2022
Exports
$107kWorld Rnk 91 / 185
Flag Rnk 263 / 803
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$283kWorld Rnk 153 / 218
Flag Rnk 619 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $107k in Knit Gloves, making it the 91st largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 263rd most exported product in Madagascar. The main destination of Knit Gloves exports from Madagascar are: Germany ($32.4k), France ($22.1k), United States ($13.9k), Netherlands ($12.7k), and Switzerland ($9.24k).

The fastest growing export markets for Knit Gloves of Madagascar between 2021 and 2022 were Switzerland ($8.98k), United Kingdom ($5.2k), and Chile ($3.38k).

Imports In 2022, Madagascar imported $283k in Knit Gloves, becoming the 153rd largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 619th most imported product in Madagascar. Madagascar imports Knit Gloves primarily from: China ($131k), France ($110k), South Africa ($26.2k), Mauritius ($9.49k), and Italy ($1.3k).

The fastest growing import markets in Knit Gloves for Madagascar between 2021 and 2022 were France ($85.3k), South Africa ($18.2k), and Mauritius ($8.63k).

Latest Trends

Oct 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 Knit Gloves. 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)$107k
IMPORTS (2022)$283k
NET TRADE (2022)-$175k

In 2022, Madagascar exported $107k in Knit Gloves. The main destinations of Madagascar exports on Knit Gloves were Germany ($32.4k), France ($22.1k), United States ($13.9k), Netherlands ($12.7k), and Switzerland ($9.24k).

In 2022, Madagascar imported $283k in Knit Gloves, mainly from China ($131k), France ($110k), South Africa ($26.2k), Mauritius ($9.49k), and Italy ($1.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Switzerland$8.98k (3.38k%)
United Kingdom$5.2k (181%)
Chile$3.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Madagascar WERE (2021 - 2022):
United States-$37.7k (-73.1%)
Germany-$19.8k (-38%)
Italy-$8.74k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $47.9k
TOP IMPORT POTENTIALChina+ $170k

Knit Gloves’s highest export potential is Germany. With an export gap of $47.9k.   Knit Gloves’s highest import potential is China with an import gap of $170k.

See methodology.

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