2023
Exports
$48.3MWorld Rnk 3 / 103
Flag Rnk 19 / 810
2023
PRODUCT COMPLEXITY IN Graphite
-0.86Rnk 798 / 1025
2023
Imports
$6.07kWorld Rnk 129 / 165
Flag Rnk 979 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $48.3M in Graphite, making it the 3rd largest exporter of Graphite in the world. At the same year, Graphite was the 19th most exported product in Madagascar. The main destination of Graphite exports from Madagascar are: China ($11.3M), India ($11M), Germany ($6.5M), United States ($6.43M), and Belgium ($2.21M).

The fastest growing export markets for Graphite of Madagascar between 2022 and 2023 were Spain ($456k), Belgium ($367k), and Netherlands ($235k).

Imports In 2023, Madagascar imported $6.07k in Graphite, becoming the 129th largest importer of Graphite in the world. At the same year, Graphite was the 979th most imported product in Madagascar. Madagascar imports Graphite primarily from: Canada ($4.86k) and South Africa ($1.21k).

The fastest growing import markets in Graphite for Madagascar between N/A and 2023 were Canada ($4.86k) and South Africa ($1.21k).

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 Graphite. 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 (2023)$48.3M
IMPORTS (2023)$6.07k
NET TRADE (2023)$48.3M

In 2023, Madagascar exported $48.3M in Graphite. The main destinations of Madagascar exports on Graphite were China ($11.3M), India ($11M), Germany ($6.5M), United States ($6.43M), and Belgium ($2.21M).

In 2023, Madagascar imported $6.07k in Graphite, mainly from Canada ($4.86k) and South Africa ($1.21k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Graphite EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Spain$456k (26.7%)
Belgium$367k (19.9%)
Netherlands$235k (1.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Graphite BY Madagascar WERE (2022 - 2023):
China-$18.3M (-61.8%)
Turkey-$8.57M (-79.8%)
United States-$4.16M (-39.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Graphite were:
In 2023, Madagascar's main importing competitors in Graphite were:

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Trade Value of Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.14M
TOP IMPORT POTENTIALChina+ $351

Graphite’s highest export potential is United States. With an export gap of $3.14M.   Graphite’s highest import potential is China with an import gap of $351.

See methodology.

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