Canada / Madagascar

Overview In June 2024, Canada exported C$266k and imported C$4.21M from Madagascar, resulting in a negative trade balance of C$3.94M. Between June 2023 and June 2024 the exports of Canada have decreased by C$-1.05M (-79.7%) from C$1.31M to C$266k, while imports decreased by C$-6.96M (-62.3%) from C$11.2M to C$4.21M.

Trade In June 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 June 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 June 2024 the exports of Canada were mainly from Quebec (C$170k), Ontario (C$87.3k), and Alberta (C$8.87k), while imports destinations were mainly Quebec (C$2.04M), Ontario (C$1.93M), British Columbia (C$147k), Manitoba (C$44.1k), and Alberta (C$37.7k).

Growth In June 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 June 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%).