2022
Exports
$687kWorld Rnk 139 / 220
Flag Rnk 145 / 803
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$35.2MWorld Rnk 123 / 225
Flag Rnk 29 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $687k in Plastic Lids, making it the 139th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 145th most exported product in Madagascar. The main destination of Plastic Lids exports from Madagascar are: Mauritius ($373k), Indonesia ($103k), France ($76k), United States ($49.6k), and Spain ($30k).

The fastest growing export markets for Plastic Lids of Madagascar between 2021 and 2022 were Indonesia ($103k), United States ($31.3k), and Spain ($30k).

Imports In 2022, Madagascar imported $35.2M in Plastic Lids, becoming the 123rd largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 29th most imported product in Madagascar. Madagascar imports Plastic Lids primarily from: Mauritius ($13M), China ($8.92M), France ($2.79M), India ($2.4M), and South Africa ($1.48M).

The fastest growing import markets in Plastic Lids for Madagascar between 2021 and 2022 were China ($2.73M), Mauritius ($2.63M), and India ($655k).

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 Plastic Lids. 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)$687k
IMPORTS (2022)$35.2M
NET TRADE (2022)-$34.5M

In 2022, Madagascar exported $687k in Plastic Lids. The main destinations of Madagascar exports on Plastic Lids were Mauritius ($373k), Indonesia ($103k), France ($76k), United States ($49.6k), and Spain ($30k).

In 2022, Madagascar imported $35.2M in Plastic Lids, mainly from Mauritius ($13M), China ($8.92M), France ($2.79M), India ($2.4M), and South Africa ($1.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Indonesia$103k (1%)
United States$31.3k (171%)
Spain$30k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY Madagascar WERE (2021 - 2022):
Cote d'Ivoire-$18.3k (-100%)
Seychelles-$10.2k (-98.3%)
France-$7.62k (-9.11%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Plastic Lids were:
In 2022, Madagascar's main importing competitors in Plastic Lids were:

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $183k
TOP IMPORT POTENTIALChina+ $3.16M

Plastic Lids’s highest export potential is United States. With an export gap of $183k.   Plastic Lids’s highest import potential is China with an import gap of $3.16M.

See methodology.

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