# Madagascar HS 680430 exports | Yugalinks

Explore reported HS 680430 exports from Madagascar: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Madagascar |
| HS6 | 680430 |
| Latest exports | $370.1K |
| Active destinations | 3 |
| Three-year growth | +102.6% |
| Destination HHI | 5,099 |
| Weighted share | 3.8% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $233.4K; share 1%; growth +188.1%

## Price intelligence

- Highest reported market price: United Kingdom at $32.7K / ton.
- Lowest reported market price: France at $1.0K / ton.
- Median reported price: $6.1K / ton.
- Price spread: 523.8%.

## Export history

- 2006: $69.1
- 2008: $3.0
- 2009: $119.2
- 2010: $33.6
- 2011: $10.0K
- 2012: $3.1
- 2013: $7.8K
- 2015: $1.8K
- 2016: $25.6
- 2017: $22.1
- 2019: $14.5K
- 2021: $28.4K
- 2022: $38.5K
- 2023: $932.4K
- 2024: $236.0K

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/mdg/680430",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/680430",
    "exporter": "https://www.yugalinks.com/trade/exporter/mdg/680430",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "680430",
    "exporter_iso3": "MDG",
    "first_data_year": 2000,
    "latest_data_year": 2024,
    "observed_lane_count": 13,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 370077.96210181934,
    "exports_current_2024_usd": 235986.72632860983,
    "exports_avg_3y_usd": 402287.85455972026,
    "exports_avg_5y_usd": 308809.96630066296,
    "exports_avg_10y_usd": 156441.35271681088,
    "exports_cagr_3y_pct": 102.6020934209106,
    "exports_cagr_5y_pct": 74.75877952368492,
    "exports_cagr_10y_pct": 40.54571173650396,
    "exports_all_year_lane_avg_usd": 267199.4220845894,
    "exports_historical_lane_peak_usd": 966810.1599517897,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 50,
    "trend_acceleration_pct": 62.056381684406645,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 233381.06617794093,
    "top_market_share_pct": 63.062675997370235,
    "destination_hhi": 5099.074214286779,
    "weighted_share_latest_pct": 3.7836767622885086,
    "weighted_share_change_1y_pp": 0.9922385661309077,
    "weighted_volatility_cv": 1.3736682714618385,
    "weighted_max_drawdown_pct": 46.41790469001733,
    "limited_history_lane_share_pct": 76.92307692307692,
    "data_freshness_years": 0,
    "coverage_score": 61,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:22",
    "source": "api",
    "product": {
      "hs_code": 680430,
      "hs_description": "Stones: hand sharpening or polishing stones, of natural stone, agglomerated natural or artificial abrasives or ceramics, with or without parts of other materials",
      "hs_chapter": 68,
      "hs_heading": 6804,
      "substitution_elasticity": -7.144659,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Stones: hand sharpening or polishing stones, of natural stone, agglomerated natural or artificial abrasives or ceramics, with or without parts of other materials",
    "hs_chapter": 68,
    "hs_heading": 6804,
    "destinations": [
      {
        "hs_code": 680430,
        "corridor_rank": 18,
        "exporter_iso3": "MDG",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 5,
        "exports_latest_observed_usd": 233381.06617794093,
        "exports_all_year_avg_usd": 213328.16608871054,
        "exports_avg_3y_usd": 348189.69404438004,
        "exports_avg_5y_usd": 263582.63847997185,
        "exports_avg_10y_usd": 213328.16608871054,
        "exports_cagr_3y_pct": 188.082430238888,
        "exports_cagr_5y_pct": 80.11901454029191,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 806718.1860899484,
        "buyer_imports_latest_observed_usd": 23217344.40482679,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 25,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -13.84,
        "buyer_yoy_all_avg_pct": 10.1001,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 1.0052013792301844,
        "market_share_change_1y_pp": -1.9885442070423742,
        "peer_best_share_pct": 39.48469704370604,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 2275.21,
        "distance_km": 14006.814453125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.01994448834218182,
        "tariff_advantage_pp": 0.041489371055858586,
        "volatility_cv": 1.4493495095195204,
        "max_drawdown_pct": 71.07031052453314,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MDG",
      "hs_code": 680430,
      "num_markets": 4,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 32711.864406779663,
      "lowest_price_importer_iso3": "FRA",
      "lowest_price_usd_per_ton": 1000,
      "median_price_across_markets": 6054.273465292347,
      "price_spread_pct": 523.7930626783865,
      "avg_quantity_metric_tons": 4.426374999999999,
      "total_trade_value_usd": 187230
    },
    "history": [
      {
        "year": 2006,
        "export_value_usd": 69.05050847544875,
        "active_destinations": 2,
        "yoy_growth_pct": 466.6507368195325
      },
      {
        "year": 2008,
        "export_value_usd": 2.9840027790714445,
        "active_destinations": 2,
        "yoy_growth_pct": -95.67852164313544
      },
      {
        "year": 2009,
        "export_value_usd": 119.2423287719397,
        "active_destinations": 1,
