2022
Exports
$41.2MWorld Rnk 54 / 215
Flag Rnk 18 / 803
2022
PRODUCT COMPLEXITY IN Knit Women's Suits
-1.27Rnk 900 / 1025
2022
Imports
$5.5MWorld Rnk 137 / 220
Flag Rnk 173 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $41.2M in Knit Women's Suits, making it the 54th largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 18th most exported product in Madagascar. The main destination of Knit Women's Suits exports from Madagascar are: United States ($20M), South Africa ($9.31M), United Kingdom ($4.26M), France ($3.34M), and Germany ($1.15M).

The fastest growing export markets for Knit Women's Suits of Madagascar between 2021 and 2022 were United States ($7.7M), United Kingdom ($3.29M), and South Africa ($2.53M).

Imports In 2022, Madagascar imported $5.5M in Knit Women's Suits, becoming the 137th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 173rd most imported product in Madagascar. Madagascar imports Knit Women's Suits primarily from: China ($5.35M), Indonesia ($34.4k), France ($21.5k), South Africa ($18.8k), and Mauritius ($14.7k).

The fastest growing import markets in Knit Women's Suits for Madagascar between 2021 and 2022 were South Africa ($18.6k), India ($9.76k), and Mauritius ($5.25k).

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 Women's Suits. 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)$41.2M
IMPORTS (2022)$5.5M
NET TRADE (2022)$35.7M

In 2022, Madagascar exported $41.2M in Knit Women's Suits. The main destinations of Madagascar exports on Knit Women's Suits were United States ($20M), South Africa ($9.31M), United Kingdom ($4.26M), France ($3.34M), and Germany ($1.15M).

In 2022, Madagascar imported $5.5M in Knit Women's Suits, mainly from China ($5.35M), Indonesia ($34.4k), France ($21.5k), South Africa ($18.8k), and Mauritius ($14.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$7.7M (62.4%)
United Kingdom$3.29M (342%)
South Africa$2.53M (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Madagascar WERE (2021 - 2022):
France-$635k (-16%)
Saudi Arabia-$124k (-100%)
Austria-$117k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.9M
TOP IMPORT POTENTIALChina+ $1.49M

Knit Women's Suits’s highest export potential is United States. With an export gap of $18.9M.   Knit Women's Suits’s highest import potential is China with an import gap of $1.49M.

See methodology.

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