2023
Exports
$4.52kWorld Rnk 151 / 200
Flag Rnk 521 / 810
2023
PRODUCT COMPLEXITY IN Scales
0.99Rnk 177 / 1025
2023
Imports
$965kWorld Rnk 147 / 220
Flag Rnk 400 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $4.52k in Scales, making it the 151st largest exporter of Scales in the world. At the same year, Scales was the 521st most exported product in Madagascar. The main destination of Scales exports from Madagascar are: France ($2.34k), Comoros ($1.52k), Angola ($225), Cote d'Ivoire ($123), and Singapore ($111).

The fastest growing export markets for Scales of Madagascar between 2022 and 2023 were France ($1.87k), Angola ($225), and Cote d'Ivoire ($123).

Imports In 2023, Madagascar imported $965k in Scales, becoming the 147th largest importer of Scales in the world. At the same year, Scales was the 400th most imported product in Madagascar. Madagascar imports Scales primarily from: China ($329k), France ($321k), South Africa ($93.9k), Czechia ($55k), and Denmark ($45.2k).

The fastest growing import markets in Scales for Madagascar between 2022 and 2023 were Czechia ($55k), Poland ($11.9k), and United States ($10.1k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Scales. 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)$4.52k
IMPORTS (2023)$965k
NET TRADE (2023)-$961k

In 2023, Madagascar exported $4.52k in Scales. The main destinations of Madagascar exports on Scales were France ($2.34k), Comoros ($1.52k), Angola ($225), Cote d'Ivoire ($123), and Singapore ($111).

In 2023, Madagascar imported $965k in Scales, mainly from China ($329k), France ($321k), South Africa ($93.9k), Czechia ($55k), and Denmark ($45.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
France$1.87k (394%)
Angola$225 (1%)
Cote d'Ivoire$123 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Madagascar WERE (2022 - 2023):
United Arab Emirates-$2.75k (-100%)
Comoros-$2.3k (-60.2%)
Ghana-$678 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Scales were:
China $1.76B
Japan $285M
In 2023, Madagascar's main importing competitors in Scales were:

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $2.41k
TOP IMPORT POTENTIALChina+ $273k

Scales’s highest export potential is United Arab Emirates. With an export gap of $2.41k.   Scales’s highest import potential is China with an import gap of $273k.

See methodology.

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