2022
Exports
$1.26kWorld Rnk 167 / 209
Flag Rnk 606 / 803
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$4.5MWorld Rnk 127 / 223
Flag Rnk 204 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $1.26k in Padlocks, making it the 167th largest exporter of Padlocks in the world. At the same year, Padlocks was the 606th most exported product in Madagascar. The main destination of Padlocks exports from Madagascar are: France ($805), South Africa ($223), Mauritius ($209), United Arab Emirates ($21), and Ghana ($2).

The fastest growing export markets for Padlocks of Madagascar between 2021 and 2022 were South Africa ($223), France ($163), and Mauritius ($142).

Imports In 2022, Madagascar imported $4.5M in Padlocks, becoming the 127th largest importer of Padlocks in the world. At the same year, Padlocks was the 204th most imported product in Madagascar. Madagascar imports Padlocks primarily from: China ($3.46M), France ($646k), South Africa ($135k), United States ($74.2k), and Mauritius ($22.5k).

The fastest growing import markets in Padlocks for Madagascar between 2021 and 2022 were China ($964k), France ($183k), and South Africa ($108k).

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 Padlocks. 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)$1.26k
IMPORTS (2022)$4.5M
NET TRADE (2022)-$4.49M

In 2022, Madagascar exported $1.26k in Padlocks. The main destinations of Madagascar exports on Padlocks were France ($805), South Africa ($223), Mauritius ($209), United Arab Emirates ($21), and Ghana ($2).

In 2022, Madagascar imported $4.5M in Padlocks, mainly from China ($3.46M), France ($646k), South Africa ($135k), United States ($74.2k), and Mauritius ($22.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
South Africa$223 (1%)
France$163 (25.4%)
Mauritius$142 (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Madagascar WERE (2021 - 2022):
United Arab Emirates-$301 (-93.5%)
Comoros-$39 (-100%)
Tanzania-$33 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Madagascar's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.19k
TOP IMPORT POTENTIALChina+ $811k

Padlocks’s highest export potential is France. With an export gap of $2.19k.   Padlocks’s highest import potential is China with an import gap of $811k.

See methodology.

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