2022
Exports
$11.9MWorld Rnk 23 / 149
Flag Rnk 40 / 803
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$37.8kWorld Rnk 167 / 201
Flag Rnk 862 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $11.9M in Ground Nuts, making it the 23rd largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 40th most exported product in Madagascar. The main destination of Ground Nuts exports from Madagascar are: Vietnam ($11.3M), Indonesia ($233k), Comoros ($186k), Libya ($45k), and United Arab Emirates ($39.2k).

The fastest growing export markets for Ground Nuts of Madagascar between 2021 and 2022 were Tunisia ($10.7k), United Arab Emirates ($10.4k), and Libya ($8.63k).

Imports In 2022, Madagascar imported $37.8k in Ground Nuts, becoming the 167th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 862nd most imported product in Madagascar. Madagascar imports Ground Nuts primarily from: Morocco ($26.2k), Mauritius ($9.8k), France ($1.31k), China ($384), and Hong Kong ($28).

The fastest growing import markets in Ground Nuts for Madagascar between 2021 and 2022 were Morocco ($26.2k) and China ($384).

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 Ground Nuts. 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)$11.9M
IMPORTS (2022)$37.8k
NET TRADE (2022)$11.8M

In 2022, Madagascar exported $11.9M in Ground Nuts. The main destinations of Madagascar exports on Ground Nuts were Vietnam ($11.3M), Indonesia ($233k), Comoros ($186k), Libya ($45k), and United Arab Emirates ($39.2k).

In 2022, Madagascar imported $37.8k in Ground Nuts, mainly from Morocco ($26.2k), Mauritius ($9.8k), France ($1.31k), China ($384), and Hong Kong ($28).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Tunisia$10.7k (77.8%)
United Arab Emirates$10.4k (36.2%)
Libya$8.63k (23.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Madagascar WERE (2021 - 2022):
Vietnam-$135k (-1.18%)
Indonesia-$132k (-36.2%)
Mauritius-$53.6k (-77.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Ground Nuts were:
In 2022, Madagascar's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $461k
TOP IMPORT POTENTIALChina+ $1.81k

Ground Nuts’s highest export potential is Indonesia. With an export gap of $461k.   Ground Nuts’s highest import potential is China with an import gap of $1.81k.

See methodology.

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