2022
Exports
$21.4MWorld Rnk 42 / 210
Flag Rnk 29 / 803
2022
PRODUCT COMPLEXITY IN Other Knit Garments
-1.33Rnk 917 / 1025
2022
Imports
$530kWorld Rnk 151 / 217
Flag Rnk 531 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $21.4M in Other Knit Garments, making it the 42nd largest exporter of Other Knit Garments in the world. At the same year, Other Knit Garments was the 29th most exported product in Madagascar. The main destination of Other Knit Garments exports from Madagascar are: United States ($10.2M), United Kingdom ($6.27M), Germany ($1.24M), Kuwait ($914k), and South Africa ($575k).

The fastest growing export markets for Other Knit Garments of Madagascar between 2021 and 2022 were United Kingdom ($4.69M), United States ($3.46M), and Germany ($781k).

Imports In 2022, Madagascar imported $530k in Other Knit Garments, becoming the 151st largest importer of Other Knit Garments in the world. At the same year, Other Knit Garments was the 531st most imported product in Madagascar. Madagascar imports Other Knit Garments primarily from: China ($293k), France ($214k), United Arab Emirates ($6.42k), Mauritius ($4.46k), and Italy ($3.77k).

The fastest growing import markets in Other Knit Garments for Madagascar between 2021 and 2022 were China ($169k), France ($60.8k), and Germany ($1.46k).

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 Other Knit Garments. 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)$21.4M
IMPORTS (2022)$530k
NET TRADE (2022)$20.9M

In 2022, Madagascar exported $21.4M in Other Knit Garments. The main destinations of Madagascar exports on Other Knit Garments were United States ($10.2M), United Kingdom ($6.27M), Germany ($1.24M), Kuwait ($914k), and South Africa ($575k).

In 2022, Madagascar imported $530k in Other Knit Garments, mainly from China ($293k), France ($214k), United Arab Emirates ($6.42k), Mauritius ($4.46k), and Italy ($3.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Garments EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United Kingdom$4.69M (297%)
United States$3.46M (51.5%)
Germany$781k (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Garments BY Madagascar WERE (2021 - 2022):
New Zealand-$329k (-83.5%)
Hong Kong-$121k (-62.7%)
Austria-$75.6k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Other Knit Garments were:
In 2022, Madagascar's main importing competitors in Other Knit Garments were:

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Trade Value of Other Knit Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.45M
TOP IMPORT POTENTIALChina+ $221k

Other Knit Garments’s highest export potential is United States. With an export gap of $5.45M.   Other Knit Garments’s highest import potential is China with an import gap of $221k.

See methodology.

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