2023
Exports
$81.6MWorld Rnk 46 / 222
Flag Rnk 13 / 810
2023
PRODUCT COMPLEXITY IN Non-Knit Women's Suits
-1.24Rnk 887 / 1025
2023
Imports
$3.61MWorld Rnk 151 / 223
Flag Rnk 206 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $81.6M in Non-Knit Women's Suits, making it the 46th largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 13th most exported product in Madagascar. The main destination of Non-Knit Women's Suits exports from Madagascar are: United States ($34.3M), France ($18M), South Africa ($9.45M), United Kingdom ($3.36M), and Germany ($2.09M).

The fastest growing export markets for Non-Knit Women's Suits of Madagascar between 2022 and 2023 were Mexico ($1.43M), Germany ($1.02M), and South Africa ($980k).

Imports In 2023, Madagascar imported $3.61M in Non-Knit Women's Suits, becoming the 151st largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 206th most imported product in Madagascar. Madagascar imports Non-Knit Women's Suits primarily from: China ($3.08M), France ($309k), Germany ($48.8k), United Arab Emirates ($36.8k), and Italy ($31.9k).

The fastest growing import markets in Non-Knit Women's Suits for Madagascar between 2022 and 2023 were Germany ($33.5k), United Arab Emirates ($32.6k), and Italy ($24.8k).

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 Non-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 (2023)$81.6M
IMPORTS (2023)$3.61M
NET TRADE (2023)$77.9M

In 2023, Madagascar exported $81.6M in Non-Knit Women's Suits. The main destinations of Madagascar exports on Non-Knit Women's Suits were United States ($34.3M), France ($18M), South Africa ($9.45M), United Kingdom ($3.36M), and Germany ($2.09M).

In 2023, Madagascar imported $3.61M in Non-Knit Women's Suits, mainly from China ($3.08M), France ($309k), Germany ($48.8k), United Arab Emirates ($36.8k), and Italy ($31.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Mexico$1.43M (718%)
Germany$1.02M (94.8%)
South Africa$980k (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY Madagascar WERE (2022 - 2023):
United States-$19.1M (-35.8%)
South Korea-$572k (-93.5%)
Finland-$337k (-57.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Non-Knit Women's Suits were:
China $20.4B
Turkey $4.56B
In 2023, Madagascar's main importing competitors in Non-Knit Women's Suits were:

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

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $33M
TOP IMPORT POTENTIALChina+ $3.02M

Non-Knit Women's Suits’s highest export potential is United States. With an export gap of $33M.   Non-Knit Women's Suits’s highest import potential is China with an import gap of $3.02M.

See methodology.

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