2022
Exports
$4.66kWorld Rnk 125 / 154
Flag Rnk 505 / 803
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$4.14MWorld Rnk 77 / 212
Flag Rnk 213 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $4.66k in Coconut Oil, making it the 125th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 505th most exported product in Madagascar. The main destination of Coconut Oil exports from Madagascar are: France ($4.6k), United Arab Emirates ($36), and Turkey ($27).

The fastest growing export markets for Coconut Oil of Madagascar between 2021 and 2022 were Turkey ($27).

Imports In 2022, Madagascar imported $4.14M in Coconut Oil, becoming the 77th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 213th most imported product in Madagascar. Madagascar imports Coconut Oil primarily from: Malaysia ($3.13M), Indonesia ($554k), Singapore ($295k), Hong Kong ($96.3k), and Vietnam ($55.9k).

The fastest growing import markets in Coconut Oil for Madagascar between 2021 and 2022 were Malaysia ($1.55M), Indonesia ($411k), and Singapore ($256k).

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 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 (2022)$4.66k
IMPORTS (2022)$4.14M
NET TRADE (2022)-$4.14M

In 2022, Madagascar exported $4.66k in Coconut Oil. The main destinations of Madagascar exports on Coconut Oil were France ($4.6k), United Arab Emirates ($36), and Turkey ($27).

In 2022, Madagascar imported $4.14M in Coconut Oil, mainly from Malaysia ($3.13M), Indonesia ($554k), Singapore ($295k), Hong Kong ($96.3k), and Vietnam ($55.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):Turkey$27 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Madagascar WERE (2021 - 2022):
Burkina Faso-$2.16k (-100%)
United Kingdom-$1.42k (-100%)
France-$1.41k (-23.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Coconut Oil were:
In 2022, 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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