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2022
Exports $1.55kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment0.95Rnk 194 / 1025
2022
Imports $1.05MWorld Rnk 149 / 221
Flag Rnk 386 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar-1.15Rnk 117 / 132

About

Imports In 2023, Madagascar imported $1.05M in Electrical Lighting and Signalling Equipment, becoming the 149th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 386th most imported product in Madagascar. Madagascar imports Electrical Lighting and Signalling Equipment primarily from: Belgium ($216k), China ($208k), United Arab Emirates ($144k), France ($127k), and South Africa ($96.6k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Madagascar between 2022 and 2023 were Chinese Taipei ($48k), Belgium ($37.1k), and United Kingdom ($18.4k).

Latest Trends

Dec 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 (2023)$1.05M
NET TRADE (2023)-$1.05M

In 2023, Madagascar imported $1.05M in Electrical Lighting and Signalling Equipment, mainly from Belgium ($216k), China ($208k), United Arab Emirates ($144k), France ($127k), and South Africa ($96.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Madagascar WERE (N/A - 2022):
South Africa-$797 (-100%)
France-$559 (-100%)
Belgium-$125 (-100%)
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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 Electrical Lighting and Signalling Equipment were:
China $4.94B
Mexico $4.2B
Germany $2.8B
In 2023, Madagascar's main importing competitors in Electrical Lighting and Signalling Equipment were:
United States $7.44B
Germany $4.75B
Mexico $2.02B

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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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