2022
Exports
$100kWorld Rnk 115 / 209
Flag Rnk 268 / 803
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2022
Imports
$1.63MWorld Rnk 140 / 223
Flag Rnk 356 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $100k in Electrical Ignitions, making it the 115th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 268th most exported product in Madagascar. The main destination of Electrical Ignitions exports from Madagascar are: Belgium ($47.5k), France ($43.8k), Peru ($3.8k), Canada ($3.15k), and South Africa ($1.14k).

The fastest growing export markets for Electrical Ignitions of Madagascar between 2021 and 2022 were Belgium ($47.5k), France ($17.5k), and Peru ($3.8k).

Imports In 2022, Madagascar imported $1.63M in Electrical Ignitions, becoming the 140th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 356th most imported product in Madagascar. Madagascar imports Electrical Ignitions primarily from: Belgium ($412k), China ($371k), France ($245k), Hong Kong ($114k), and United Arab Emirates ($78.6k).

The fastest growing import markets in Electrical Ignitions for Madagascar between 2021 and 2022 were Belgium ($260k), China ($142k), and France ($103k).

Latest Trends

Jul 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 Electrical Ignitions. 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)$100k
IMPORTS (2022)$1.63M
NET TRADE (2022)-$1.53M

In 2022, Madagascar exported $100k in Electrical Ignitions. The main destinations of Madagascar exports on Electrical Ignitions were Belgium ($47.5k), France ($43.8k), Peru ($3.8k), Canada ($3.15k), and South Africa ($1.14k).

In 2022, Madagascar imported $1.63M in Electrical Ignitions, mainly from Belgium ($412k), China ($371k), France ($245k), Hong Kong ($114k), and United Arab Emirates ($78.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Belgium$47.5k (1%)
France$17.5k (66.3%)
Peru$3.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Madagascar WERE (2021 - 2022):
South Africa-$961 (-45.8%)
Brunei-$491 (-100%)
Comoros-$73 (-62.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $91.1k
TOP IMPORT POTENTIALChina+ $336k

Electrical Ignitions’s highest export potential is France. With an export gap of $91.1k.   Electrical Ignitions’s highest import potential is China with an import gap of $336k.

See methodology.

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