Refined Petroleum in Madagascar | The Observatory of Economic Complexity

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Exports In 2022, Madagascar exported $46.1M in Refined Petroleum, making it the 119th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 17th most exported product in Madagascar. The main destination of Refined Petroleum exports from Madagascar are: France ($26.6M), Ethiopia ($11.5M), Italy ($2.89M), Uganda ($904k), and Kenya ($863k).

The fastest growing export markets for Refined Petroleum of Madagascar between 2021 and 2022 were France ($18.3M), Ethiopia ($9.43M), and Italy ($2.89M).

Imports In 2022, Madagascar imported $625M in Refined Petroleum, becoming the 128th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Madagascar. Madagascar imports Refined Petroleum primarily from: Oman ($321M), United Arab Emirates ($81.3M), India ($75.6M), Singapore ($64.2M), and Kuwait ($30.1M).

The fastest growing import markets in Refined Petroleum for Madagascar between 2021 and 2022 were India ($74.3M), Oman ($65.8M), and Singapore ($63.5M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Madagascar to the United States.

Feb 2024

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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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$46.1M

IMPORTS (2022)$625M

NET TRADE (2022)-$579M

In 2022, Madagascar exported $46.1M in Refined Petroleum. The main destinations of Madagascar exports on Refined Petroleum were France ($26.6M), Ethiopia ($11.5M), Italy ($2.89M), Uganda ($904k), and Kenya ($863k).

In 2022, Madagascar imported $625M in Refined Petroleum, mainly from Oman ($321M), United Arab Emirates ($81.3M), India ($75.6M), Singapore ($64.2M), and Kuwait ($30.1M).