2022
Exports
$17MWorld Rnk 58 / 175
Flag Rnk 34 / 803
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$71.5kWorld Rnk 172 / 224
Flag Rnk 799 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $17M in Processed Crustaceans, making it the 58th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 34th most exported product in Madagascar. The main destination of Processed Crustaceans exports from Madagascar are: France ($5.91M), China ($3.32M), South Korea ($1.97M), Mauritius ($1.4M), and Portugal ($1.14M).

The fastest growing export markets for Processed Crustaceans of Madagascar between 2021 and 2022 were France ($1.4M), China ($730k), and South Korea ($721k).

Imports In 2022, Madagascar imported $71.5k in Processed Crustaceans, becoming the 172nd largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 799th most imported product in Madagascar. Madagascar imports Processed Crustaceans primarily from: France ($40.7k), Spain ($30.8k), and Italy ($40).

The fastest growing import markets in Processed Crustaceans for Madagascar between 2021 and 2022 were Spain ($30.8k) and Italy ($40).

Latest Trends

Jul 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 Processed Crustaceans. 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)$17M
IMPORTS (2022)$71.5k
NET TRADE (2022)$16.9M

In 2022, Madagascar exported $17M in Processed Crustaceans. The main destinations of Madagascar exports on Processed Crustaceans were France ($5.91M), China ($3.32M), South Korea ($1.97M), Mauritius ($1.4M), and Portugal ($1.14M).

In 2022, Madagascar imported $71.5k in Processed Crustaceans, mainly from France ($40.7k), Spain ($30.8k), and Italy ($40).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
France$1.4M (31.1%)
China$730k (28.2%)
South Korea$721k (57.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Madagascar WERE (2021 - 2022):
Italy-$458k (-100%)
Singapore-$241k (-72%)
Malaysia-$210k (-63.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Madagascar's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $289k
TOP IMPORT POTENTIALChina+ $1.23k

Processed Crustaceans’s highest export potential is China. With an export gap of $289k.   Processed Crustaceans’s highest import potential is China with an import gap of $1.23k.

See methodology.

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