2022
Exports
$47.5kWorld Rnk 146 / 181
Flag Rnk 321 / 803
2022
PRODUCT COMPLEXITY IN Scrap Plastic
-0.71Rnk 759 / 1025
2022
Imports
$221kWorld Rnk 110 / 188
Flag Rnk 655 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $47.5k in Scrap Plastic, making it the 146th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 321st most exported product in Madagascar. The main destination of Scrap Plastic exports from Madagascar are: Greece ($31k), Turkey ($15.2k), and Comoros ($1.25k).

The fastest growing export markets for Scrap Plastic of Madagascar between 2021 and 2022 were Greece ($31k).

Imports In 2022, Madagascar imported $221k in Scrap Plastic, becoming the 110th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 655th most imported product in Madagascar. Madagascar imports Scrap Plastic primarily from: China ($198k), Tanzania ($18.8k), Rwanda ($4.72k), and South Africa ($64).

The fastest growing import markets in Scrap Plastic for Madagascar between 2021 and 2022 were China ($37.4k), Tanzania ($16k), and Rwanda ($1.7k).

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 Scrap Plastic. 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)$47.5k
IMPORTS (2022)$221k
NET TRADE (2022)-$174k

In 2022, Madagascar exported $47.5k in Scrap Plastic. The main destinations of Madagascar exports on Scrap Plastic were Greece ($31k), Turkey ($15.2k), and Comoros ($1.25k).

In 2022, Madagascar imported $221k in Scrap Plastic, mainly from China ($198k), Tanzania ($18.8k), Rwanda ($4.72k), and South Africa ($64).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):Greece$31k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY Madagascar WERE (2021 - 2022):
Turkey-$9.48k (-38.5%)
Comoros-$3.91k (-75.7%)
Rwanda-$877 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $20.4k
TOP IMPORT POTENTIALTanzania+ $11.6k

Scrap Plastic’s highest export potential is Turkey. With an export gap of $20.4k.   Scrap Plastic’s highest import potential is Tanzania with an import gap of $11.6k.

See methodology.

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