2022
Exports
$5.35MWorld Rnk 27 / 152
Flag Rnk 60 / 803
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$190World Rnk 195 / 197
Flag Rnk 1089 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $5.35M in Granite, making it the 27th largest exporter of Granite in the world. At the same year, Granite was the 60th most exported product in Madagascar. The main destination of Granite exports from Madagascar are: China ($3.23M), Italy ($1.84M), India ($202k), Chinese Taipei ($52.6k), and Thailand ($27.6k).

The fastest growing export markets for Granite of Madagascar between 2021 and 2022 were China ($2.03M), India ($62.6k), and Thailand ($27.6k).

Imports In 2022, Madagascar imported $190 in Granite, becoming the 195th largest importer of Granite in the world. At the same year, Granite was the 1089th most imported product in Madagascar. Madagascar imports Granite primarily from: France ($125) and China ($65).

The fastest growing import markets in Granite for Madagascar between 2021 and 2022 were France ($118) and China ($65).

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 Granite. 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)$5.35M
IMPORTS (2022)$190
NET TRADE (2022)$5.35M

In 2022, Madagascar exported $5.35M in Granite. The main destinations of Madagascar exports on Granite were China ($3.23M), Italy ($1.84M), India ($202k), Chinese Taipei ($52.6k), and Thailand ($27.6k).

In 2022, Madagascar imported $190 in Granite, mainly from France ($125) and China ($65).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
China$2.03M (170%)
India$62.6k (45%)
Thailand$27.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Madagascar WERE (2021 - 2022):
Italy-$735k (-28.6%)
Hong Kong-$45.1k (-100%)
Chinese Taipei-$19.9k (-27.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2M
TOP IMPORT POTENTIALIndia+ $511

Granite’s highest export potential is China. With an export gap of $2M.   Granite’s highest import potential is India with an import gap of $511.

See methodology.

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