2023
Exports
$6.64MWorld Rnk 85 / 186
Flag Rnk 61 / 810
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$89.5MWorld Rnk 83 / 225
Flag Rnk 7 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $6.64M in Raw Sugar, making it the 85th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 61st most exported product in Madagascar. The main destination of Raw Sugar exports from Madagascar are: Kenya ($6.52M), France ($82.2k), Slovakia ($29.9k), Canada ($106), and United Arab Emirates ($59).

The fastest growing export markets for Raw Sugar of Madagascar between 2022 and 2023 were Kenya ($1.63M), France ($30.6k), and Canada ($106).

Imports In 2023, Madagascar imported $89.5M in Raw Sugar, becoming the 83rd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 7th most imported product in Madagascar. Madagascar imports Raw Sugar primarily from: Brazil ($40.1M), India ($23.1M), Mauritius ($18.7M), South Africa ($3.29M), and Pakistan ($2.42M).

The fastest growing import markets in Raw Sugar for Madagascar between 2022 and 2023 were India ($17.5M), Mauritius ($4.92M), and Brazil ($4.26M).

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 Raw Sugar. 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)$6.64M
IMPORTS (2023)$89.5M
NET TRADE (2023)-$82.9M

In 2023, Madagascar exported $6.64M in Raw Sugar. The main destinations of Madagascar exports on Raw Sugar were Kenya ($6.52M), France ($82.2k), Slovakia ($29.9k), Canada ($106), and United Arab Emirates ($59).

In 2023, Madagascar imported $89.5M in Raw Sugar, mainly from Brazil ($40.1M), India ($23.1M), Mauritius ($18.7M), South Africa ($3.29M), and Pakistan ($2.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Kenya$1.63M (33.4%)
France$30.6k (59.4%)
Canada$106 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Madagascar WERE (2022 - 2023):
Mauritius-$176k (-100%)
Armenia-$74 (-100%)
Switzerland-$31 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, Madagascar's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $154k
TOP IMPORT POTENTIALIndia+ $3.87M

Raw Sugar’s highest export potential is France. With an export gap of $154k.   Raw Sugar’s highest import potential is India with an import gap of $3.87M.

See methodology.

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