2022
Exports
$1.68MWorld Rnk 72 / 214
Flag Rnk 106 / 803
2022
PRODUCT COMPLEXITY IN Leather Apparel
-1.09Rnk 854 / 1025
2022
Imports
$529kWorld Rnk 148 / 224
Flag Rnk 532 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $1.68M in Leather Apparel, making it the 72nd largest exporter of Leather Apparel in the world. At the same year, Leather Apparel was the 106th most exported product in Madagascar. The main destination of Leather Apparel exports from Madagascar are: United States ($1.56M), Canada ($75.5k), Switzerland ($12.1k), France ($9.25k), and Spain ($4.2k).

The fastest growing export markets for Leather Apparel of Madagascar between 2021 and 2022 were United States ($367k), Canada ($58.9k), and Switzerland ($11.9k).

Imports In 2022, Madagascar imported $529k in Leather Apparel, becoming the 148th largest importer of Leather Apparel in the world. At the same year, Leather Apparel was the 532nd most imported product in Madagascar. Madagascar imports Leather Apparel primarily from: China ($275k), France ($61.6k), South Africa ($36.4k), Mauritius ($33.3k), and Hong Kong ($30.7k).

The fastest growing import markets in Leather Apparel for Madagascar between 2021 and 2022 were China ($62.3k), France ($29.2k), and Mauritius ($14.5k).

Latest Trends

Jul 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 Leather Apparel. 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)$1.68M
IMPORTS (2022)$529k
NET TRADE (2022)$1.15M

In 2022, Madagascar exported $1.68M in Leather Apparel. The main destinations of Madagascar exports on Leather Apparel were United States ($1.56M), Canada ($75.5k), Switzerland ($12.1k), France ($9.25k), and Spain ($4.2k).

In 2022, Madagascar imported $529k in Leather Apparel, mainly from China ($275k), France ($61.6k), South Africa ($36.4k), Mauritius ($33.3k), and Hong Kong ($30.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Apparel EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$367k (30.7%)
Canada$58.9k (354%)
Switzerland$11.9k (5.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Apparel BY Madagascar WERE (2021 - 2022):
Nigeria-$1.18M (-100%)
New Zealand-$10k (-86.6%)
Germany-$9.14k (-97.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Leather Apparel were:
Italy $1.33B
China $1.3B
India $849M
In 2022, Madagascar's main importing competitors in Leather Apparel were:

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Trade Value of Leather Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.73M
TOP IMPORT POTENTIALChina+ $148k

Leather Apparel’s highest export potential is United States. With an export gap of $1.73M.   Leather Apparel’s highest import potential is China with an import gap of $148k.

See methodology.

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