2023
Exports
$6.79kWorld Rnk 137 / 158
Flag Rnk 480 / 810
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$632kWorld Rnk 164 / 216
Flag Rnk 469 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $6.79k in Corn, making it the 137th largest exporter of Corn in the world. At the same year, Corn was the 480th most exported product in Madagascar. The main destination of Corn exports from Madagascar are: France ($4.58k), Germany ($2.18k), Netherlands ($22), and Canada ($2).

The fastest growing export markets for Corn of Madagascar between 2022 and 2023 were Germany ($2.18k), Netherlands ($22), and Canada ($2).

Imports In 2023, Madagascar imported $632k in Corn, becoming the 164th largest importer of Corn in the world. At the same year, Corn was the 469th most imported product in Madagascar. Madagascar imports Corn primarily from: South Africa ($330k), Serbia ($241k), Cote d'Ivoire ($20.5k), United Arab Emirates ($18.9k), and France ($8.9k).

The fastest growing import markets in Corn for Madagascar between 2022 and 2023 were Serbia ($241k), Cote d'Ivoire ($20.5k), and United Arab Emirates ($8.53k).

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 Corn. 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)$6.79k
IMPORTS (2023)$632k
NET TRADE (2023)-$625k

In 2023, Madagascar exported $6.79k in Corn. The main destinations of Madagascar exports on Corn were France ($4.58k), Germany ($2.18k), Netherlands ($22), and Canada ($2).

In 2023, Madagascar imported $632k in Corn, mainly from South Africa ($330k), Serbia ($241k), Cote d'Ivoire ($20.5k), United Arab Emirates ($18.9k), and France ($8.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Germany$2.18k (43.5k%)
Netherlands$22 (1%)
Canada$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Madagascar WERE (2022 - 2023):
France-$10k (-68.6%)
Comoros-$410 (-100%)
Belgium-$382 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Corn were:
In 2023, Madagascar's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $15.9k
TOP IMPORT POTENTIALFrance+ $80k

Corn’s highest export potential is France. With an export gap of $15.9k.   Corn’s highest import potential is France with an import gap of $80k.

See methodology.

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