2022
Exports
$13.3MWorld Rnk 74 / 222
Flag Rnk 38 / 803
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$12MWorld Rnk 142 / 225
Flag Rnk 85 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $13.3M in Other Iron Products, making it the 74th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 38th most exported product in Madagascar. The main destination of Other Iron Products exports from Madagascar are: China ($12.8M), India ($197k), Singapore ($93.1k), United Arab Emirates ($73.6k), and Cameroon ($36.7k).

The fastest growing export markets for Other Iron Products of Madagascar between 2021 and 2022 were China ($12.8M), India ($197k), and Singapore ($87.6k).

Imports In 2022, Madagascar imported $12M in Other Iron Products, becoming the 142nd largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 85th most imported product in Madagascar. Madagascar imports Other Iron Products primarily from: China ($3.22M), Thailand ($1.99M), France ($1.74M), South Africa ($1.73M), and Canada ($821k).

The fastest growing import markets in Other Iron Products for Madagascar between 2021 and 2022 were Thailand ($1.75M), South Africa ($1.03M), and China ($476k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$13.3M
IMPORTS (2022)$12M
NET TRADE (2022)$1.25M

In 2022, Madagascar exported $13.3M in Other Iron Products. The main destinations of Madagascar exports on Other Iron Products were China ($12.8M), India ($197k), Singapore ($93.1k), United Arab Emirates ($73.6k), and Cameroon ($36.7k).

In 2022, Madagascar imported $12M in Other Iron Products, mainly from China ($3.22M), Thailand ($1.99M), France ($1.74M), South Africa ($1.73M), and Canada ($821k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
China$12.8M (51.1M%)
India$197k (1%)
Singapore$87.6k (1.58k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Madagascar WERE (2021 - 2022):
France-$62.2k (-63.5%)
Mauritius-$3.54k (-77%)
Australia-$2.79k (-78.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Madagascar's main exporting competitors in Other Iron Products were:
In 2022, Madagascar's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.37M
TOP IMPORT POTENTIALChina+ $2.21M

Other Iron Products’s highest export potential is China. With an export gap of $4.37M.   Other Iron Products’s highest import potential is China with an import gap of $2.21M.

See methodology.

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