2022
Exports
$6.91kWorld Rnk 168 / 207
Flag Rnk 465 / 803
2022
PRODUCT COMPLEXITY IN Iron Housewares
-0.78Rnk 776 / 1025
2022
Imports
$6.13MWorld Rnk 129 / 223
Flag Rnk 159 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $6.91k in Iron Housewares, making it the 168th largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 465th most exported product in Madagascar. The main destination of Iron Housewares exports from Madagascar are: Turkey ($3.51k), Seychelles ($989), Mauritius ($647), France ($550), and Nigeria ($466).

The fastest growing export markets for Iron Housewares of Madagascar between 2021 and 2022 were Turkey ($1.57k), Seychelles ($989), and Mauritius ($532).

Imports In 2022, Madagascar imported $6.13M in Iron Housewares, becoming the 129th largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 159th most imported product in Madagascar. Madagascar imports Iron Housewares primarily from: China ($4.96M), France ($429k), India ($257k), South Africa ($148k), and Turkey ($111k).

The fastest growing import markets in Iron Housewares for Madagascar between 2021 and 2022 were China ($398k), France ($147k), and South Africa ($90.7k).

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 Iron Housewares. 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)$6.91k
IMPORTS (2022)$6.13M
NET TRADE (2022)-$6.12M

In 2022, Madagascar exported $6.91k in Iron Housewares. The main destinations of Madagascar exports on Iron Housewares were Turkey ($3.51k), Seychelles ($989), Mauritius ($647), France ($550), and Nigeria ($466).

In 2022, Madagascar imported $6.13M in Iron Housewares, mainly from China ($4.96M), France ($429k), India ($257k), South Africa ($148k), and Turkey ($111k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Turkey$1.57k (81%)
Seychelles$989 (1%)
Mauritius$532 (463%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Madagascar WERE (2021 - 2022):
Republic of the Congo-$13.5k (-100%)
France-$2.12k (-79.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Iron Housewares were:
China $12.2B
India $744M
In 2022, Madagascar's main importing competitors in Iron Housewares were:

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.52k
TOP IMPORT POTENTIALChina+ $1.32M

Iron Housewares’s highest export potential is Turkey. With an export gap of $3.52k.   Iron Housewares’s highest import potential is China with an import gap of $1.32M.

See methodology.

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