2022
Exports
$245kWorld Rnk 86 / 167
Flag Rnk 204 / 803
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$349kWorld Rnk 137 / 207
Flag Rnk 593 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $245k in Footwear Parts, making it the 86th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 204th most exported product in Madagascar. The main destination of Footwear Parts exports from Madagascar are: France ($116k), United Kingdom ($60.8k), Singapore ($21.4k), Netherlands ($20.1k), and Chile ($9.18k).

The fastest growing export markets for Footwear Parts of Madagascar between 2021 and 2022 were Singapore ($21.4k), Netherlands ($20.1k), and Chile ($9.18k).

Imports In 2022, Madagascar imported $349k in Footwear Parts, becoming the 137th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 593rd most imported product in Madagascar. Madagascar imports Footwear Parts primarily from: China ($198k), Singapore ($86.3k), Turkey ($30.4k), France ($19.4k), and Thailand ($12.1k).

The fastest growing import markets in Footwear Parts for Madagascar between 2021 and 2022 were China ($57.8k), Singapore ($51.8k), and France ($9.68k).

Latest Trends

Aug 2024

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 Footwear Parts. 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 (2022)$245k
IMPORTS (2022)$349k
NET TRADE (2022)-$104k

In 2022, Madagascar exported $245k in Footwear Parts. The main destinations of Madagascar exports on Footwear Parts were France ($116k), United Kingdom ($60.8k), Singapore ($21.4k), Netherlands ($20.1k), and Chile ($9.18k).

In 2022, Madagascar imported $349k in Footwear Parts, mainly from China ($198k), Singapore ($86.3k), Turkey ($30.4k), France ($19.4k), and Thailand ($12.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Singapore$21.4k (1%)
Netherlands$20.1k (1%)
Chile$9.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Madagascar WERE (2021 - 2022):
France-$250k (-68.4%)
Japan-$1.18k (-100%)
Comoros-$969 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Madagascar's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $66.4k
TOP IMPORT POTENTIALChina+ $141k

Footwear Parts’s highest export potential is France. With an export gap of $66.4k.   Footwear Parts’s highest import potential is China with an import gap of $141k.

See methodology.

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