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2022
Exports $4.45MWorld Rnk 66 / 190
Flag Rnk 67 / 803
2022
Destination $258k South Africa
2021 - 2022
FASTEST GROWING MARKET $258kFrance
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $677kWorld Rnk 148 / 217
Flag Rnk 493 / 1117
2022
Origin $95.8k China
2021 - 2022
FASTEST GROWING ORIGIN $95.8kChina
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $4.45M in Knit Men's Undergarments, making it the 66th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 67th most exported product in Madagascar. The main destination of Knit Men's Undergarments exports from Madagascar are: South Africa ($2.22M), United States ($1.52M), France ($298k), Germany ($131k), and United Kingdom ($67.2k).

The fastest growing export markets for Knit Men's Undergarments of Madagascar between 2021 and 2022 were France ($258k), Germany ($127k), and Netherlands ($46.3k).

Imports In 2022, Madagascar imported $677k in Knit Men's Undergarments, becoming the 148th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 493rd most imported product in Madagascar. Madagascar imports Knit Men's Undergarments primarily from: China ($590k), France ($75.4k), United States ($4.24k), Bangladesh ($3.21k), and Germany ($3.06k).

The fastest growing import markets in Knit Men's Undergarments for Madagascar between 2021 and 2022 were China ($95.8k), France ($34.2k), and Bangladesh ($3.21k).

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 Knit Men's Undergarments. 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)$4.45M
IMPORTS (2022)$677k
NET TRADE (2022)$3.77M

In 2022, Madagascar exported $4.45M in Knit Men's Undergarments. The main destinations of Madagascar exports on Knit Men's Undergarments were South Africa ($2.22M), United States ($1.52M), France ($298k), Germany ($131k), and United Kingdom ($67.2k).

In 2022, Madagascar imported $677k in Knit Men's Undergarments, mainly from China ($590k), France ($75.4k), United States ($4.24k), Bangladesh ($3.21k), and Germany ($3.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
France$258k (653%)
Germany$127k (2.9k%)
Netherlands$46.3k (42.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Madagascar WERE (2021 - 2022):
United States-$2.45M (-61.7%)
South Africa-$78.7k (-3.42%)
Japan-$12.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Knit Men's Undergarments were:
China $3.23B
Bangladesh $1.2B
Vietnam $715M
In 2022, Madagascar's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.08M
TOP IMPORT POTENTIALChina+ $218k

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $2.08M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $218k.

See methodology.

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