{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:06.142Z",
  "seo": {
    "title": "Madagascar exports to Sweden: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Madagascar to Sweden, 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": "MDG",
    "country_name": "Madagascar"
  },
  "importer": {
    "iso3": "SWE",
    "country_name": "Sweden"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "MDG",
    "importer_iso3": "SWE",
    "all_history_lane_count": 18,
    "current_lane_count": 12,
    "current_product_count": 12,
    "first_observed_last_year": 2002,
    "latest_data_year": 2024,
    "current_trade_usd": 13743054.994851604,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 1799750.0726456856,
    "unrecovered_drawdown_trade_usd": 6693189.983100341,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "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": 2,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.7009623961369037,
    "trade_weighted_below_peak_pct": 50.45943443797841,
    "product_concentration_hhi": 2813.5533047112576,
    "top1_product_share_pct": 48.34191346342151,
    "top3_product_share_pct": 71.4394264776433,
    "top_product_hs6": "750210",
    "top_product_trade_usd": 6643655.75284159,
    "top_product_description": "Nickel: unwrought, not alloyed",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 9106.5869140625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.02199999988079071,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 3.935060322222223,
    "avg_mfn_tariff_pct": 3.935060322222223,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 7.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 627437.8988869999,
    "buyer_gdp_pc_latest": 60239,
    "buyer_population_latest": 10415.811,
    "buyer_gdp_5y_cagr_pct": 2.6041298879049046,
    "buyer_gdp_pc_5y_cagr_pct": 2.033187461230712,
    "buyer_population_5y_cagr_pct": 0.559565412862506,
    "buyer_investment_5y_avg_pct": 24.328000000000003,
    "buyer_savings_5y_avg_pct": 28.238,
    "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"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Current trade remains materially below historical peaks",
    "buyer_gdp_mn_2024": 627437.8988869999,
    "buyer_gdp_pc_2024": 60239,
    "buyer_population_2024": 10415.811
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 7585296.477000463,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 7162843.068446456,
      "yoy_growth_pct": -5.569372401394412,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 9100746.530898761,
      "yoy_growth_pct": 27.054947929671936,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 5370608.395188931,
      "yoy_growth_pct": -40.98716652579327,
      "cagr_3y_pct": -10.871422458318635
    },
    {
      "year": 1999,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 2517475.8338396885,
      "yoy_growth_pct": -53.12494137359038,
      "cagr_3y_pct": -29.428942607326547
    },
    {
      "year": 2000,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 8374666.303366117,
      "yoy_growth_pct": 232.66123911874703,
      "cagr_3y_pct": -2.7334532395479005
    },
    {
      "year": 2001,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 7741369.710671742,
      "yoy_growth_pct": -7.562051665746095,
      "cagr_3y_pct": 12.961757542530616
    },
    {
      "year": 2002,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 5441385.246182387,
      "yoy_growth_pct": -29.71030386675304,
      "cagr_3y_pct": 29.294898079124266
    },
    {
      "year": 2003,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 2613741.508739455,
      "yoy_growth_pct": -51.96551263167359,
      "cagr_3y_pct": -32.16845518550224
    },
    {
      "year": 2004,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 7245523.800860327,
      "yoy_growth_pct": 177.2088891205875,
      "cagr_3y_pct": -2.182327211292434
    },
    {
      "year": 2005,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 7005637.989476453,
      "yoy_growth_pct": -3.3108139311527784,
      "cagr_3y_pct": 8.787602487435976
    },
    {
      "year": 2006,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 5976673.6582498215,
      "yoy_growth_pct": -14.687660606675568,
      "cagr_3y_pct": 31.744442085151015
    },
    {
      "year": 2007,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 14264691.594646886,
      "yoy_growth_pct": 138.67275361365614,
      "cagr_3y_pct": 25.332643462660755
    },
    {
      "year": 2008,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 3168850.4631200675,
      "yoy_growth_pct": -77.78535594622149,
      "cagr_3y_pct": -23.237103923690693
    },
    {
      "year": 2009,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 179728.02476884442,
      "yoy_growth_pct": -94.32828948981444,
      "cagr_3y_pct": -68.90298144126929
    },
    {
      "year": 2010,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 51390.55542425216,
      "yoy_growth_pct": -71.40648739096329,
      "cagr_3y_pct": -84.67006518000503
    },
    {
      "year": 2011,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 1072199.9086415288,
      "yoy_growth_pct": 1986.3754045661426,
      "cagr_3y_pct": -30.317347572332675
    },
    {
      "year": 2012,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 564812.4031519635,
      "yoy_growth_pct": -47.322099302584576,
      "cagr_3y_pct": 46.47476432935422
    },
    {
      "year": 2013,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 3257002.858412566,
      "yoy_growth_pct": 476.65214861371686,
      "cagr_3y_pct": 298.69881303621366
    },
    {
      "year": 2014,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 41912337.67628253,
      "yoy_growth_pct": 1186.8376080182572,
      "cagr_3y_pct": 239.38192304467583
    },
    {
      "year": 2015,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 40611317.07650426,
      "yoy_growth_pct": -3.1041470648259684,
      "cagr_3y_pct": 315.82853012193397
    },
    {
      "year": 2016,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 34653120.87515425,
      "yoy_growth_pct": -14.671270547876746,
      "cagr_3y_pct": 119.9419500353871
    },
    {
      "year": 2017,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 36852649.35935518,
      "yoy_growth_pct": 6.347273863515013,
      "cagr_3y_pct": -4.1977717939739145
    },
    {
      "year": 2018,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 32010664.656154636,
      "yoy_growth_pct": -13.138769633590508,
      "cagr_3y_pct": -7.626115746256168
    },
    {
      "year": 2019,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 40578546.60730939,
      "yoy_growth_pct": 26.765710875382975,
      "cagr_3y_pct": 5.402613171700654
    },
    {
      "year": 2020,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 19956596.23012598,
      "yoy_growth_pct": -50.81983486680321,
      "cagr_3y_pct": -18.490933648050312
    },
    {
      "year": 2021,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 10125720.503536036,
      "yoy_growth_pct": -49.26128490663903,
      "cagr_3y_pct": -31.863929866000383
    },
    {
      "year": 2022,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 17962015.99706146,
      "yoy_growth_pct": 77.39000390924168,
      "cagr_3y_pct": -23.788671838125776
    },
    {
      "year": 2023,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 41111921.6170903,
      "yoy_growth_pct": 128.88255763615902,
      "cagr_3y_pct": 27.24100832376979
    },
    {
      "year": 2024,
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "export_value_usd": 14208820.363121236,
      "yoy_growth_pct": -65.43868589880117,
      "cagr_3y_pct": 11.955137937412875
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "750210",
      "hs_description": "Nickel: unwrought, not alloyed",
      "buyer_imports_latest_usd": 357353224.8740717,
      "current_below_peak_pct": 83.45320698137866,
      "lane_volatility_cv": 0.6772062249417587,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "620113",
      "hs_description": "Coats: men's or boys', overcoats, raincoats, car-coats, capes, cloaks and similar articles, of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 24521147.722975995,
      "current_below_peak_pct": 37.023528510817115,
      "lane_volatility_cv": 0.2821205216077279,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "620199",
      "hs_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of textile materials (other than wool or fine animal hair, cotton or man-made fibres), other than those of heading no. 6203 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 11600848.703083023,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3221159329751933,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "621020",
      "hs_description": "Garments: overcoats, raincoats, car-coats, capes, cloaks and similar articles, men's or boys', of the fabrics of heading no. 5602, 5603, 5903, 5906 or 5907 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 36377127.78338587,
      "current_below_peak_pct": 35.341322158062425,
      "lane_volatility_cv": 0.6637869523859308,
      "attention_level": "Watch",
      "primary_risk_reason": "The lane has limited historical coverage",
      "risk_driver_labels": [
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "750220",
      "hs_description": "Nickel: unwrought, alloys",
      "buyer_imports_latest_usd": 53371225.502422094,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.5653592564660955,
      "attention_level": "Watch",
      "primary_risk_reason": "The lane has limited historical coverage",
      "risk_driver_labels": [
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "620343",
      "hs_description": "Trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted)",
      "buyer_imports_latest_usd": 139619560.14669538,
      "current_below_peak_pct": 13.98407005036654,
      "lane_volatility_cv": 0.7346499204560479,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "620193",
      "hs_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 101551636.13811621,
      "current_below_peak_pct": 32.737950578320834,
      "lane_volatility_cv": 0.26907778330455434,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "621133",
      "hs_description": "Track suits and other garments n.e.s.: men's or boys', of man-made fibres (not knitted or crocheted)",
      "buyer_imports_latest_usd": 27980303.098135546,
      "current_below_peak_pct": 49.33361879686306,
      "lane_volatility_cv": 1.294362887274942,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "620293",
      "hs_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 92777248.83716135,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8868190732662162,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "MDG",
      "importer_iso3": "SWE",
      "hs_code": "620333",
      "hs_description": "Jackets and blazers: men's or boys', of synthetic fibres (not knitted or crocheted)",
      "buyer_imports_latest_usd": 34263190.23993366,
      "current_below_peak_pct": 96.13685900495122,
      "lane_volatility_cv": 1.5897803654081604,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "MDG",
    "importer_iso3": "SWE",
    "distance_km": 9078,
    "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": 0,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 627437.8988869999,
    "importer_gdp_per_capita_usd": 60238.98656446434,
    "importer_population": 10415.811,
    "importer_biz_entry_days": 7.5,
    "importer_biz_entry_cost_pct": 0.5,
    "exporter_gdp_million_usd": 14637.400396000001,
    "exporter_gdp_per_capita_usd": 514.9058436503402,
    "avg_applied_tariff_pct": 3.935060322222223,
    "avg_mfn_tariff_pct": 3.935060322222223,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "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/MDG-SWE/risk",
    "html": "https://www.yugalinks.com/trade/corridor/MDG-SWE/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/MDG-SWE/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/MDG-SWE/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/MDG-SWE/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"
  }
}