2023
Exports
$4.93kWorld Rnk 148 / 205
Flag Rnk 513 / 810
2023
PRODUCT COMPLEXITY IN Rubber Belting
0.51Rnk 368 / 1025
2023
Imports
$2.46MWorld Rnk 133 / 225
Flag Rnk 257 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $4.93k in Rubber Belting, making it the 148th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 513th most exported product in Madagascar. The main destination of Rubber Belting exports from Madagascar are: Belgium ($4.93k) and Bosnia and Herzegovina ($5).

The fastest growing export markets for Rubber Belting of Madagascar between 2022 and 2023 were Belgium ($4.93k) and Bosnia and Herzegovina ($5).

Imports In 2023, Madagascar imported $2.46M in Rubber Belting, becoming the 133rd largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 257th most imported product in Madagascar. Madagascar imports Rubber Belting primarily from: South Africa ($821k), France ($366k), China ($339k), India ($219k), and Belgium ($119k).

The fastest growing import markets in Rubber Belting for Madagascar between 2022 and 2023 were South Africa ($376k), Hong Kong ($89k), and Netherlands ($39.5k).

Latest Trends

Dec 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 Rubber Belting. 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 (2023)$4.93k
IMPORTS (2023)$2.46M
NET TRADE (2023)-$2.45M

In 2023, Madagascar exported $4.93k in Rubber Belting. The main destinations of Madagascar exports on Rubber Belting were Belgium ($4.93k) and Bosnia and Herzegovina ($5).

In 2023, Madagascar imported $2.46M in Rubber Belting, mainly from South Africa ($821k), France ($366k), China ($339k), India ($219k), and Belgium ($119k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Madagascar WERE (2022 - 2023):
Ghana-$32 (-100%)
South Africa-$24 (-100%)
Mauritius-$16 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Rubber Belting were:
In 2023, Madagascar's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $603
TOP IMPORT POTENTIALChina+ $377k

Rubber Belting’s highest export potential is United States. With an export gap of $603.   Rubber Belting’s highest import potential is China with an import gap of $377k.

See methodology.

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