2023
Exports
$148MWorld Rnk 8 / 79
Flag Rnk 8 / 810
2023
PRODUCT COMPLEXITY IN Titanium Ore
-1.98Rnk 997 / 1025
2023
Imports
$30World Rnk 98 / 99
Flag Rnk 1101 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $148M in Titanium Ore, making it the 8th largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 8th most exported product in Madagascar. The main destination of Titanium Ore exports from Madagascar are: Canada ($81.8M), United States ($30.6M), China ($24.4M), Mexico ($11.2M), and Hong Kong ($77.6k).

The fastest growing export markets for Titanium Ore of Madagascar between 2022 and 2023 were Canada ($32.4M), Mexico ($11.2M), and China ($10.9M).

Imports In 2023, Madagascar imported $30 in Titanium Ore, becoming the 98th largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 1101st most imported product in Madagascar. Madagascar imports Titanium Ore primarily from: South Africa ($10), Canada ($10), and Brazil ($10).

The fastest growing import markets in Titanium Ore for Madagascar between N/A and 2023 were South Africa ($10), Canada ($10), and Brazil ($10).

Historical Data

Trade Balance

Color
EXPORTS (2023)$148M
IMPORTS (2023)$30
NET TRADE (2023)$148M

In 2023, Madagascar exported $148M in Titanium Ore. The main destinations of Madagascar exports on Titanium Ore were Canada ($81.8M), United States ($30.6M), China ($24.4M), Mexico ($11.2M), and Hong Kong ($77.6k).

In 2023, Madagascar imported $30 in Titanium Ore, mainly from South Africa ($10), Canada ($10), and Brazil ($10).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Canada$32.4M (65.7%)
Mexico$11.2M (1%)
China$10.9M (81.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium Ore BY Madagascar WERE (2022 - 2023):
United States-$36.6M (-54.5%)
Japan-$10 (-100%)
United Kingdom-$10 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Madagascar's main exporting competitors in Titanium Ore were:
In 2023, Madagascar's main importing competitors in Titanium Ore were:

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.3M
TOP IMPORT POTENTIALMozambique+ $436

Titanium Ore’s highest export potential is China. With an export gap of $14.3M.   Titanium Ore’s highest import potential is Mozambique with an import gap of $436.

See methodology.

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