# Madagascar exports to Hong Kong: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Madagascar reported $1.5M in goods exports to Hong Kong. The overall review level is Stable.

## 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 | $1.5M | 2024 route total |
| Exports needing review | 0% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 0 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 51.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 030819 | Aquatic invertebrates: sea cucumbers (Stichopus japonicus, Holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process | $95.7M | 81.6% | Watch |
| 2 | 710310 | Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set | $192.9M | 94.2% | Watch |
| 3 | 740400 | Copper: waste and scrap | $195.1M | 6.8% | Watch |
| 4 | 670420 | Wigs, false beards, eyebrows and eyelashes, switches and the like and other articles n.e.s.: of human hair | $24.7M | 0% | Watch |
| 5 | 030632 | Crustaceans: live, fresh or chilled, lobsters (Homarus spp.), whether in shell or not | $93.7M | 0% | Watch |
| 6 | 253090 | Mineral substances: n.e.c. in chapter 25 | $17.5M | 0% | Watch |
| 7 | 611430 | Garments: of man-made fibres, knitted or crocheted, n.e.c. in chapter 61 | $29.9M | 45.3% | Watch |

## 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.