2023
Exports
$21.6kWorld Rnk 183 / 223
Flag Rnk 381 / 810
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$24.1MWorld Rnk 150 / 225
Flag Rnk 38 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $21.6k in Insulated Wire, making it the 183rd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 381st most exported product in Madagascar. The main destination of Insulated Wire exports from Madagascar are: France ($5.25k), Germany ($4.06k), South Africa ($4.02k), Comoros ($3.91k), and Bahrain ($1.78k).

The fastest growing export markets for Insulated Wire of Madagascar between 2022 and 2023 were Germany ($4.04k), France ($3.44k), and South Africa ($2.91k).

Imports In 2023, Madagascar imported $24.1M in Insulated Wire, becoming the 150th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 38th most imported product in Madagascar. Madagascar imports Insulated Wire primarily from: France ($7.26M), China ($4.28M), Tunisia ($3.6M), Belgium ($1.06M), and South Africa ($1.01M).

The fastest growing import markets in Insulated Wire for Madagascar between 2022 and 2023 were Tunisia ($1.28M), Vietnam ($779k), and Poland ($753k).

Latest Trends

Dec 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 Insulated Wire. 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)$21.6k
IMPORTS (2023)$24.1M
NET TRADE (2023)-$24M

In 2023, Madagascar exported $21.6k in Insulated Wire. The main destinations of Madagascar exports on Insulated Wire were France ($5.25k), Germany ($4.06k), South Africa ($4.02k), Comoros ($3.91k), and Bahrain ($1.78k).

In 2023, Madagascar imported $24.1M in Insulated Wire, mainly from France ($7.26M), China ($4.28M), Tunisia ($3.6M), Belgium ($1.06M), and South Africa ($1.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Germany$4.04k (25.3k%)
France$3.44k (190%)
South Africa$2.91k (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Madagascar WERE (2022 - 2023):
Comoros-$41.2k (-91.3%)
Canada-$7.35k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Insulated Wire were:
In 2023, Madagascar's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $46.3k
TOP IMPORT POTENTIALChina+ $4.82M

Insulated Wire’s highest export potential is United Arab Emirates. With an export gap of $46.3k.   Insulated Wire’s highest import potential is China with an import gap of $4.82M.

See methodology.

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