Key Market Indicators
Malagasy imports of iron ore dropped slightly in 2021, down 0.4% from the year before. The country ranked 96th in the world, with imports valued at $2,060. Japan, South Korea and Germany were the top three importers. Malagasy exports of iron ore saw an enormous jump in 2018, up 624,030% from the year before. The country ranked 59th in the world, with exports valued at almost $25,000. Brazil, Canada and South Africa were the top three exporters.