Canada / Madagascar

Overview In August 2024, Canada exported C$114k and imported C$5.05M from Madagascar, resulting in a negative trade balance of C$4.93M. Between August 2023 and August 2024 the exports of Canada have decreased by C$-1.11M (-90.6%) from C$1.22M to C$114k, while imports decreased by C$-7.05M (-58.3%) from C$12.1M to C$5.05M.

Trade In August 2024, the top exports of Canada to Madagascar were Valves (C$634k), Animal Food (C$290k), Computers (C$229k), Liquid Pumps (C$86.3k), and Other Rubber Products (C$85.9k). In August 2024 the top imports of Canada from Madagascar were Titanium Ore (C$10.3M), Vanilla (C$9.46M), Other Fruits (C$302k), Knit Sweaters (C$263k), and Dried Legumes (C$144k).

Origins In August 2024 the exports of Canada were mainly from Ontario (C$108k), Quebec (C$4.37k), and British Columbia (C$2.35k), while imports destinations were mainly Quebec (C$2.64M), Ontario (C$1.95M), Saskatchewan (C$295k), British Columbia (C$106k), and Alberta (C$35.1k).

Growth In August 2024, the decrease in Canada's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in Animal Food (C$-341k or -54%) and Used Clothing (C$-41.2k or -77.4%). In August 2024, the decrease in Canada's year-by-year imports  from Madagascar was explained primarily by an decrease in product imports  in Vanilla (C$-2.07M or -18%), Dried Legumes (C$-296k or -67.3%), and Knit T-shirts (C$-203k or -98.5%).