2022
Exports
$9.4kWorld Rnk 190 / 217
Flag Rnk 444 / 803
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$103MWorld Rnk 132 / 224
Flag Rnk 7 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $9.4k in Packaged Medicaments, making it the 190th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 444th most exported product in Madagascar. The main destination of Packaged Medicaments exports from Madagascar are: Lesotho ($5.15k), France ($2.86k), Canada ($477), Benin ($436), and Belgium ($405).

The fastest growing export markets for Packaged Medicaments of Madagascar between 2021 and 2022 were Lesotho ($5.15k), France ($2.28k), and Benin ($436).

Imports In 2022, Madagascar imported $103M in Packaged Medicaments, becoming the 132nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Madagascar. Madagascar imports Packaged Medicaments primarily from: France ($37.5M), India ($27.8M), China ($26.5M), Mauritius ($4.59M), and Germany ($1.27M).

The fastest growing import markets in Packaged Medicaments for Madagascar between 2021 and 2022 were India ($4.71M), China ($4.32M), and France ($1.4M).

Latest Trends

Sep 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 Packaged Medicaments. 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)$9.4k
IMPORTS (2022)$103M
NET TRADE (2022)-$103M

In 2022, Madagascar exported $9.4k in Packaged Medicaments. The main destinations of Madagascar exports on Packaged Medicaments were Lesotho ($5.15k), France ($2.86k), Canada ($477), Benin ($436), and Belgium ($405).

In 2022, Madagascar imported $103M in Packaged Medicaments, mainly from France ($37.5M), India ($27.8M), China ($26.5M), Mauritius ($4.59M), and Germany ($1.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Lesotho$5.15k (1%)
France$2.28k (397%)
Benin$436 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Madagascar WERE (2021 - 2022):
Canada-$7.11k (-93.7%)
Netherlands-$28 (-100%)
Kenya-$1 (-33.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Packaged Medicaments were:
In 2022, Madagascar's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11.5k
TOP IMPORT POTENTIALIndia+ $10.5M

Packaged Medicaments’s highest export potential is France. With an export gap of $11.5k.   Packaged Medicaments’s highest import potential is India with an import gap of $10.5M.

See methodology.

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