2023
Exports
$20.3kWorld Rnk 113 / 168
Flag Rnk 391 / 810
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$176kWorld Rnk 169 / 220
Flag Rnk 642 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $20.3k in Unpackaged Medicaments, making it the 113th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 391st most exported product in Madagascar. The main destination of Unpackaged Medicaments exports from Madagascar are: Comoros ($20.3k), Canada ($13), and Belgium ($8).

The fastest growing export markets for Unpackaged Medicaments of Madagascar between 2022 and 2023 were Comoros ($18.8k) and Belgium ($8).

Imports In 2023, Madagascar imported $176k in Unpackaged Medicaments, becoming the 169th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 642nd most imported product in Madagascar. Madagascar imports Unpackaged Medicaments primarily from: Netherlands ($133k), India ($14.3k), Tunisia ($11.3k), France ($4.69k), and Denmark ($4.07k).

The fastest growing import markets in Unpackaged Medicaments for Madagascar between 2022 and 2023 were Netherlands ($125k), United Kingdom ($3.8k), and China ($3.7k).

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 Unpackaged Medicaments. 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)$20.3k
IMPORTS (2023)$176k
NET TRADE (2023)-$156k

In 2023, Madagascar exported $20.3k in Unpackaged Medicaments. The main destinations of Madagascar exports on Unpackaged Medicaments were Comoros ($20.3k), Canada ($13), and Belgium ($8).

In 2023, Madagascar imported $176k in Unpackaged Medicaments, mainly from Netherlands ($133k), India ($14.3k), Tunisia ($11.3k), France ($4.69k), and Denmark ($4.07k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
Comoros$18.8k (1.29k%)
Belgium$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Madagascar WERE (2022 - 2023):
France-$51 (-100%)
Canada-$11 (-45.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Unpackaged Medicaments were:
In 2023, Madagascar's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $637
TOP IMPORT POTENTIALIndia+ $92k

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $637.   Unpackaged Medicaments’s highest import potential is India with an import gap of $92k.

See methodology.

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