2022
Exports
$14kWorld Rnk 91 / 123
Flag Rnk 412 / 803
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$754kWorld Rnk 112 / 197
Flag Rnk 476 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $14k in Petroleum Resins, making it the 91st largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 412th most exported product in Madagascar. The main destination of Petroleum Resins exports from Madagascar are: Chile ($14k).

The fastest growing export markets for Petroleum Resins of Madagascar between N/A and 2022 were Chile ($14k).

Imports In 2022, Madagascar imported $754k in Petroleum Resins, becoming the 112th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 476th most imported product in Madagascar. Madagascar imports Petroleum Resins primarily from: France ($552k), South Africa ($66.2k), China ($65.6k), United States ($49.4k), and United Arab Emirates ($12k).

The fastest growing import markets in Petroleum Resins for Madagascar between 2021 and 2022 were France ($534k), South Africa ($66.2k), and United States ($35.3k).

Latest Trends

Jul 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 Resins. 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)$14k
IMPORTS (2022)$754k
NET TRADE (2022)-$740k

In 2022, Madagascar exported $14k in Petroleum Resins. The main destinations of Madagascar exports on Petroleum Resins were Chile ($14k).

In 2022, Madagascar imported $754k in Petroleum Resins, mainly from France ($552k), South Africa ($66.2k), China ($65.6k), United States ($49.4k), and United Arab Emirates ($12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Madagascar WERE (N/A - 2022):Chile$14k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Petroleum Resins were:
In 2022, Madagascar's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.28k
TOP IMPORT POTENTIALChina+ $86.1k

Petroleum Resins’s highest export potential is China. With an export gap of $1.28k.   Petroleum Resins’s highest import potential is China with an import gap of $86.1k.

See methodology.

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