2022
Exports
$115kWorld Rnk 154 / 222
Flag Rnk 257 / 803
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$26.3MWorld Rnk 145 / 225
Flag Rnk 39 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $115k in Insulated Wire, making it the 154th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 257th most exported product in Madagascar. The main destination of Insulated Wire exports from Madagascar are: United Arab Emirates ($46k), Comoros ($45.1k), France ($10.2k), Canada ($7.13k), and United States ($3.03k).

The fastest growing export markets for Insulated Wire of Madagascar between 2021 and 2022 were United Arab Emirates ($46k), Comoros ($45.1k), and France ($10k).

Imports In 2022, Madagascar imported $26.3M in Insulated Wire, becoming the 145th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 39th most imported product in Madagascar. Madagascar imports Insulated Wire primarily from: France ($7.28M), China ($7.2M), Tunisia ($2.2M), South Africa ($2.03M), and Belgium ($1.2M).

The fastest growing import markets in Insulated Wire for Madagascar between 2021 and 2022 were France ($2M), South Africa ($1.9M), and Tanzania ($1.01M).

Latest Trends

Oct 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 (2022)$115k
IMPORTS (2022)$26.3M
NET TRADE (2022)-$26.2M

In 2022, Madagascar exported $115k in Insulated Wire. The main destinations of Madagascar exports on Insulated Wire were United Arab Emirates ($46k), Comoros ($45.1k), France ($10.2k), Canada ($7.13k), and United States ($3.03k).

In 2022, Madagascar imported $26.3M in Insulated Wire, mainly from France ($7.28M), China ($7.2M), Tunisia ($2.2M), South Africa ($2.03M), and Belgium ($1.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Comoros$45.1k (1%)
France$10k (7.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Madagascar WERE (2021 - 2022):
Poland-$6.15k (-100%)
South Africa-$2.59k (-49.6%)
Netherlands-$968 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Insulated Wire were:
In 2022, 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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