# Madagascar exports to Japan: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Madagascar reported $175.8M in goods exports to Japan. The overall review level is Critical 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 | $175.8M | 2024 route total |
| Exports needing review | 97.6% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 5 | High-attention product types |
| Export volatility | 0.7 | Higher means bigger yearly swings |
| Below highest year | 56.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 750210 | Nickel: unwrought, not alloyed | $782.2M | 59.3% | Critical attention |
| 2 | 810520 | Cobalt: mattes and other intermediate products of cobalt metallurgy, unwrought cobalt, powders | $138.0M | 78.5% | Critical attention |
| 3 | 030611 | Crustaceans: frozen, rock lobsters and other sea crawfish (Palinurus spp., Panulirus spp., Jasus spp.), in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water | $16.8M | 0% | High attention |
| 4 | 460219 | Basketwork, wickerwork and other articles: of vegetable materials (not bamboo or rattan), made directly to shape from plaiting materials or made up from goods of heading no. 4601: articles of loofah | $49.4M | 0% | High attention |
| 5 | 071331 | Vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried | $76.1M | 0% | High attention |
| 6 | 250410 | Graphite: natural, in powder or in flakes | $49.6M | 35.2% | High attention |
| 7 | 060290 | Plants, live: n.e.s. in heading no. 0602 | $70.8M | 43.8% | High attention |
| 8 | 710391 | Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set | $58.0M | 70% | Watch |
| 9 | 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 | $65.3M | 0% | Watch |
| 10 | 620520 | Shirts: men's or boys', of cotton (not knitted or crocheted) | $331.8M | 22.4% | 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.