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2022
Exports $18.8kWorld Rnk 104 / 124
Flag Rnk 387 / 803
2022
Destination $18.8k United Kingdom
2022
PRODUCT COMPLEXITY IN Soybean Meal-1.24Rnk 894 / 1025
2022
Imports $1.15MWorld Rnk 144 / 174
Flag Rnk 421 / 1117
2022
Origin $1.11M United States
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $18.8k in Soybean Meal, making it the 104th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 387th most exported product in Madagascar. The main destination of Soybean Meal exports from Madagascar are: United Kingdom ($18.8k).

The fastest growing export markets for Soybean Meal of Madagascar between N/A and 2022 were United Kingdom ($18.8k).

Imports In 2022, Madagascar imported $1.15M in Soybean Meal, becoming the 144th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 421st most imported product in Madagascar. Madagascar imports Soybean Meal primarily from: United States ($1.11M), India ($28.8k), and France ($11.3k).

The fastest growing import markets in Soybean Meal for Madagascar between 2021 and 2022 were United States ($1.11M) and France ($7.46k).

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 Soybean Meal. 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)$18.8k
IMPORTS (2022)$1.15M
NET TRADE (2022)-$1.13M

In 2022, Madagascar exported $18.8k in Soybean Meal. The main destinations of Madagascar exports on Soybean Meal were United Kingdom ($18.8k).

In 2022, Madagascar imported $1.15M in Soybean Meal, mainly from United States ($1.11M), India ($28.8k), and France ($11.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Madagascar WERE (N/A - 2022):United Kingdom$18.8k (1%)
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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 Soybean Meal were:
Argentina $12B
Brazil $10.4B
United States $5.2B
In 2022, Madagascar's main importing competitors in Soybean Meal were:
Indonesia $2.92B
Vietnam $2.5B
Germany $1.71B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $21.1k
TOP IMPORT POTENTIALUnited States+ $204k

Soybean Meal’s highest export potential is United Kingdom. With an export gap of $21.1k.   Soybean Meal’s highest import potential is United States with an import gap of $204k.

See methodology.

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