# Madagascar to Malaysia HS 711719 new corridor signal

This page reviews a reported new-corridor signal for jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 68/100
- Reported period: 2024
- Buyer market imports: $343.0M
- Buyer market growth: +8.2%
- Current exporter share: 0.0%
- Share gap: 94.5%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $343.0M
- Three-year buyer-import projection: $536.2M
- Supplier countries observed: 68
- Average buyer imports: $50.4M
- Historical buyer-import peak: $343.0M
- Full-history buyer-import CAGR: +16.1%
- Latest buyer-import annual change: +8.2%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 94.5%
- Market concentration: 8,948
- Exporter share: 0.0%
- Share gap to peer benchmark: 94.5%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,417 km
- Trade agreement: Not reported
- Business entry time: 17.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $11.4K
- GDP per-person growth: +12.9%
- Population: 32,776k
- GDP: $372.7B
- GDP five-year CAGR: Not reported
- Investment rate: 23.7%
- Savings rate: 32.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $2.5K | +0.0% |

## Broader route context

Broader Madagascar to Malaysia route exports provide route context only; they are not presented as HS 711719 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $149.4K | +0.0% |
| 1996 | $212.5K | +42.2% |
| 1997 | $516.1K | +142.9% |
| 1998 | $929.2K | +80.0% |
| 1999 | $160.3K | -82.7% |
| 2000 | $759.1K | +373.5% |
| 2001 | $628.6K | -17.2% |
| 2002 | $868.2K | +38.1% |
| 2003 | $389.5K | -55.1% |
| 2004 | $2.9M | +656.4% |
| 2005 | $1.9M | -35.4% |
| 2006 | $223.2K | -88.3% |
| 2007 | $1.0M | +364.9% |
| 2008 | $509.2K | -50.9% |
| 2009 | $1.3M | +154.0% |
| 2010 | $2.1M | +65.2% |
| 2011 | $688.2K | -67.8% |
| 2012 | $4.1M | +497.1% |
| 2013 | $6.5M | +59.2% |
| 2014 | $17.5M | +168.1% |
| 2015 | $6.6M | -62.1% |
| 2016 | $6.9M | +3.1% |
| 2017 | $4.2M | -39.2% |
| 2018 | $5.0M | +21.1% |
| 2019 | $5.6M | +10.5% |
| 2020 | $9.6M | +72.2% |
| 2021 | $11.6M | +20.2% |
| 2022 | $12.8M | +10.9% |
| 2023 | $20.8M | +62.1% |
| 2024 | $22.7M | +9.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Madagascar to Germany | HS 300212 | New corridor | $7.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-deu-300212) |
| Madagascar to USA, Puerto Rico and US Virgin Islands | HS 870850 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-usa-870850) |
| Madagascar to China, Hong Kong SAR | HS 854290 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-hkg-854290) |
| Madagascar to ARE | HS 740311 | New corridor | $3.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-are-740311) |
| Madagascar to BGR | HS 270900 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-bgr-270900) |
| Madagascar to Chile | HS 851712 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-chl-851712) |
| Madagascar to Poland | HS 854231 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-pol-854231) |
| Madagascar to Austria | HS 271121 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mdg-aut-271121) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [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.