Tag: Lychee industry

Madagascar sees revival of its Lychee industry, as economy recovers

JUNE 24 (Reuters) — Lychee farming was once seen as one of the most organized sectors in Madagascar, a key pillar of the Malagasy economy. Madagascar is the fifth largest lychee producer in the world, after China, India, Vietnam and Taiwan. But a 2009 coup plunged the country and its economy in turmoil, reversing previous gains made in the lychee industry. Prior to the political crisis, Madagascar used to export an average of more than […]