2022
Exports | Imports
$597 | $992kWorld Rnk 114 / 120
Flag Rnk 641 / 803
World Rnk 98 / 191
Flag Rnk 440 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 108 / 124
2022
PRODUCT COMPLEXITY IN Knitting Machines
0.76Rnk 263 / 1025

About

Exports In 2022, Madagascar exported $597 in Knitting Machines, making it the 114th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 641st most exported product in Madagascar. The main destination of Knitting Machines exports from Madagascar are: Italy ($517) and Mauritius ($80).

The fastest growing export markets for Knitting Machines of Madagascar between 2021 and 2022 were Italy ($517) and Mauritius ($80).

Imports In 2022, Madagascar imported $992k in Knitting Machines, becoming the 98th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 440th most imported product in Madagascar. Madagascar imports Knitting Machines primarily from: China ($609k), Germany ($192k), Chinese Taipei ($89.4k), Mauritius ($49.6k), and Japan ($37.8k).

The fastest growing import markets in Knitting Machines for Madagascar between 2021 and 2022 were China ($318k), Chinese Taipei ($89.4k), and Mauritius ($19.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Knitting Machines from Madagascar to the United States.

Latest Trends

Feb 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 Knitting Machines. 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)$597
IMPORTS (2022)$992k
NET TRADE (2022)-$991k

In 2022, Madagascar exported $597 in Knitting Machines. The main destinations of Madagascar exports on Knitting Machines were Italy ($517) and Mauritius ($80).

In 2022, Madagascar imported $992k in Knitting Machines, mainly from China ($609k), Germany ($192k), Chinese Taipei ($89.4k), Mauritius ($49.6k), and Japan ($37.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Italy$517 (1%)
Mauritius$80 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Madagascar WERE (2021 - 2022):
Bangladesh-$117k (-100%)
Kenya-$57.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Madagascar's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

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