2023
Exports
$1.25MWorld Rnk 115 / 163
Flag Rnk 116 / 810
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$16.1MWorld Rnk 122 / 220
Flag Rnk 64 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $1.25M in Petroleum Gas, making it the 115th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 116th most exported product in Madagascar. The main destination of Petroleum Gas exports from Madagascar are: Comoros ($1.24M) and Moldova ($14.8k).

The fastest growing export markets for Petroleum Gas of Madagascar between 2022 and 2023 were Comoros ($88.3k) and Moldova ($14.8k).

Imports In 2023, Madagascar imported $16.1M in Petroleum Gas, becoming the 122nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 64th most imported product in Madagascar. Madagascar imports Petroleum Gas primarily from: Tanzania ($15.8M), United Arab Emirates ($294k), Netherlands ($7.91k), China ($1.8k), and France ($1.35k).

The fastest growing import markets in Petroleum Gas for Madagascar between 2022 and 2023 were United Arab Emirates ($216k), Netherlands ($3.29k), and China ($1.8k).

Latest Trends

Dec 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 Petroleum Gas. 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)$1.25M
IMPORTS (2023)$16.1M
NET TRADE (2023)-$14.8M

In 2023, Madagascar exported $1.25M in Petroleum Gas. The main destinations of Madagascar exports on Petroleum Gas were Comoros ($1.24M) and Moldova ($14.8k).

In 2023, Madagascar imported $16.1M in Petroleum Gas, mainly from Tanzania ($15.8M), United Arab Emirates ($294k), Netherlands ($7.91k), China ($1.8k), and France ($1.35k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Comoros$88.3k (7.69%)
Moldova$14.8k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Petroleum Gas were:
In 2023, Madagascar's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.19k
TOP IMPORT POTENTIALUnited Arab Emirates+ $265k

Petroleum Gas’s highest export potential is China. With an export gap of $1.19k.   Petroleum Gas’s highest import potential is United Arab Emirates with an import gap of $265k.

See methodology.

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