2022
Exports
$241kWorld Rnk 153 / 226
Flag Rnk 207 / 803
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$35.5MWorld Rnk 138 / 225
Flag Rnk 28 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $241k in Motor vehicles; parts and accessories (8701 to 8705), making it the 153rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 207th most exported product in Madagascar. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Madagascar are: United States ($221k), South Africa ($6.7k), Philippines ($4.03k), Ghana ($3.36k), and France ($2.07k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Madagascar between 2021 and 2022 were United States ($221k), South Africa ($6.57k), and Philippines ($4.03k).

Imports In 2022, Madagascar imported $35.5M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 138th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 28th most imported product in Madagascar. Madagascar imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($15.6M), United Arab Emirates ($8.26M), France ($4.12M), South Africa ($1.17M), and Turkey ($762k).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Madagascar between 2021 and 2022 were China ($4.94M), United Arab Emirates ($1.8M), and France ($607k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$241k
IMPORTS (2022)$35.5M
NET TRADE (2022)-$35.3M

In 2022, Madagascar exported $241k in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Madagascar exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($221k), South Africa ($6.7k), Philippines ($4.03k), Ghana ($3.36k), and France ($2.07k).

In 2022, Madagascar imported $35.5M in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($15.6M), United Arab Emirates ($8.26M), France ($4.12M), South Africa ($1.17M), and Turkey ($762k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$221k (1%)
South Africa$6.57k (4.79k%)
Philippines$4.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Madagascar WERE (2021 - 2022):
United Arab Emirates-$247k (-99.7%)
Iran-$72.6k (-100%)
Germany-$22.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Madagascar's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Madagascar's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Explore Visualizations

Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $640k
TOP IMPORT POTENTIALChina+ $8.54M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $640k.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $8.54M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with