# Madagascar exports to China: Trade Route Risk | Yugalinks

Understand reported exports from Madagascar to China, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/MDG-CHN/risk

## Route overview

In 2024, Madagascar reported $241.7M in goods exports to China. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $241.7M | 2024 route total |
| Exports needing review | 82.5% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 14 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 20.6% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 261400 | Titanium ores and concentrates | $1.0B | 0% | High attention |
| 2 | 261000 | Chromium ores and concentrates | $4.3B | 15.7% | High attention |
| 3 | 252510 | Mica: crude and rifted into sheets or splittings | $82.3M | 0% | High attention |
| 4 | 261510 | Zirconium ores and concentrates | $1.1B | 20.1% | Watch |
| 5 | 710310 | Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set | $275.3M | 12.6% | High attention |
| 6 | 261220 | Thorium ores and concentrates | $146.7M | 52.5% | Critical attention |
| 7 | 710399 | Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set | $128.0M | 28.1% | High attention |
| 8 | 250410 | Graphite: natural, in powder or in flakes | $18.8M | 73.3% | High attention |
| 9 | 330129 | Oils, essential: n.e.s. in heading no. 3301 (terpeneless or not), including concretes and absolutes | $119.6M | 20.4% | High attention |
| 10 | 810520 | Cobalt: mattes and other intermediate products of cobalt metallurgy, unwrought cobalt, powders | $3.1B | 62.5% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.