2022
Exports
$70.3kWorld Rnk 107 / 161
Flag Rnk 290 / 803
falsefalse Spain
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$26World Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $70.3k in Bananas, making it the 107th largest exporter of Bananas in the world. At the same year, Bananas was the 290th most exported product in Madagascar. The main destination of Bananas exports from Madagascar are: Spain ($64.6k), France ($3.79k), Japan ($1.75k), Comoros ($159), and Germany ($27).

The fastest growing export markets for Bananas of Madagascar between 2021 and 2022 were Spain ($64.6k), Japan ($1.01k), and Comoros ($126).

Imports In 2020, Madagascar imported $26 in Bananas, becoming the 0th largest importer of Bananas in the world. At the same year, Bananas was the 0th most imported product in Madagascar. Madagascar imports Bananas primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$70.3k
IMPORTS (2020)$26
NET TRADE (2022)$70.3k

In 2022, Madagascar exported $70.3k in Bananas. The main destinations of Madagascar exports on Bananas were Spain ($64.6k), France ($3.79k), Japan ($1.75k), Comoros ($159), and Germany ($27).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Spain$64.6k (1%)
Japan$1.01k (135%)
Comoros$126 (382%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Madagascar WERE (2021 - 2022):
France-$5.6k (-59.6%)
Luxembourg-$83 (-78.3%)
Germany-$38 (-58.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $43.9k
TOP IMPORT POTENTIALPhilippines+ $389

Bananas’s highest export potential is Spain. With an export gap of $43.9k.   Bananas’s highest import potential is Philippines with an import gap of $389.

See methodology.

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