        "yoy_growth_pct": 3896.0528726131165
      },
      {
        "year": 2010,
        "export_value_usd": 33.571410230546306,
        "active_destinations": 3,
        "yoy_growth_pct": -71.84606290711224
      },
      {
        "year": 2011,
        "export_value_usd": 10002.913018070627,
        "active_destinations": 1,
        "yoy_growth_pct": 29695.92739589197
      },
      {
        "year": 2012,
        "export_value_usd": 3.0752095051349717,
        "active_destinations": 1,
        "yoy_growth_pct": -99.96925686048074
      },
      {
        "year": 2013,
        "export_value_usd": 7847.1433098405605,
        "active_destinations": 1,
        "yoy_growth_pct": 255074.266882872
      },
      {
        "year": 2015,
        "export_value_usd": 1765.7963810435992,
        "active_destinations": 3,
        "yoy_growth_pct": -77.49758974289107
      },
      {
        "year": 2016,
        "export_value_usd": 25.637571511828963,
        "active_destinations": 2,
        "yoy_growth_pct": -98.54810148060916
      },
      {
        "year": 2017,
        "export_value_usd": 22.056351741395343,
        "active_destinations": 1,
        "yoy_growth_pct": -13.96863883453733
      },
      {
        "year": 2019,
        "export_value_usd": 14477.46622753869,
        "active_destinations": 2,
        "yoy_growth_pct": 65538.53531754934
      },
      {
        "year": 2021,
        "export_value_usd": 28376.301523490845,
        "active_destinations": 4,
        "yoy_growth_pct": 96.00323065865021
      },
      {
        "year": 2022,
        "export_value_usd": 38512.32470812192,
        "active_destinations": 3,
        "yoy_growth_pct": 35.720029180829435
      },
      {
        "year": 2023,
        "export_value_usd": 932364.5126424291,
        "active_destinations": 4,
        "yoy_growth_pct": 2320.9510064859865
      },
      {
        "year": 2024,
        "export_value_usd": 235986.72632860983,
        "active_destinations": 3,
        "yoy_growth_pct": -74.68943496575217
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "MDG",
      "exports_usd": 3229198397.677453,
      "imports_usd": 4467407519.202997,
      "trade_balance_usd": -1238209121.5255442,
      "yoy_exports_growth_pct": -12.530658956518614,
      "yoy_imports_growth_pct": -4.801231668307116,
      "exports_cagr_3y_pct": 1.3937046376351958,
      "imports_cagr_3y_pct": 3.274443836645946,
      "export_partner_hhi": 855.4830578316078,
      "export_product_hhi": 411.48894911680173,
      "momentum_score": -8.353349878272471,
      "risk_score": 6.334860034742047,
      "gdp_million_usd": 17420.50149012312,
      "gdp_per_capita_usd": 544.9875010033838,
      "population": 31964956,
      "labor_force": 16195.87,
      "investment_rate_pct": 22.28,
      "savings_rate_pct": 10.21,
      "secondary_education_pct": 29.17,
      "tertiary_education_pct": 2.52,
      "total_factor_productivity": 98.9,
      "trade_openness_pct": 47.782538998001876,
      "exports_gdp_pct": 20.04770674706025,
      "num_active_partners": 270,
      "num_fta_partners": 48,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 41,
      "avg_partner_distance_km": 8415.275720164609,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 17.77777777777778,
      "pct_partners_shared_language": 15.185185185185185,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.12630385158103352,
      "avg_mfn_tariff_pct": 0.13773274389724705,
      "avg_preferential_tariff_pct": 0.0216591658377904,
      "tariff_advantage_pp": 0.11607357805945664,
      "avg_distance_all_partners_km": 8556.830769529228,
      "num_border_partners": 0,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -8.433861122563576,
      "pct_products_high_elasticity": 66.68143553389456,
      "pct_products_low_elasticity": 4.253433761630483,
      "real_market_potential": 61729.10812010355,
      "foreign_market_potential": 9848.131458861211
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "680430",
    "hs_description": "Stones: hand sharpening or polishing stones, of natural stone, agglomerated natural or artificial abrasives or ceramics, with or without parts of other materials",
    "hs_chapter": 68,
    "hs_heading": 6804
  },
  "destinations": [
    {
      "hs_code": 680430,
      "corridor_rank": 18,
      "exporter_iso3": "MDG",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 5,
      "exports_latest_observed_usd": 233381.06617794093,
      "exports_all_year_avg_usd": 213328.16608871054,
      "exports_avg_3y_usd": 348189.69404438004,
      "exports_avg_5y_usd": 263582.63847997185,
      "exports_avg_10y_usd": 213328.16608871054,
      "exports_cagr_3y_pct": 188.082430238888,
      "exports_cagr_5y_pct": 80.11901454029191,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 806718.1860899484,
      "buyer_imports_latest_observed_usd": 23217344.40482679,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 25,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -13.84,
      "buyer_yoy_all_avg_pct": 10.1001,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 1.0052013792301844,
      "market_share_change_1y_pp": -1.9885442070423742,
      "peer_best_share_pct": 39.48469704370604,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 55,
