potential is France. With an export gap of $90.5k.   Baked Goods’s highest import potential is Turkey with an import gap of $460k.

See methodology.

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