Molasses in Madagascar | The Observatory of Economic Complexity

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Pricing

2021
Exports $489World Rnk 0 / 0
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Rnk 0 / 0

falsefalseN/A

2023
PRODUCT COMPLEXITY IN Molasses-1.73Rnk 974 / 1025

2021
Imports $130kWorld Rnk 97 / 187
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Rnk 688 / 1110

2023
ECONOMIC COMPLEXITY of Madagascar-1.15Rnk 117 / 132

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Historical Data
Potential Exports

About

Imports In 2023, Madagascar imported $130k in Molasses, becoming the 97th largest importer of Molasses in the world. At the same year, Molasses was the 688th most imported product in Madagascar. Madagascar imports Molasses primarily from: Vietnam ($89.9k), India ($26.1k), and Paraguay ($13.7k).

The fastest growing import markets in Molasses for Madagascar between 2022 and 2023 were India ($26.1k), Vietnam ($18.2k), and Paraguay ($6.55k).

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2021)$489

IMPORTS (2023)$130k

NET TRADE (2023)-$130k

In 2023, Madagascar imported $130k in Molasses, mainly from Vietnam ($89.9k), India ($26.1k), and Paraguay ($13.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Exports

Imports

Starting

Ending

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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow

Export

Import

Type

Value

In 2023, Madagascar's main exporting competitors in Molasses were:

India $295M

Indonesia $168M

Poland $85.5M

In 2023, Madagascar's main importing competitors in Molasses were:

United States $263M

Philippines $161M

United Kingdom $161M

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Trade Value of Molasses by Exporters

Potential Exports

Flow

Exports

Imports

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TOP EXPORT POTENTIALUnited States+ $462

TOP IMPORT POTENTIALIndia+ $1.05k

Molasses’s highest export potential is United States. With an export gap of $462. Molasses’s highest import potential is India with an import gap of $1.05k.

See methodology.

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