2021
Exports
$1.44kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$97.7kWorld Rnk 129 / 185
Flag Rnk 733 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Imports In 2023, Madagascar imported $97.7k in Olive Oil, becoming the 129th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 733rd most imported product in Madagascar. Madagascar imports Olive Oil primarily from: Spain ($43.6k), Italy ($33k), France ($20.6k), and United Arab Emirates ($600).

The fastest growing import markets in Olive Oil for Madagascar between 2022 and 2023 were Spain ($33.8k), France ($14.1k), and United Arab Emirates ($600).

Latest Trends

Jan 2025

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 (2023)$97.7k
NET TRADE (2023)-$97.7k

In 2023, Madagascar imported $97.7k in Olive Oil, mainly from Spain ($43.6k), Italy ($33k), France ($20.6k), and United Arab Emirates ($600).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, 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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