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2023
Exports $20.4MWorld Rnk 10 / 74
Flag Rnk 31 / 810
falsefalse China
2022 - 2023
FASTEST GROWING MARKETfalseChina
2023
PRODUCT COMPLEXITY IN Chromium Ore-2.49Rnk 1018 / 1025
2023
Imports $2.92kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Madagascar-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $20.4M in Chromium Ore, making it the 10th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 31st most exported product in Madagascar. The main destination of Chromium Ore exports from Madagascar are: China ($20.4M), South Africa ($255), Greece ($76), and India ($20).

The fastest growing export markets for Chromium Ore of Madagascar between 2022 and 2023 were China ($15.8M), South Africa ($127), and Greece ($76).

Imports In 2020, Madagascar imported $2.92k in Chromium Ore, becoming the 0th largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 0th most imported product in Madagascar. Madagascar imports Chromium Ore primarily from: N/A.

Latest Trends

Jan 2025

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 Chromium Ore. 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)$20.4M
IMPORTS (2020)$2.92k
NET TRADE (2023)$20.4M

In 2023, Madagascar exported $20.4M in Chromium Ore. The main destinations of Madagascar exports on Chromium Ore were China ($20.4M), South Africa ($255), Greece ($76), and India ($20).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
China$15.8M (345%)
South Africa$127 (99.2%)
Greece$76 (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Chromium Ore were:
South Africa $6.29B
Turkey $422M
Zimbabwe $217M
In 2023, Madagascar's main importing competitors in Chromium Ore were:
China $4.9B
Mozambique $1.69B
Indonesia $227M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.87M
TOP IMPORT POTENTIALSouth Africa+ $479

Chromium Ore’s highest export potential is China. With an export gap of $2.87M.   Chromium Ore’s highest import potential is South Africa with an import gap of $479.

See methodology.

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