The following analysis highlights Madagascar’s fastest-growing exported goods and is based on data for 2014. For more recent research statistics, please see the main article Madagascar’s Top 10 Exports.
Eight of the 15 fastest-growing Malagasy export products posted a minimal gain in value of 500% from 2010 to 2014. Increases range from 500% for Madagascar’s tin to 130,209% for its fertilizer shipments.
Overall, Malagasy exports rose 99.4% over the 5-year period.
Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering opportunities at the more micro 8-digit code level.
Fastest-Growing Malagasy Export Products
Listed below in descending order are the fastest-growing Malagasy export products sorted by the percentage increase in a product category’s value from 2010 to 2014. Also shown is each category’s dollar value in 2014.
- Fertilizers: Up by 130,209% (US$14.3 million)
- Meat: Up by 109,000% ($2.2 million)
- Organic chemicals: Up by 4,446% ($2.6 million)
- Inorganic chemicals: Up by 1,288% ($4 million)
- Photo/cinematographic goods: Up by 950% ($21,000)
- Lead: Up by 800% ($9,000)
- Other base metals: Up by 745% ($85.9 million)
- Tin: Up by 500% ($6,000)
- Woodpulp: Up by 443.3% ($326,000)
- Other food preparations: Up by 435.3% ($2.2 million)
- Cotton: Up by 288.5% ($45.3 million)
- Coffee, tea and spices: Up by 263.8% ($248 million)
- Vegetables: Up by 253.6% ($40 million)
- Live trees and plants: Up by 224.7% ($276,000)
- Raw hides excluding furskins: Up by 219.5% ($8.3 million)
Nitrogenous mineral or chemical fertilizers led fertilizers to its first-place finish.
Sales of fresh or chilled beef was the top gainer for the second-place meat category.
Vegetable alkaloids, salts, ethers and other derivatives propelled organic chemicals category to its third-place finish.
Inorganic sulphides and polysulphides also posted significant sales increases for Malagasy exporters.
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on October 15, 2015
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on October 15, 2015