2023
Exports
$3.06kWorld Rnk 131 / 151
Flag Rnk 555 / 810
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$2.62MWorld Rnk 92 / 210
Flag Rnk 247 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $3.06k in Coconut Oil, making it the 131st largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 555th most exported product in Madagascar. The main destination of Coconut Oil exports from Madagascar are: France ($2.85k), Italy ($163), and Switzerland ($42).

The fastest growing export markets for Coconut Oil of Madagascar between 2022 and 2023 were Italy ($163) and Switzerland ($42).

Imports In 2023, Madagascar imported $2.62M in Coconut Oil, becoming the 92nd largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 247th most imported product in Madagascar. Madagascar imports Coconut Oil primarily from: Malaysia ($2.02M), Indonesia ($427k), Thailand ($87.1k), Singapore ($75.1k), and India ($2.97k).

The fastest growing import markets in Coconut Oil for Madagascar between 2022 and 2023 were Thailand ($87.1k) and India ($2.51k).

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 Coconut Oil. 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)$3.06k
IMPORTS (2023)$2.62M
NET TRADE (2023)-$2.61M

In 2023, Madagascar exported $3.06k in Coconut Oil. The main destinations of Madagascar exports on Coconut Oil were France ($2.85k), Italy ($163), and Switzerland ($42).

In 2023, Madagascar imported $2.62M in Coconut Oil, mainly from Malaysia ($2.02M), Indonesia ($427k), Thailand ($87.1k), Singapore ($75.1k), and India ($2.97k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Italy$163 (1%)
Switzerland$42 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Madagascar WERE (2022 - 2023):
France-$443 (-13.5%)
Turkey-$30 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.14k
TOP IMPORT POTENTIALMalaysia+ $932k

Coconut Oil’s highest export potential is France. With an export gap of $4.14k.   Coconut Oil’s highest import potential is Malaysia with an import gap of $932k.

See methodology.

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