2022
Exports
$9.83kWorld Rnk 131 / 160
Flag Rnk 437 / 803
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$1.86MWorld Rnk 155 / 212
Flag Rnk 335 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $9.83k in Corn, making it the 131st largest exporter of Corn in the world. At the same year, Corn was the 437th most exported product in Madagascar. The main destination of Corn exports from Madagascar are: France ($9.03k), Comoros ($410), Belgium ($382), and Germany ($5).

The fastest growing export markets for Corn of Madagascar between 2021 and 2022 were Belgium ($230) and Germany ($5).

Imports In 2022, Madagascar imported $1.86M in Corn, becoming the 155th largest importer of Corn in the world. At the same year, Corn was the 335th most imported product in Madagascar. Madagascar imports Corn primarily from: South Africa ($1.78M), France ($45.9k), India ($22.4k), United Arab Emirates ($8.83k), and Nigeria ($630).

The fastest growing import markets in Corn for Madagascar between 2021 and 2022 were South Africa ($1.44M), India ($22.4k), and United Arab Emirates ($8.12k).

Latest Trends

Aug 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 (2022)$9.83k
IMPORTS (2022)$1.86M
NET TRADE (2022)-$1.85M

In 2022, Madagascar exported $9.83k in Corn. The main destinations of Madagascar exports on Corn were France ($9.03k), Comoros ($410), Belgium ($382), and Germany ($5).

In 2022, Madagascar imported $1.86M in Corn, mainly from South Africa ($1.78M), France ($45.9k), India ($22.4k), United Arab Emirates ($8.83k), and Nigeria ($630).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Belgium$230 (151%)
Germany$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Madagascar WERE (2021 - 2022):
France-$16.4k (-64.5%)
Sweden-$2.9k (-100%)
Comoros-$2.58k (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Corn were:
In 2022, Madagascar's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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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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