2023
Exports
$3.4kWorld Rnk 129 / 150
Flag Rnk 546 / 810
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$12.9MWorld Rnk 92 / 216
Flag Rnk 76 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $3.4k in Seed Oils, making it the 129th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 546th most exported product in Madagascar. The main destination of Seed Oils exports from Madagascar are: Spain ($3.35k) and France ($53).

The fastest growing export markets for Seed Oils of Madagascar between 2022 and 2023 were Spain ($3.35k).

Imports In 2023, Madagascar imported $12.9M in Seed Oils, becoming the 92nd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 76th most imported product in Madagascar. Madagascar imports Seed Oils primarily from: Egypt ($3.46M), Argentina ($2.96M), Romania ($2.08M), Spain ($1.51M), and Ukraine ($888k).

The fastest growing import markets in Seed Oils for Madagascar between 2022 and 2023 were Argentina ($2.96M), Romania ($2.03M), and Egypt ($1.8M).

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 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 (2023)$3.4k
IMPORTS (2023)$12.9M
NET TRADE (2023)-$12.9M

In 2023, Madagascar exported $3.4k in Seed Oils. The main destinations of Madagascar exports on Seed Oils were Spain ($3.35k) and France ($53).

In 2023, Madagascar imported $12.9M in Seed Oils, mainly from Egypt ($3.46M), Argentina ($2.96M), Romania ($2.08M), Spain ($1.51M), and Ukraine ($888k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):Spain$3.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Madagascar WERE (2022 - 2023):
Mauritius-$139k (-100%)
France-$20 (-27.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Madagascar's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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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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