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2022
Exports $132kWorld Rnk 101 / 152
Flag Rnk 248 / 803
2022
Destination $3 Mauritius
2021 - 2022
FASTEST GROWING MARKET $3France
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $11.6MWorld Rnk 103 / 211
Flag Rnk 88 / 1117
2022
Origin $1.07M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $1.07MMauritius
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $132k in Seed Oils, making it the 101st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 248th most exported product in Madagascar. The main destination of Seed Oils exports from Madagascar are: Mauritius ($132k) and France ($73).

The fastest growing export markets for Seed Oils of Madagascar between 2021 and 2022 were France ($3).

Imports In 2022, Madagascar imported $11.6M in Seed Oils, becoming the 103rd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 88th most imported product in Madagascar. Madagascar imports Seed Oils primarily from: Turkey ($4.4M), South Africa ($1.95M), Egypt ($1.6M), Mauritius ($1.07M), and France ($702k).

The fastest growing import markets in Seed Oils for Madagascar between 2021 and 2022 were Mauritius ($1.07M), Egypt ($571k), and Russia ($305k).

Latest Trends

Oct 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 Seed Oils. 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)$132k
IMPORTS (2022)$11.6M
NET TRADE (2022)-$11.5M

In 2022, Madagascar exported $132k in Seed Oils. The main destinations of Madagascar exports on Seed Oils were Mauritius ($132k) and France ($73).

In 2022, Madagascar imported $11.6M in Seed Oils, mainly from Turkey ($4.4M), South Africa ($1.95M), Egypt ($1.6M), Mauritius ($1.07M), and France ($702k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):France$3 (4.29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Madagascar WERE (2021 - 2022):Mauritius-$228k (-63.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Madagascar's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $780
TOP IMPORT POTENTIALUkraine+ $410k

Seed Oils’s highest export potential is India. With an export gap of $780.   Seed Oils’s highest import potential is Ukraine with an import gap of $410k.

See methodology.

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