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2022
Exports $96.5MWorld Rnk 24 / 213
Flag Rnk 10 / 803
2022
Destination $21.5M United States
2021 - 2022
FASTEST GROWING MARKET $21.5MUnited States
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts-1.22Rnk 883 / 1025
2022
Imports $272kWorld Rnk 176 / 219
Flag Rnk 625 / 1117
2022
Origin $51k China
2021 - 2022
FASTEST GROWING ORIGIN $51kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $96.5M in Non-Knit Men's Shirts, making it the 24th largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 10th most exported product in Madagascar. The main destination of Non-Knit Men's Shirts exports from Madagascar are: United States ($53M), France ($13.5M), South Africa ($10.4M), Spain ($9.06M), and Mexico ($2.24M).

The fastest growing export markets for Non-Knit Men's Shirts of Madagascar between 2021 and 2022 were United States ($21.5M), Spain ($7.03M), and France ($7M).

Imports In 2022, Madagascar imported $272k in Non-Knit Men's Shirts, becoming the 176th largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 625th most imported product in Madagascar. Madagascar imports Non-Knit Men's Shirts primarily from: China ($71.8k), United Kingdom ($51.3k), Mauritius ($41.2k), France ($33.3k), and South Africa ($30.8k).

The fastest growing import markets in Non-Knit Men's Shirts for Madagascar between 2021 and 2022 were United Kingdom ($51k), United States ($4.38k), and France ($4.37k).

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 Non-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)$96.5M
IMPORTS (2022)$272k
NET TRADE (2022)$96.2M

In 2022, Madagascar exported $96.5M in Non-Knit Men's Shirts. The main destinations of Madagascar exports on Non-Knit Men's Shirts were United States ($53M), France ($13.5M), South Africa ($10.4M), Spain ($9.06M), and Mexico ($2.24M).

In 2022, Madagascar imported $272k in Non-Knit Men's Shirts, mainly from China ($71.8k), United Kingdom ($51.3k), Mauritius ($41.2k), France ($33.3k), and South Africa ($30.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$21.5M (68.4%)
Spain$7.03M (347%)
France$7M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Madagascar WERE (2021 - 2022):
Russia-$441k (-100%)
Portugal-$277k (-97.2%)
Saudi Arabia-$229k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Non-Knit Men's Shirts were:
Bangladesh $2.59B
China $2.27B
Vietnam $1.14B
In 2022, Madagascar's main importing competitors in Non-Knit Men's Shirts were:
United States $3.66B
Germany $1.06B
Japan $661M

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.3M
TOP IMPORT POTENTIALChina+ $73.5k

Non-Knit Men's Shirts’s highest export potential is United States. With an export gap of $18.3M.   Non-Knit Men's Shirts’s highest import potential is China with an import gap of $73.5k.

See methodology.

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