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Home > Briefs > Global Risk > Dangerous Places > Vanilla, more valuable than silver, brings cash and crime to Madagascar

Vanilla, more valuable than silver, brings cash and crime to Madagascar

“The lush mountains in Madagascar’s northeast produce about 80 percent of the world’s vanilla, one of the most expensive flavors. Its price has soared, reaching more than $600 a kilogram last year, or about $270 a pound — more than silver — compared with $50 a kilogram in 2013. The windfall, however, has come at a cost. Vanilla’s high price, combined with rampant poverty and a corrupt, weak state, has made the crop a favorite target of violent criminal networks.”

Source: Precious as Silver, Vanilla Brings Cash and Crime to Madagascar – The New York Times