2022
Exports
$152MWorld Rnk 38 / 221
Flag Rnk 5 / 803
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$6.79MWorld Rnk 137 / 225
Flag Rnk 147 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $152M in Non-Knit Men's Suits, making it the 38th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 5th most exported product in Madagascar. The main destination of Non-Knit Men's Suits exports from Madagascar are: United States ($83.2M), France ($35.6M), South Africa ($11.9M), Sweden ($4.33M), and United Kingdom ($3.3M).

The fastest growing export markets for Non-Knit Men's Suits of Madagascar between 2021 and 2022 were United States ($17.3M), South Africa ($4.21M), and France ($3.82M).

Imports In 2022, Madagascar imported $6.79M in Non-Knit Men's Suits, becoming the 137th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 147th most imported product in Madagascar. Madagascar imports Non-Knit Men's Suits primarily from: China ($5.38M), France ($1.2M), Senegal ($46.4k), South Africa ($42k), and Germany ($41k).

The fastest growing import markets in Non-Knit Men's Suits for Madagascar between 2021 and 2022 were China ($1.59M), United Arab Emirates ($5.64k), and Bangladesh ($2.62k).

Latest Trends

Sep 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 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)$152M
IMPORTS (2022)$6.79M
NET TRADE (2022)$145M

In 2022, Madagascar exported $152M in Non-Knit Men's Suits. The main destinations of Madagascar exports on Non-Knit Men's Suits were United States ($83.2M), France ($35.6M), South Africa ($11.9M), Sweden ($4.33M), and United Kingdom ($3.3M).

In 2022, Madagascar imported $6.79M in Non-Knit Men's Suits, mainly from China ($5.38M), France ($1.2M), Senegal ($46.4k), South Africa ($42k), and Germany ($41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$17.3M (26.3%)
South Africa$4.21M (55.1%)
France$3.82M (12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Madagascar WERE (2021 - 2022):
Spain-$422k (-24.6%)
Portugal-$379k (-13.1%)
Norway-$379k (-91.5%)

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 Suits were:
In 2022, Madagascar's main importing competitors in Non-Knit Men's Suits were:

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

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $39.8M
TOP IMPORT POTENTIALChina+ $1.33M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $39.8M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $1.33M.

See methodology.

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