2014
Exports
$21kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Borates
-0.2Rnk 618 / 1025
2014
Imports
$564kWorld Rnk 71 / 184
Flag Rnk 519 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Imports In 2022, Madagascar imported $564k in Borates, becoming the 71st largest importer of Borates in the world. At the same year, Borates was the 519th most imported product in Madagascar. Madagascar imports Borates primarily from: France ($482k), China ($26.3k), Turkey ($15.3k), Netherlands ($14.6k), and South Africa ($13.4k).

The fastest growing import markets in Borates for Madagascar between 2021 and 2022 were France ($478k), Turkey ($15.3k), and South Africa ($7.37k).

Latest Trends

Sep 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 Borates. 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 (2014)$21k
IMPORTS (2022)$564k
NET TRADE (2022)-$564k

In 2022, Madagascar imported $564k in Borates, mainly from France ($482k), China ($26.3k), Turkey ($15.3k), Netherlands ($14.6k), and South Africa ($13.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Borates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $529
TOP IMPORT POTENTIALTurkey+ $24.5k

Borates’s highest export potential is China. With an export gap of $529.   Borates’s highest import potential is Turkey with an import gap of $24.5k.

See methodology.

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