      "buyer_market_hhi": 2275.21,
      "distance_km": 14006.814453125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.01994448834218182,
      "tariff_advantage_pp": 0.041489371055858586,
      "volatility_cv": 1.4493495095195204,
      "max_drawdown_pct": 71.07031052453314,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MDG",
    "hs_code": 680430,
    "num_markets": 4,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 32711.864406779663,
    "lowest_price_importer_iso3": "FRA",
    "lowest_price_usd_per_ton": 1000,
    "median_price_across_markets": 6054.273465292347,
    "price_spread_pct": 523.7930626783865,
    "avg_quantity_metric_tons": 4.426374999999999,
    "total_trade_value_usd": 187230
  },
  "history": [
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      "year": 2006,
      "export_value_usd": 69.05050847544875,
      "active_destinations": 2,
      "yoy_growth_pct": 466.6507368195325
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    {
      "year": 2008,
      "export_value_usd": 2.9840027790714445,
      "active_destinations": 2,
      "yoy_growth_pct": -95.67852164313544
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    {
      "year": 2009,
      "export_value_usd": 119.2423287719397,
      "active_destinations": 1,
      "yoy_growth_pct": 3896.0528726131165
    },
    {
      "year": 2010,
      "export_value_usd": 33.571410230546306,
      "active_destinations": 3,
      "yoy_growth_pct": -71.84606290711224
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    {
      "year": 2011,
      "export_value_usd": 10002.913018070627,
      "active_destinations": 1,
      "yoy_growth_pct": 29695.92739589197
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    {
      "year": 2012,
      "export_value_usd": 3.0752095051349717,
      "active_destinations": 1,
      "yoy_growth_pct": -99.96925686048074
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    {
      "year": 2013,
      "export_value_usd": 7847.1433098405605,
      "active_destinations": 1,
      "yoy_growth_pct": 255074.266882872
    },
    {
      "year": 2015,
      "export_value_usd": 1765.7963810435992,
      "active_destinations": 3,
      "yoy_growth_pct": -77.49758974289107
    },
    {
      "year": 2016,
      "export_value_usd": 25.637571511828963,
      "active_destinations": 2,
      "yoy_growth_pct": -98.54810148060916
    },
    {
      "year": 2017,
      "export_value_usd": 22.056351741395343,
      "active_destinations": 1,
      "yoy_growth_pct": -13.96863883453733
    },
    {
      "year": 2019,
      "export_value_usd": 14477.46622753869,
      "active_destinations": 2,
      "yoy_growth_pct": 65538.53531754934
    },
    {
      "year": 2021,
      "export_value_usd": 28376.301523490845,
      "active_destinations": 4,
      "yoy_growth_pct": 96.00323065865021
    },
    {
      "year": 2022,
      "export_value_usd": 38512.32470812192,
      "active_destinations": 3,
      "yoy_growth_pct": 35.720029180829435
    },
    {
      "year": 2023,
      "export_value_usd": 932364.5126424291,
      "active_destinations": 4,
      "yoy_growth_pct": 2320.9510064859865
    },
    {
      "year": 2024,
      "export_value_usd": 235986.72632860983,
      "active_destinations": 3,
      "yoy_growth_pct": -74.68943496575217
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "MDG",
    "exports_usd": 3229198397.677453,
    "imports_usd": 4467407519.202997,
    "trade_balance_usd": -1238209121.5255442,
    "yoy_exports_growth_pct": -12.530658956518614,
    "yoy_imports_growth_pct": -4.801231668307116,
    "exports_cagr_3y_pct": 1.3937046376351958,
    "imports_cagr_3y_pct": 3.274443836645946,
    "export_partner_hhi": 855.4830578316078,
    "export_product_hhi": 411.48894911680173,
    "momentum_score": -8.353349878272471,
    "risk_score": 6.334860034742047,
    "gdp_million_usd": 17420.50149012312,
    "gdp_per_capita_usd": 544.9875010033838,
    "population": 31964956,
    "labor_force": 16195.87,
    "investment_rate_pct": 22.28,
    "savings_rate_pct": 10.21,
    "secondary_education_pct": 29.17,
    "tertiary_education_pct": 2.52,
    "total_factor_productivity": 98.9,
    "trade_openness_pct": 47.782538998001876,
    "exports_gdp_pct": 20.04770674706025,
    "num_active_partners": 270,
    "num_fta_partners": 48,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
    "num_shared_language_partners": 41,
    "avg_partner_distance_km": 8415.275720164609,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 17.77777777777778,
    "pct_partners_shared_language": 15.185185185185185,
    "pct_partners_shared_border": 0,
    "avg_applied_tariff_pct": 0.12630385158103352,
    "avg_mfn_tariff_pct": 0.13773274389724705,
    "avg_preferential_tariff_pct": 0.0216591658377904,
    "tariff_advantage_pp": 0.11607357805945664,
    "avg_distance_all_partners_km": 8556.830769529228,
    "num_border_partners": 0,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -8.433861122563576,
    "pct_products_high_elasticity": 66.68143553389456,
    "pct_products_low_elasticity": 4.253433761630483,
    "real_market_potential": 61729.10812010355,
    "foreign_market_potential": 9848.131458861211
  }
}
```