{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:11.310Z", "seo": { "title": "Finland exports to Madagascar: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Finland to Madagascar, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "FIN", "country_name": "Finland" }, "importer": { "iso3": "MDG", "country_name": "Madagascar" }, "latestYear": 2024, "risk": { "exporter_iso3": "FIN", "importer_iso3": "MDG", "all_history_lane_count": 12, "current_lane_count": 5, "current_product_count": 5, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 317304.0522424037, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 275923.7092883296, "unrecovered_drawdown_trade_usd": 275923.7092883296, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 71185.56244858453, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 4, "unrecovered_drawdown_lane_count": 4, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 2, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.4115873781429715, "trade_weighted_below_peak_pct": 69.18115963562263, "product_concentration_hhi": 3491.778050297593, "top1_product_share_pct": 53.198836778453796, "top3_product_share_pct": 85.7202285923139, "top_product_hs6": "851762", "top_product_trade_usd": 168802.0648438561, "top_product_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 9024.8896484375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.006000000052154064, "has_reported_fta": 1, "avg_applied_tariff_pct": 8.127414714343434, "avg_mfn_tariff_pct": 8.449328033131314, "avg_preferential_tariff_pct": 5.332423830909091, "tariff_advantage_pp": 3.116904202222222, "buyer_biz_entry_days": 8, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 14637.400396, "buyer_gdp_pc_latest": 515, "buyer_population_latest": 28427.334, "buyer_gdp_5y_cagr_pct": 4.3132742329127005, "buyer_gdp_pc_5y_cagr_pct": 1.745400205779224, "buyer_population_5y_cagr_pct": 2.5238232116046477, "buyer_investment_5y_avg_pct": 22.479999999999997, "buyer_savings_5y_avg_pct": 10.228, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 14637.400396, "buyer_gdp_pc_2024": 515, "buyer_population_2024": 28427.334 }, "history": [ { "year": 1995, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 429750.9763559252, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 195066.31137367195, "yoy_growth_pct": -54.60945475267156, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 263581.92555599863, "yoy_growth_pct": 35.12426810136229, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 446862.42384753993, "yoy_growth_pct": 69.53454714504046, "cagr_3y_pct": 1.3100014590084363 }, { "year": 1999, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 411237.51919774077, "yoy_growth_pct": -7.972230992945073, "cagr_3y_pct": 28.2242457066223 }, { "year": 2000, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 676345.8877303165, "yoy_growth_pct": 64.4659974240094, "cagr_3y_pct": 36.904505997221925 }, { "year": 2001, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 840597.2861986149, "yoy_growth_pct": 24.285118228410262, "cagr_3y_pct": 23.444396901748465 }, { "year": 2002, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 89608.43887952343, "yoy_growth_pct": -89.33990861608005, "cagr_3y_pct": -39.82463587471281 }, { "year": 2003, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 769057.6354067951, "yoy_growth_pct": 758.2424211638997, "cagr_3y_pct": 4.375045585312076 }, { "year": 2004, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 787751.488269737, "yoy_growth_pct": 2.430747970281022, "cagr_3y_pct": -2.1410804947517015 }, { "year": 2005, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 375219.35323436174, "yoy_growth_pct": -52.36830919119997, "cagr_3y_pct": 61.18035442032279 }, { "year": 2006, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 4718829.017701595, "yoy_growth_pct": 1157.61877073388, "cagr_3y_pct": 83.07334539043534 }, { "year": 2007, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 26720002.55625452, "yoy_growth_pct": 466.24222780737796, "cagr_3y_pct": 223.7047615092655 }, { "year": 2008, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 8456903.511713278, "yoy_growth_pct": -68.349915034968, "cagr_3y_pct": 182.47198489658038 }, { "year": 2009, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 14064206.80220203, "yoy_growth_pct": 66.30444917246989, "cagr_3y_pct": 43.91089278541336 }, { "year": 2010, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 2049682.183065165, "yoy_growth_pct": -85.4262511075687, "cagr_3y_pct": -57.510331424562125 }, { "year": 2011, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 5232024.53652754, "yoy_growth_pct": 155.26028277727383, "cagr_3y_pct": -14.790869795451755 }, { "year": 2012, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 2385905.376244482, "yoy_growth_pct": -54.398046882479036, "cagr_3y_pct": -44.64213604612431 }, { "year": 2013, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1337283.7519604622, "yoy_growth_pct": -43.95067946636658, "cagr_3y_pct": -13.268069330149379 }, { "year": 2014, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1479123.2448600787, "yoy_growth_pct": 10.606536772145736, "cagr_3y_pct": -34.36862090723872 }, { "year": 2015, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1381888.5791611434, "yoy_growth_pct": -6.573804180065701, "cagr_3y_pct": -16.64341051671121 }, { "year": 2016, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 557336.0947509618, "yoy_growth_pct": -59.66852153237383, "cagr_3y_pct": -25.30391028608693 }, { "year": 2017, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 2169915.670592225, "yoy_growth_pct": 289.33700706426043, "cagr_3y_pct": 13.62646560815639 }, { "year": 2018, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 785605.1073065524, "yoy_growth_pct": -63.79559270650639, "cagr_3y_pct": -17.15930059628742 }, { "year": 2019, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1564634.8711669843, "yoy_growth_pct": 99.16302180510715, "cagr_3y_pct": 41.06911604117587 }, { "year": 2020, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 681066.0365849886, "yoy_growth_pct": -56.471247756544315, "cagr_3y_pct": -32.04071686724613 }, { "year": 2021, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1787995.261179944, "yoy_growth_pct": 162.5289127828685, "cagr_3y_pct": 31.538844275113753 }, { "year": 2022, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1905693.0839604174, "yoy_growth_pct": 6.582669727144674, "cagr_3y_pct": 6.793950192913711 }, { "year": 2023, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 1895719.218245969, "yoy_growth_pct": -0.5233720895770233, "cagr_3y_pct": 40.667875964265754 }, { "year": 2024, "exporter_iso3": "FIN", "importer_iso3": "MDG", "export_value_usd": 2614248.920890416, "yoy_growth_pct": 37.90274929581994, "cagr_3y_pct": 13.499389277648376 } ], "riskLanes": [ { "exporter_iso3": "FIN", "importer_iso3": "MDG", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "buyer_imports_latest_usd": 22611105.404460113, "current_below_peak_pct": 73.74122457351123, "lane_volatility_cv": 1.3579368526172184, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "FIN", "importer_iso3": "MDG", "hs_code": "848180", "hs_description": "Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves", "buyer_imports_latest_usd": 13498564.741736589, "current_below_peak_pct": 91.56606785686364, "lane_volatility_cv": 1.7325845477213562, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "FIN", "importer_iso3": "MDG", "hs_code": "850440", "hs_description": "Electrical static converters", "buyer_imports_latest_usd": 14670199.555753905, "current_below_peak_pct": 2.652820566613116, "lane_volatility_cv": 0.8335214863430865, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "FIN", "importer_iso3": "MDG", "hs_code": "840999", "hs_description": "Engines: parts for internal combustion piston engines (excluding spark-ignition)", "buyer_imports_latest_usd": 17990837.617418345, "current_below_peak_pct": 94.06864358136082, "lane_volatility_cv": 1.9798595808370305, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "FIN", "importer_iso3": "MDG", "hs_code": "841391", "hs_description": "Pumps: parts thereof", "buyer_imports_latest_usd": 12099892.370794907, "current_below_peak_pct": 60.00988863873867, "lane_volatility_cv": 1.1663862143316355, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "FIN", "importer_iso3": "MDG", "distance_km": 9000, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 1, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 1, "importer_is_eu": 0, "importer_gdp_million_usd": 14637.400396000001, "importer_gdp_per_capita_usd": 514.9058436503402, "importer_population": 28427.334, "importer_biz_entry_days": 8, "importer_biz_entry_cost_pct": 30.2, "exporter_gdp_million_usd": 299155.23758899997, "exporter_gdp_per_capita_usd": 53982.61427350038, "avg_applied_tariff_pct": 8.127414714343434, "avg_mfn_tariff_pct": 8.449328033131314, "avg_preferential_tariff_pct": 5.332423830909091, "tariff_advantage_pp": 3.116904202222222 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/FIN-MDG/risk", "html": "https://www.yugalinks.com/trade/corridor/FIN-MDG/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/FIN-MDG/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/FIN-MDG/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/FIN-MDG/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }