2021
Exports
$1.44kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$175kWorld Rnk 110 / 189
Flag Rnk 684 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Imports In 2022, Madagascar imported $175k in Olive Oil, becoming the 110th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 684th most imported product in Madagascar. Madagascar imports Olive Oil primarily from: Spain ($80.8k), Italy ($57.9k), Croatia ($29.7k), and France ($6.56k).

The fastest growing import markets in Olive Oil for Madagascar between 2021 and 2022 were Spain ($53.6k), Croatia ($29.7k), and Italy ($15.6k).

Latest Trends

Oct 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 Olive Oil. 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 (2021)$1.44k
IMPORTS (2022)$175k
NET TRADE (2022)-$175k

In 2022, Madagascar imported $175k in Olive Oil, mainly from Spain ($80.8k), Italy ($57.9k), Croatia ($29.7k), and France ($6.56k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Madagascar WERE (N/A - 2021):France-$1.44k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Madagascar's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $346
TOP IMPORT POTENTIALSpain+ $16.7k

Olive Oil’s highest export potential is United States. With an export gap of $346.   Olive Oil’s highest import potential is Spain with an import gap of $16.7k.

See methodology.

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