2023
Exports
$4.24MWorld Rnk 59 / 198
Flag Rnk 73 / 810
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$194kWorld Rnk 175 / 224
Flag Rnk 625 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $4.24M in Spices, making it the 59th largest exporter of Spices in the world. At the same year, Spices was the 73rd most exported product in Madagascar. The main destination of Spices exports from Madagascar are: France ($1.55M), Germany ($694k), Singapore ($515k), Japan ($318k), and United Kingdom ($217k).

The fastest growing export markets for Spices of Madagascar between 2022 and 2023 were Singapore ($326k), Japan ($287k), and Netherlands ($178k).

Imports In 2023, Madagascar imported $194k in Spices, becoming the 175th largest importer of Spices in the world. At the same year, Spices was the 625th most imported product in Madagascar. Madagascar imports Spices primarily from: France ($75.7k), India ($56.3k), South Africa ($18.3k), Pakistan ($17.6k), and Mauritius ($7.55k).

The fastest growing import markets in Spices for Madagascar between 2022 and 2023 were United Arab Emirates ($2.91k), Italy ($469), and Netherlands ($52).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Spices. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.24M
IMPORTS (2023)$194k
NET TRADE (2023)$4.05M

In 2023, Madagascar exported $4.24M in Spices. The main destinations of Madagascar exports on Spices were France ($1.55M), Germany ($694k), Singapore ($515k), Japan ($318k), and United Kingdom ($217k).

In 2023, Madagascar imported $194k in Spices, mainly from France ($75.7k), India ($56.3k), South Africa ($18.3k), Pakistan ($17.6k), and Mauritius ($7.55k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Singapore$326k (172%)
Japan$287k (944%)
Netherlands$178k (591%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Madagascar WERE (2022 - 2023):
France-$731k (-32.1%)
Germany-$367k (-34.6%)
Morocco-$127k (-89.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Madagascar's main exporting competitors in Spices were:
In 2023, Madagascar's main importing competitors in Spices were:

Explore Visualizations

Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $469k
TOP IMPORT POTENTIALIndia+ $66.1k

Spices’s highest export potential is Germany. With an export gap of $469k.   Spices’s highest import potential is India with an import gap of $66.1k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with