2022
Exports
$1.43kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Magnesium
0.96Rnk 189 / 1025
2022
Imports
$7.26kWorld Rnk 142 / 176
Flag Rnk 972 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Imports In 2023, Madagascar imported $7.26k in Magnesium, becoming the 142nd largest importer of Magnesium in the world. At the same year, Magnesium was the 972nd most imported product in Madagascar. Madagascar imports Magnesium primarily from: South Africa ($5.1k), Mauritius ($2.15k), and Italy ($10).

The fastest growing import markets in Magnesium for Madagascar between 2022 and 2023 were South Africa ($5.1k), Mauritius ($2.15k), and Italy ($10).

Latest Trends

Jan 2025

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)$1.43k
IMPORTS (2023)$7.26k
NET TRADE (2023)-$7.26k

In 2023, Madagascar imported $7.26k in Magnesium, mainly from South Africa ($5.1k), Mauritius ($2.15k), and Italy ($10).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Madagascar WERE (N/A - 2022):Chile-$1.43k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Magnesium were:
In 2023, 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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