2023
Exports
$1.59MWorld Rnk 40 / 117
Flag Rnk 110 / 810
2023
PRODUCT COMPLEXITY IN Other Organic Compounds
0.52Rnk 362 / 1025
2023
Imports
$37kWorld Rnk 141 / 197
Flag Rnk 845 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $1.59M in Other Organic Compounds, making it the 40th largest exporter of Other Organic Compounds in the world. At the same year, Other Organic Compounds was the 110th most exported product in Madagascar. The main destination of Other Organic Compounds exports from Madagascar are: India ($1.59M), Slovenia ($727), Finland ($272), France ($48), and Italy ($9).

The fastest growing export markets for Other Organic Compounds of Madagascar between 2022 and 2023 were Finland ($272) and France ($48).

Imports In 2023, Madagascar imported $37k in Other Organic Compounds, becoming the 141st largest importer of Other Organic Compounds in the world. At the same year, Other Organic Compounds was the 845th most imported product in Madagascar. Madagascar imports Other Organic Compounds primarily from: France ($27.4k), United Arab Emirates ($3.82k), China ($3.78k), Australia ($729), and Austria ($571).

The fastest growing import markets in Other Organic Compounds for Madagascar between 2022 and 2023 were France ($26.5k), China ($2.01k), and Australia ($729).

Latest Trends

Dec 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 Other Organic Compounds. 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 (2023)$1.59M
IMPORTS (2023)$37k
NET TRADE (2023)$1.55M

In 2023, Madagascar exported $1.59M in Other Organic Compounds. The main destinations of Madagascar exports on Other Organic Compounds were India ($1.59M), Slovenia ($727), Finland ($272), France ($48), and Italy ($9).

In 2023, Madagascar imported $37k in Other Organic Compounds, mainly from France ($27.4k), United Arab Emirates ($3.82k), China ($3.78k), Australia ($729), and Austria ($571).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Organic Compounds EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Finland$272 (1%)
France$48 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Organic Compounds BY Madagascar WERE (2022 - 2023):
India-$1.49M (-48.3%)
Italy-$178k (-100%)
Slovenia-$6.04k (-89.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Other Organic Compounds were:
In 2023, Madagascar's main importing competitors in Other Organic Compounds were:

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Trade Value of Other Organic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $230k
TOP IMPORT POTENTIALChina+ $3.28k

Other Organic Compounds’s highest export potential is India. With an export gap of $230k.   Other Organic Compounds’s highest import potential is China with an import gap of $3.28k.

See methodology.

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