2022
Exports
$3.79MWorld Rnk 63 / 194
Flag Rnk 75 / 803
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$255kWorld Rnk 172 / 223
Flag Rnk 633 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $3.79M in Spices, making it the 63rd largest exporter of Spices in the world. At the same year, Spices was the 75th most exported product in Madagascar. The main destination of Spices exports from Madagascar are: France ($1.85M), Germany ($933k), United Kingdom ($214k), Singapore ($189k), and Morocco ($134k).

The fastest growing export markets for Spices of Madagascar between 2021 and 2022 were Germany ($509k), France ($263k), and Singapore ($189k).

Imports In 2022, Madagascar imported $255k in Spices, becoming the 172nd largest importer of Spices in the world. At the same year, Spices was the 633rd most imported product in Madagascar. Madagascar imports Spices primarily from: India ($93.9k), France ($71k), Pakistan ($32k), Hong Kong ($23.9k), and South Africa ($10.5k).

The fastest growing import markets in Spices for Madagascar between 2021 and 2022 were France ($52k), India ($38.3k), and Pakistan ($16.1k).

Latest Trends

Sep 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 Spices. 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)$3.79M
IMPORTS (2022)$255k
NET TRADE (2022)$3.54M

In 2022, Madagascar exported $3.79M in Spices. The main destinations of Madagascar exports on Spices were France ($1.85M), Germany ($933k), United Kingdom ($214k), Singapore ($189k), and Morocco ($134k).

In 2022, Madagascar imported $255k in Spices, mainly from India ($93.9k), France ($71k), Pakistan ($32k), Hong Kong ($23.9k), and South Africa ($10.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Germany$509k (120%)
France$263k (16.6%)
Singapore$189k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Madagascar WERE (2021 - 2022):
Australia-$97k (-79.9%)
Saudi Arabia-$77.5k (-100%)
India-$52.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Spices were:
In 2022, Madagascar's main importing competitors in Spices were:

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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.

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