2022
Exports
$35.6MWorld Rnk 19 / 125
Flag Rnk 21 / 803
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$166kWorld Rnk 69 / 159
Flag Rnk 694 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $35.6M in Cocoa Beans, making it the 19th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 21st most exported product in Madagascar. The main destination of Cocoa Beans exports from Madagascar are: Netherlands ($8.84M), Malaysia ($6.23M), India ($5.7M), France ($3.11M), and Belgium ($3.01M).

The fastest growing export markets for Cocoa Beans of Madagascar between 2021 and 2022 were India ($3.26M), Belgium ($1.5M), and France ($1.04M).

Imports In 2022, Madagascar imported $166k in Cocoa Beans, becoming the 69th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 694th most imported product in Madagascar. Madagascar imports Cocoa Beans primarily from: Uganda ($104k), Kenya ($61.8k), and India ($204).

The fastest growing import markets in Cocoa Beans for Madagascar between 2021 and 2022 were Uganda ($64.1k), Kenya ($61.8k), and India ($204).

Historical Data

Trade Balance

Color
EXPORTS (2022)$35.6M
IMPORTS (2022)$166k
NET TRADE (2022)$35.5M

In 2022, Madagascar exported $35.6M in Cocoa Beans. The main destinations of Madagascar exports on Cocoa Beans were Netherlands ($8.84M), Malaysia ($6.23M), India ($5.7M), France ($3.11M), and Belgium ($3.01M).

In 2022, Madagascar imported $166k in Cocoa Beans, mainly from Uganda ($104k), Kenya ($61.8k), and India ($204).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
India$3.26M (133%)
Belgium$1.5M (99.2%)
France$1.04M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Madagascar WERE (2021 - 2022):
Malaysia-$4.05M (-39.4%)
Germany-$1.24M (-57%)
Netherlands-$1.21M (-12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Cocoa Beans were:
In 2022, Madagascar's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $2.06M
TOP IMPORT POTENTIALUganda+ $22.3k

Cocoa Beans’s highest export potential is Netherlands. With an export gap of $2.06M.   Cocoa Beans’s highest import potential is Uganda with an import gap of $22.3k.

See methodology.

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