2022
Exports
$135World Rnk 141 / 153
Flag Rnk 723 / 803
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$136kWorld Rnk 109 / 191
Flag Rnk 717 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $135 in Pianos, making it the 141st largest exporter of Pianos in the world. At the same year, Pianos was the 723rd most exported product in Madagascar. The main destination of Pianos exports from Madagascar are: South Africa ($135).

The fastest growing export markets for Pianos of Madagascar between 2021 and 2022 were South Africa ($135).

Imports In 2022, Madagascar imported $136k in Pianos, becoming the 109th largest importer of Pianos in the world. At the same year, Pianos was the 717th most imported product in Madagascar. Madagascar imports Pianos primarily from: United Arab Emirates ($103k), France ($9.87k), South Korea ($8.81k), China ($6.65k), and Japan ($6.6k).

The fastest growing import markets in Pianos for Madagascar between 2021 and 2022 were United Arab Emirates ($37.7k), China ($5.39k), and South Korea ($5.33k).

Latest Trends

Oct 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 Pianos. 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)$135
IMPORTS (2022)$136k
NET TRADE (2022)-$136k

In 2022, Madagascar exported $135 in Pianos. The main destinations of Madagascar exports on Pianos were South Africa ($135).

In 2022, Madagascar imported $136k in Pianos, mainly from United Arab Emirates ($103k), France ($9.87k), South Korea ($8.81k), China ($6.65k), and Japan ($6.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):South Africa$135 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Madagascar WERE (2021 - 2022):
China-$728 (-100%)
Uganda-$705 (-100%)
Kenya-$199 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $531
TOP IMPORT POTENTIALJapan+ $9.13k

Pianos’s highest export potential is China. With an export gap of $531.   Pianos’s highest import potential is Japan with an import gap of $9.13k.

See methodology.

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