The value of exports of commodity group 31 "Fertilizers" from Madagascar totalled $ 15.3 million in 2023. Sales of commodity group 31 from Madagascar decreased by 45% in value terms compared to 2022. exports of commodity group 31 "Fertilizers" decreased by $ 12.9 million (cumulative exports of commodity group 31 from Madagascar amounted $28 million in 2022)
Exports of commodity group 31 "Fertilizers" amounted to 0.469% of total exports from Madagascar (cumulative merchandise exports from Madagascar totalled $ 3.28 billion in 2023). The share of commodity group 31 in total exports from Madagascar decreased by 0.337 p.p. compared to 2022 (it was 0.806% in 2022 and cumulative exports from Madagascar were equal to $ 3.52 billion).
Top export destinations of "Fertilizers" from Madagascar in 2023:
The value of imports of commodity group 31 "Fertilizers" to Madagascar totalled $ 28 million in 2023. Sales of commodity group 31 to Madagascar decreased by 4.91% in value terms compared to 2022. imports of commodity group 31 "Fertilizers" decreased by $ 1.49 million (the value of imports of commodity group 31 to Madagascar was equal to $30 million in 2022)
Imports of commodity group 31 "Fertilizers" accounted for 0.6% of total import flow to Madagascar (in 2023, total imports to Madagascar amounted to $ 4.81 billion). The share of commodity group 31 in total imports to Madagascar increased by 0.044 p.p. compared to 2022 (it was 0.555% in 2022 and cumulative imports to Madagascar were equal to $ 5.46 billion).
Top trading partners (import of "Fertilizers") of Madagascar in 2023: