In 2021, Madagascar experienced a significant surge in its import of tapioca starch, solidifying its position as the 68th largest global importer of this versatile product. The total value of tapioca starch imports reached an impressive $333k. However, when considering the overall import landscape in Madagascar during the same year, tapioca starch ranked as the 1118th most imported product.
Madagascar primarily relies on several key suppliers for its tapioca starch imports, including Vietnam, China, India, and Thailand. Vietnam emerged as the largest exporter to Madagascar, contributing $228k worth of tapioca starch, followed by China with $55.7k, India with $48.8k, and Thailand with a modest $272. These figures highlight the crucial role these countries play in meeting Madagascar’s growing demand for tapioca starch.
Between 2020 and 2021, Vietnam, India, and China experienced noteworthy growth as Madagascar’s fastest-growing import markets for tapioca starch. Imports from Vietnam surged by an impressive $94.7k, while those from India increased by $48.8k, and China by $31.8k. These figures indicate the increasing reliance on these countries as key suppliers of tapioca starch for Madagascar.
| Continent | Country | Trade Value (2021) |
| Asia | China | 55,740 |
| Asia | India | 48,802 |
| Asia | Thailand | 272 |
| Asia | Vietnam | 227,792 |
Importing Tapioca Starch from Vietnam: A Reliable Partnership
Vietnam has emerged as a prominent supplier of tapioca starch to the Madagascar market. In 2021, the total value of tapioca starch imports from Vietnam amounted to an impressive $227,792. This significant figure indicates that Vietnam’s tapioca starch holds a strong position in the market and is poised to maintain its presence in Madagascar in the years to come. The reasons behind this sustained importation are primarily attributed to the product’s superior quality and competitive pricing.
Madagascar benefits from Vietnam’s tapioca starch exports, which provide a dependable supply of this vital ingredient. The substantial import value from Vietnam underscores Madagascar’s confidence in Vietnam as a trusted and preferred partner for fulfilling its tapioca starch requirements. With its consistent quality and competitive pricing, Vietnam’s tapioca starch has proven to be a reliable source that meets Madagascar’s demand for this essential product.
Tariffs
Analyzing the impact of tariffs on tapioca starch imports is crucial when examining Madagascar’s import landscape. In 2018, the average tariff for tapioca starch in Madagascar stood at 9.43%. Notably, several countries implemented high import tariffs on this product, including Angola, Benin, Burkina Faso, Botswana, and the Central African Republic. These nations maintained a Most Favored Nation duty rate treatment, resulting in a significant 10% tariff on tapioca starch imports.
The presence of high import tariffs in these countries highlights the trade barriers and cost implications associated with the international trade of tapioca starch. It is essential for stakeholders and policymakers in Madagascar to consider these tariffs when formulating import strategies and engaging in trade negotiations to ensure a balanced and sustainable market for tapioca starch.
Source: BACI and General Statistics Office of Vietnam