2022
Exports
$241kWorld Rnk 153 / 226
Flag Rnk 207 / 803
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$35.5MWorld Rnk 138 / 225
Flag Rnk 28 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar
-1.08Rnk 115 / 133

About

Exports In 2022, Madagascar exported $241k in Motor vehicles; parts and accessories (8701 to 8705), making it the 153rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 207th most exported product in Madagascar. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Madagascar are: United States ($221k), South Africa ($6.7k), Philippines ($4.03k), Ghana ($3.36k), and France ($2.07k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Madagascar between 2021 and 2022 were United States ($221k), South Africa ($6.57k), and Philippines ($4.03k).

Imports In 2022, Madagascar imported $35.5M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 138th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 28th most imported product in Madagascar. Madagascar imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($15.6M), United Arab Emirates ($8.26M), France ($4.12M), South Africa ($1.17M), and Turkey ($762k).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Madagascar between 2021 and 2022 were China ($4.94M), United Arab Emirates ($1.8M), and France ($607k).

Latest Trends

Mar 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 Motor vehicles; parts and accessories (8701 to 8705). 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)$241k
IMPORTS (2022)$35.5M
NET TRADE (2022)-$35.3M

In 2022, Madagascar exported $241k in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Madagascar exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($221k), South Africa ($6.7k), Philippines ($4.03k), Ghana ($3.36k), and France ($2.07k).

In 2022, Madagascar imported $35.5M in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($15.6M), United Arab Emirates ($8.26M), France ($4.12M), South Africa ($1.17M), and Turkey ($762k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
United States$221k (1%)
South Africa$6.57k (4.79k%)
Philippines$4.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Madagascar WERE (2021 - 2022):
United Arab Emirates-$247k (-99.7%)
Iran-$72.6k (-100%)
Germany-$22.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Madagascar's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

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