2022
Exports
$374kWorld Rnk 85 / 166
Flag Rnk 178 / 803
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$3.69kWorld Rnk 164 / 197
Flag Rnk 992 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $374k in Locust beans, seaweed, sugar beet, cane, for food, making it the 85th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 178th most exported product in Madagascar. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Madagascar are: Spain ($226k), Germany ($61.5k), France ($40.1k), Portugal ($38.3k), and United Kingdom ($4.75k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Madagascar between 2021 and 2022 were Spain ($226k), Germany ($51.6k), and Portugal ($38.3k).

Imports In 2022, Madagascar imported $3.69k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 164th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 992nd most imported product in Madagascar. Madagascar imports Locust beans, seaweed, sugar beet, cane, for food primarily from: France ($2.83k), South Africa ($458), and United Arab Emirates ($410).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Madagascar between 2021 and 2022 were France ($642) and United Arab Emirates ($359).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Locust beans, seaweed, sugar beet, cane, for food. 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)$374k
IMPORTS (2022)$3.69k
NET TRADE (2022)$371k

In 2022, Madagascar exported $374k in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Madagascar exports on Locust beans, seaweed, sugar beet, cane, for food were Spain ($226k), Germany ($61.5k), France ($40.1k), Portugal ($38.3k), and United Kingdom ($4.75k).

In 2022, Madagascar imported $3.69k in Locust beans, seaweed, sugar beet, cane, for food, mainly from France ($2.83k), South Africa ($458), and United Arab Emirates ($410).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Spain$226k (1%)
Germany$51.6k (521%)
Portugal$38.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Madagascar WERE (2021 - 2022):
Ukraine-$740 (-100%)
Canada-$33 (-100%)
Djibouti-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Madagascar's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $592k
TOP IMPORT POTENTIALChina+ $3.29k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is China. With an export gap of $592k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $3.29k.

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