2022
Exports
$165kWorld Rnk 95 / 136
Flag Rnk 225 / 803
falsefalse United States
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$17.8kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $165k in Diamonds, making it the 95th largest exporter of Diamonds in the world. At the same year, Diamonds was the 225th most exported product in Madagascar. The main destination of Diamonds exports from Madagascar are: United States ($155k), Switzerland ($4.4k), Singapore ($2.98k), Italy ($2.38k), and Thailand ($136).

The fastest growing export markets for Diamonds of Madagascar between 2021 and 2022 were United States ($54k), Switzerland ($4.4k), and Singapore ($2.98k).

Imports In 2021, Madagascar imported $17.8k in Diamonds, becoming the 0th largest importer of Diamonds in the world. At the same year, Diamonds was the 0th most imported product in Madagascar. Madagascar imports Diamonds primarily from: N/A.

Latest Trends

Sep 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 Diamonds. 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)$165k
IMPORTS (2021)$17.8k
NET TRADE (2022)$165k

In 2022, Madagascar exported $165k in Diamonds. The main destinations of Madagascar exports on Diamonds were United States ($155k), Switzerland ($4.4k), Singapore ($2.98k), Italy ($2.38k), and Thailand ($136).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$54k (53.4%)
Switzerland$4.4k (1%)
Singapore$2.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Madagascar WERE (2021 - 2022):
Thailand-$12.7k (-98.9%)
South Korea-$376 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $355k
TOP IMPORT POTENTIALIndia+ $758

Diamonds’s highest export potential is United States. With an export gap of $355k.   Diamonds’s highest import potential is India with an import gap of $758.

See methodology.

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