2022
Exports
$1.39kWorld Rnk 91 / 100
Flag Rnk 598 / 803
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2022
Imports
$552World Rnk 154 / 168
Flag Rnk 1070 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $1.39k in Magnesium, making it the 91st largest exporter of Magnesium in the world. At the same year, Magnesium was the 598th most exported product in Madagascar. The main destination of Magnesium exports from Madagascar are: Chile ($1.39k).

The fastest growing export markets for Magnesium of Madagascar between N/A and 2022 were Chile ($1.39k).

Imports In 2022, Madagascar imported $552 in Magnesium, becoming the 154th largest importer of Magnesium in the world. At the same year, Magnesium was the 1070th most imported product in Madagascar. Madagascar imports Magnesium primarily from: France ($370) and China ($182).

The fastest growing import markets in Magnesium for Madagascar between 2021 and 2022 were China ($182).

Latest Trends

Aug 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 Magnesium. 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)$1.39k
IMPORTS (2022)$552
NET TRADE (2022)$836

In 2022, Madagascar exported $1.39k in Magnesium. The main destinations of Madagascar exports on Magnesium were Chile ($1.39k).

In 2022, Madagascar imported $552 in Magnesium, mainly from France ($370) and China ($182).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Madagascar WERE (N/A - 2022):Chile$1.39k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Madagascar's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $782
TOP IMPORT POTENTIALChina+ $1.11k

Magnesium’s highest export potential is United States. With an export gap of $782.   Magnesium’s highest import potential is China with an import gap of $1.11k.

See methodology.

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