Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
0905. Vanilla | Madagascar | USA | Exports | Value (US$) | 1,869,074.00 | 6,846,558.00 | 21,328,134.00 | 67,096,919.00 | 116,217,316.70 | 282,520,938.27 | 350,050,159.63 | 247,447,966.59 | 239,126,220.69 | 210,833,546.29 | 189,045,947.43 | 82,813,467.38 |
Value Growth, YoY (%) | -43.34 | 266.30 | 211.51 | 214.59 | 73.20 | 143.09 | 23.90 | -29.31 | -3.36 | -11.83 | -10.33 | -56.19 |
The value of exports of commodity group 0905 "Vanilla" from Madagascar to USA totalled $ 82 million in 2023. Sales of commodity group 0905 from Madagascar to USA declined by 56% compared to 2022.exports of commodity group 0905 "Vanilla" decreased by $ 106 million (exports of commodity group 0905 from Madagascar to USA were equal to $189 million in 2022)
Exports of "Vanilla" from Madagascar to USA accounted for 20% of the total merchandise exports in 2023 (total sales of goods from Madagascar to USA were equal to $ 412 million in 2023). The share of commodity group 0905 in overall exports from Madagascar to USA went down by 12.5 p.p. compared to 2022 (it was 32% in 2022 and cumulative exports from Madagascar to USA were equal to $ 580 million).
Exports of commodity group 0905 accounted for 98% of total sales of commodity group "" from Madagascar to USA in 2023 (cumulative exports of commodity group from Madagascar to USA were equal to $84 million in 2023). The share of exports of commodity group 0905 in sales of commodity group from Madagascar to USA went up by 0.113 p.p. compared to 2022 (it was 98% in 2022, and exports of commodity group from Madagascar to USA were $192 million).
The share of USA in total exports of commodity group 0905 "Vanilla" from Madagascar was 30 percent (82 million USD) in 2023 of 271 million USD - the value of overall merchandise exports of commodity group 0905 from Madagascar in 2023. The share of USA in exports of commodity group 0905 "Vanilla" from Madagascar decreased by -4.95 p.p. in value terms compared to 2022 (it was 35 percent in 2022, and overall exports of commodity group 0905 "Vanilla" from Madagascar amounted to 533 million USD).