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2022
Exports $6World Rnk 127 / 128
Flag Rnk 795 / 803
falsefalse Australia
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $3.53kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $6 in Iron Ore, making it the 127th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 795th most exported product in Madagascar. The main destination of Iron Ore exports from Madagascar are: Australia ($6).

The fastest growing export markets for Iron Ore of Madagascar between N/A and 2022 were Australia ($6).

Imports In 2018, Madagascar imported $3.53k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Madagascar. Madagascar imports Iron Ore primarily from: N/A.

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 Iron Ore. 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)$6
IMPORTS (2018)$3.53k
NET TRADE (2022)$6

In 2022, Madagascar exported $6 in Iron Ore. The main destinations of Madagascar exports on Iron Ore were Australia ($6).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Madagascar WERE (N/A - 2022):Australia$6 (1%)
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Change in Exports by Market (2020 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Madagascar's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.35k
TOP IMPORT POTENTIALBrazil+ $661

Iron Ore’s highest export potential is China. With an export gap of $1.35k.   Iron Ore’s highest import potential is Brazil with an import gap of $661.

See methodology.

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