Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
0905. Vanilla | Madagascar | World | Exports | Value (US$) | 10,188,591.00 | 40,686,359.00 | 118,249,328.00 | 208,469,532.00 | 411,117,227.58 | 706,541,778.67 | 873,890,086.96 | 587,243,671.81 | 510,914,781.09 | 618,688,208.96 | 533,408,995.21 | 271,656,522.00 |
Value Growth, YoY (%) | -13.63 | 299.33 | 190.63 | 76.29 | 97.20 | 71.85 | 23.68 | -32.80 | -12.99 | 21.09 | -13.78 | -49.07 | ||||
Imports | Value (US$) | 321,514.00 | 907,411.00 | 1,277,435.00 | 992,034.00 | 1,054,328.51 | 989,629.26 | 7,156,085.06 | 9,928,255.48 | 1,297,673.19 | 4,093,603.99 | 143,744.59 | 2,014,162.50 | |||
Value Growth, YoY (%) | 182.23 | 40.77 | -22.34 | 6.27 | -6.13 | 623.10 | 38.73 | -86.92 | 215.45 | -96.48 | 1,301.20 |
The value of exports of commodity group 0905 "Vanilla" from Madagascar totalled $ 271 million in 2023. Sales of commodity group 0905 from Madagascar decreased by 49% in value terms compared to 2022. exports of commodity group 0905 "Vanilla" decreased by $ 261 million (cumulative exports of commodity group 0905 from Madagascar amounted $533 million in 2022)
Exports of commodity group 0905 "Vanilla" amounted to 8.27% of total exports from Madagascar (cumulative merchandise exports from Madagascar totalled $ 3.28 billion in 2023). The share of commodity group 0905 in total exports from Madagascar decreased by 6.87 p.p. compared to 2022 (it was 15.1% in 2022 and cumulative exports from Madagascar were equal to $ 3.52 billion).
Exports of commodity group 0905 amounted to 50% of total sales of group "" from Madagascar in 2023 (the value of exports of commodity group from Madagascar amounted to $538 million in 2023). The share of exports of commodity group 0905 in sales of commodity group from Madagascar lowered by 14.2 p.p. compared to 2022 (it was 64% in 2022, and exports of commodity group from Madagascar were $823 million).
Top export destinations of "Vanilla" from Madagascar in 2023:
The value of imports of commodity group 0905 "Vanilla" to Madagascar totalled $ 2.01 million in 2023. Sales of commodity group 0905 to Madagascar went up by 1.3 thousand% compared to 2022: imports of commodity group 0905 "Vanilla" went up by $ 1.87 million (the value of imports of commodity group 0905 to Madagascar was equal to $143 thousand in 2022)
Imports of commodity group 0905 "Vanilla" accounted for 0.041% of total import flow to Madagascar (in 2023, total imports to Madagascar amounted to $ 4.81 billion). The share of commodity group 0905 in total imports to Madagascar increased by 0.039 p.p. compared to 2022 (it was 0.002% in 2022 and cumulative imports to Madagascar were equal to $ 5.46 billion).
Imports of commodity group 0905 reached 37% of total imports of group "" to Madagascar in 2023 (imports of commodity group to Madagascar totalled $5.33 million in 2023). The share of purchases of commodity group 0905 in total imports of commodity group to Madagascar increased by 33 p.p. compared to 2022 (it was 4.12% in 2022, and imports of commodity group to Madagascar accounted for $3.48 million).
Top trading partners (import of "Vanilla") of Madagascar in 2023: