# Madagascar exports to Singapore: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Madagascar reported $13.6M in goods exports to Singapore. 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 | $13.6M | 2024 route total |
| Exports needing review | 72.9% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 3 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 66.7% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 810520 | Cobalt: mattes and other intermediate products of cobalt metallurgy, unwrought cobalt, powders | $20.4M | 77.7% | High attention |
| 2 | 090710 | Spices: cloves (whole fruit, cloves and stems), neither crushed nor ground | $22.0M | 95.7% | High attention |
| 3 | 330129 | Oils, essential: n.e.s. in heading no. 3301 (terpeneless or not), including concretes and absolutes | $61.9M | 60% | Watch |
| 4 | 710391 | Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set | $42.8M | 0% | High attention |
| 5 | 090411 | Spices: pepper (of the genus piper), neither crushed nor ground | $19.7M | 68.6% | Watch |
| 6 | 620520 | Shirts: men's or boys', of cotton (not knitted or crocheted) | $58.5M | 19% | Watch |
| 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 | $36.3M | 60.4% | Watch |
| 8 | 261000 | Chromium ores and concentrates | $64.0M | 0% | Watch |
| 9 | 611430 | Garments: of man-made fibres, knitted or crocheted, n.e.c. in chapter 61 | $22.1M | 0% | Watch |
| 10 | 290219 | Cyclic hydrocarbons: cyclanes, cyclenes and cycloterpenes, excluding cyclohexane | $16.0M | 0% | Stable |

## 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.
