2023
Exports
$84.6kWorld Rnk 90 / 156
Flag Rnk 265 / 810
2023
PRODUCT COMPLEXITY IN Spice Seeds
-1.19Rnk 875 / 1025
2023
Imports
$27.5kWorld Rnk 153 / 215
Flag Rnk 879 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $84.6k in Spice Seeds, making it the 90th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 265th most exported product in Madagascar. The main destination of Spice Seeds exports from Madagascar are: Spain ($27k), Switzerland ($15.7k), France ($15.4k), Singapore ($13.4k), and Germany ($11.1k).

The fastest growing export markets for Spice Seeds of Madagascar between 2022 and 2023 were Spain ($27k), Switzerland ($15.3k), and Singapore ($13.4k).

Imports In 2023, Madagascar imported $27.5k in Spice Seeds, becoming the 153rd largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 879th most imported product in Madagascar. Madagascar imports Spice Seeds primarily from: India ($20.9k), United Arab Emirates ($4.21k), France ($2.09k), and Mauritius ($307).

The fastest growing import markets in Spice Seeds for Madagascar between 2022 and 2023 were India ($1.95k), United Arab Emirates ($1.95k), and Mauritius ($118).

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 Spice Seeds. 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)$84.6k
IMPORTS (2023)$27.5k
NET TRADE (2023)$57.1k

In 2023, Madagascar exported $84.6k in Spice Seeds. The main destinations of Madagascar exports on Spice Seeds were Spain ($27k), Switzerland ($15.7k), France ($15.4k), Singapore ($13.4k), and Germany ($11.1k).

In 2023, Madagascar imported $27.5k in Spice Seeds, mainly from India ($20.9k), United Arab Emirates ($4.21k), France ($2.09k), and Mauritius ($307).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Spain$27k (1%)
Switzerland$15.3k (4.01k%)
Singapore$13.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Madagascar WERE (2022 - 2023):
Germany-$73.7k (-86.9%)
France-$37.4k (-70.8%)
India-$7.63k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Spice Seeds were:
India $786M
China $181M
Egypt $104M
In 2023, Madagascar's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $70.9k
TOP IMPORT POTENTIALIndia+ $26.3k

Spice Seeds’s highest export potential is Germany. With an export gap of $70.9k.   Spice Seeds’s highest import potential is India with an import gap of $26.3k.

See methodology.

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