2023
Exports
$580World Rnk 134 / 160
Flag Rnk 663 / 810
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$1.24MWorld Rnk 124 / 221
Flag Rnk 360 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $580 in Pure Olive Oil, making it the 134th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 663rd most exported product in Madagascar. The main destination of Pure Olive Oil exports from Madagascar are: Spain ($328), Mauritius ($248), and France ($4).

The fastest growing export markets for Pure Olive Oil of Madagascar between 2022 and 2023 were Spain ($328), Mauritius ($248), and France ($4).

Imports In 2023, Madagascar imported $1.24M in Pure Olive Oil, becoming the 124th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 360th most imported product in Madagascar. Madagascar imports Pure Olive Oil primarily from: France ($499k), Spain ($328k), Italy ($167k), Tunisia ($154k), and Ghana ($48.8k).

The fastest growing import markets in Pure Olive Oil for Madagascar between 2022 and 2023 were France ($157k), Spain ($127k), and Italy ($54.1k).

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 Pure 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 (2023)$580
IMPORTS (2023)$1.24M
NET TRADE (2023)-$1.24M

In 2023, Madagascar exported $580 in Pure Olive Oil. The main destinations of Madagascar exports on Pure Olive Oil were Spain ($328), Mauritius ($248), and France ($4).

In 2023, Madagascar imported $1.24M in Pure Olive Oil, mainly from France ($499k), Spain ($328k), Italy ($167k), Tunisia ($154k), and Ghana ($48.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Spain$328 (1%)
Mauritius$248 (1%)
France$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Madagascar WERE (2022 - 2023):
Saudi Arabia-$502 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Madagascar's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $762
TOP IMPORT POTENTIALSpain+ $168k

Pure Olive Oil’s highest export potential is United States. With an export gap of $762.   Pure Olive Oil’s highest import potential is Spain with an import gap of $168k.

See methodology.

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