Palm Oil in Madagascar | The Observatory of Economic Complexity

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Exports In 2022, Madagascar exported $1.62M in Palm Oil, making it the 74th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 109th most exported product in Madagascar. The main destination of Palm Oil exports from Madagascar are: Switzerland ($924k), Mauritius ($689k), and France ($1.87k).

The fastest growing export markets for Palm Oil of Madagascar between 2021 and 2022 were Mauritius ($483k) and Switzerland ($164k).

Imports In 2022, Madagascar imported $187M in Palm Oil, becoming the 49th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 3rd most imported product in Madagascar. Madagascar imports Palm Oil primarily from: Malaysia ($165M), Indonesia ($11.9M), Argentina ($9.64M), Singapore ($565k), and Mauritius ($167k).

The fastest growing import markets in Palm Oil for Madagascar between 2021 and 2022 were Malaysia ($29.6M), Argentina ($9.64M), and Indonesia ($1.74M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Madagascar to the United States.

Feb 2024

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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 Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.62M

IMPORTS (2022)$187M

NET TRADE (2022)-$186M

In 2022, Madagascar exported $1.62M in Palm Oil. The main destinations of Madagascar exports on Palm Oil were Switzerland ($924k), Mauritius ($689k), and France ($1.87k).

In 2022, Madagascar imported $187M in Palm Oil, mainly from Malaysia ($165M), Indonesia ($11.9M), Argentina ($9.64M), Singapore ($565k), and Mauritius ($167k).