2022
Exports
$1.55kWorld Rnk 174 / 209
Flag Rnk 591 / 803
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$1.31MWorld Rnk 143 / 222
Flag Rnk 393 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $1.55k in Electrical Lighting and Signalling Equipment, making it the 174th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 591st most exported product in Madagascar. The main destination of Electrical Lighting and Signalling Equipment exports from Madagascar are: South Africa ($797), France ($559), Belgium ($125), and Ghana ($67).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Madagascar between 2021 and 2022 were South Africa ($797), France ($559), and Belgium ($125).

Imports In 2022, Madagascar imported $1.31M in Electrical Lighting and Signalling Equipment, becoming the 143rd largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 393rd most imported product in Madagascar. Madagascar imports Electrical Lighting and Signalling Equipment primarily from: China ($662k), United Arab Emirates ($149k), Belgium ($86.1k), France ($79.2k), and South Africa ($63.6k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Madagascar between 2021 and 2022 were China ($251k), Thailand ($22.5k), and India ($16.8k).

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 Electrical Lighting and Signalling Equipment. 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)$1.55k
IMPORTS (2022)$1.31M
NET TRADE (2022)-$1.31M

In 2022, Madagascar exported $1.55k in Electrical Lighting and Signalling Equipment. The main destinations of Madagascar exports on Electrical Lighting and Signalling Equipment were South Africa ($797), France ($559), Belgium ($125), and Ghana ($67).

In 2022, Madagascar imported $1.31M in Electrical Lighting and Signalling Equipment, mainly from China ($662k), United Arab Emirates ($149k), Belgium ($86.1k), France ($79.2k), and South Africa ($63.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
South Africa$797 (1%)
France$559 (1%)
Belgium$125 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Madagascar WERE (2021 - 2022):
Angola-$188 (-100%)
Australia-$21 (-100%)
Kenya-$5 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Madagascar's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.29k
TOP IMPORT POTENTIALChina+ $398k

Electrical Lighting and Signalling Equipment’s highest export potential is France. With an export gap of $2.29k.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $398k.

See methodology.

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