2022
Exports
$54.6MWorld Rnk 26 / 200
Flag Rnk 15 / 803
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 957 / 1025
2022
Imports
$152kWorld Rnk 173 / 222
Flag Rnk 704 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $54.6M in Knit Men's Shirts, making it the 26th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 15th most exported product in Madagascar. The main destination of Knit Men's Shirts exports from Madagascar are: United States ($39.2M), South Africa ($10.4M), France ($1.92M), United Arab Emirates ($615k), and Germany ($386k).

The fastest growing export markets for Knit Men's Shirts of Madagascar between 2021 and 2022 were United States ($15.9M), South Africa ($4.04M), and United Arab Emirates ($532k).

Imports In 2022, Madagascar imported $152k in Knit Men's Shirts, becoming the 173rd largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 704th most imported product in Madagascar. Madagascar imports Knit Men's Shirts primarily from: China ($89.7k), Germany ($26.4k), France ($16.3k), Mauritius ($13.3k), and Italy ($4.61k).

The fastest growing import markets in Knit Men's Shirts for Madagascar between 2021 and 2022 were China ($48.8k), Mauritius ($11.7k), and France ($5.09k).

COMPANIES In 2023, leading companies such as ASOS (2) were at the forefront of shipping Knit Men's Shirts from Madagascar to the United States.

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 Men's Shirts. 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)$54.6M
IMPORTS (2022)$152k
NET TRADE (2022)$54.5M

In 2022, Madagascar exported $54.6M in Knit Men's Shirts. The main destinations of Madagascar exports on Knit Men's Shirts were United States ($39.2M), South Africa ($10.4M), France ($1.92M), United Arab Emirates ($615k), and Germany ($386k).

In 2022, Madagascar imported $152k in Knit Men's Shirts, mainly from China ($89.7k), Germany ($26.4k), France ($16.3k), Mauritius ($13.3k), and Italy ($4.61k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$15.9M (68.3%)
South Africa$4.04M (63.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Madagascar WERE (2021 - 2022):
Mexico-$179k (-100%)
Italy-$61.5k (-84.1%)
France-$53.8k (-2.72%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.9M
TOP IMPORT POTENTIALChina+ $41.3k

Knit Men's Shirts’s highest export potential is United States. With an export gap of $12.9M.   Knit Men's Shirts’s highest import potential is China with an import gap of $41.3k.

See methodology.

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