NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $5World Rnk 126 / 127
Flag Rnk 792 / 810
falsefalse Canada
2022 - 2023
FASTEST GROWING MARKETfalseCanada
2023
PRODUCT COMPLEXITY IN Iron Ore-1.87Rnk 987 / 1025
2023
Imports $4.01kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Madagascar-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $5 in Iron Ore, making it the 126th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 792nd most exported product in Madagascar. The main destination of Iron Ore exports from Madagascar are: Canada ($5).

The fastest growing export markets for Iron Ore of Madagascar between 2022 and 2023 were Canada ($5).

Imports In 2018, Madagascar imported $4.01k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Madagascar. Madagascar imports Iron Ore primarily from: N/A.

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$5
IMPORTS (2018)$4.01k
NET TRADE (2023)$5

In 2023, Madagascar exported $5 in Iron Ore. The main destinations of Madagascar exports on Iron Ore were Canada ($5).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):Canada$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Madagascar WERE (2022 - 2023):Australia-$6 (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Madagascar's main exporting competitors in Iron Ore were:
Australia $85.4B
Brazil $34B
Canada $7.23B
In 2023, Madagascar's main importing competitors in Iron Ore were:
China $112B
Japan $9.3B
South Korea $7.07B

Explore Visualizations

Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.35k
TOP IMPORT POTENTIALBrazil+ $661

Iron Ore’s highest export potential is China. With an export gap of $1.35k.   Iron Ore’s highest import potential is Brazil with an import gap of $661.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms