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2022
Exports $1.12kWorld Rnk 111 / 120
Flag Rnk 614 / 803
2022
Destination $1.04k Turkey
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel1.38Rnk 72 / 1025
2022
Imports $549kWorld Rnk 144 / 201
Flag Rnk 523 / 1117
2022
Origin $89k China
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $1.12k in Flat Flat-Rolled Steel, making it the 111th largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 614th most exported product in Madagascar. The main destination of Flat Flat-Rolled Steel exports from Madagascar are: Turkey ($1.04k) and Mauritius ($78).

The fastest growing export markets for Flat Flat-Rolled Steel of Madagascar between N/A and 2022 were Turkey ($1.04k) and Mauritius ($78).

Imports In 2022, Madagascar imported $549k in Flat Flat-Rolled Steel, becoming the 144th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 523rd most imported product in Madagascar. Madagascar imports Flat Flat-Rolled Steel primarily from: China ($244k), France ($153k), India ($67.6k), Belgium ($43.2k), and South Africa ($28.8k).

The fastest growing import markets in Flat Flat-Rolled Steel for Madagascar between 2021 and 2022 were China ($89k), India ($67.6k), and France ($61.7k).

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 Flat Flat-Rolled Steel. 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)$1.12k
IMPORTS (2022)$549k
NET TRADE (2022)-$548k

In 2022, Madagascar exported $1.12k in Flat Flat-Rolled Steel. The main destinations of Madagascar exports on Flat Flat-Rolled Steel were Turkey ($1.04k) and Mauritius ($78).

In 2022, Madagascar imported $549k in Flat Flat-Rolled Steel, mainly from China ($244k), France ($153k), India ($67.6k), Belgium ($43.2k), and South Africa ($28.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Madagascar WERE (N/A - 2022):
Turkey$1.04k (1%)
Mauritius$78 (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, Madagascar's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.24k
TOP IMPORT POTENTIALChina+ $295k

Flat Flat-Rolled Steel’s highest export potential is Turkey. With an export gap of $3.24k.   Flat Flat-Rolled Steel’s highest import potential is China with an import gap of $295k.

See methodology.

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