2023
Exports
$922kWorld Rnk 93 / 166
Flag Rnk 133 / 810
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$3.25MWorld Rnk 144 / 218
Flag Rnk 218 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $922k in Cranes, making it the 93rd largest exporter of Cranes in the world. At the same year, Cranes was the 133rd most exported product in Madagascar. The main destination of Cranes exports from Madagascar are: South Africa ($922k).

The fastest growing export markets for Cranes of Madagascar between 2022 and 2023 were South Africa ($922k).

Imports In 2023, Madagascar imported $3.25M in Cranes, becoming the 144th largest importer of Cranes in the world. At the same year, Cranes was the 218th most imported product in Madagascar. Madagascar imports Cranes primarily from: Netherlands ($1.27M), China ($995k), Egypt ($737k), Belgium ($158k), and South Africa ($50.4k).

The fastest growing import markets in Cranes for Madagascar between 2022 and 2023 were Netherlands ($1.26M), Egypt ($737k), and Belgium ($112k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Cranes. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$922k
IMPORTS (2023)$3.25M
NET TRADE (2023)-$2.33M

In 2023, Madagascar exported $922k in Cranes. The main destinations of Madagascar exports on Cranes were South Africa ($922k).

In 2023, Madagascar imported $3.25M in Cranes, mainly from Netherlands ($1.27M), China ($995k), Egypt ($737k), Belgium ($158k), and South Africa ($50.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):South Africa$922k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Madagascar WERE (2022 - 2023):
Gabon-$95.8k (-100%)
Cote d'Ivoire-$60.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Madagascar's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCote d'Ivoire+ $22.5k
TOP IMPORT POTENTIALChina+ $1.28M

Cranes’s highest export potential is Cote d'Ivoire. With an export gap of $22.5k.   Cranes’s highest import potential is China with an import gap of $1.28M.

See methodology.

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