2022
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GDP
$15BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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GDP PC 
$505CURRENT US$
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2012-2022
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GDP PC GROWTH
0.17%CURRENT US$
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2022
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GDP PC
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
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About

Madagascar-China In 2022, Madagascar exported $538M to China. The main products that Madagascar exported to China are Raw Nickel ($263M), Precious Stones ($68.2M), and Uranium and Thorium Ore ($34.6M). During the last 27 years the exports of Madagascar to China have increased at an annualized rate of 22.9%, from $2.04M in 1995 to $538M in 2022.

In 2022, Madagascar did not export any services to China.

China-Madagascar In 2022, China exported $1.33B to Madagascar. The main products that China exported to Madagascar were Light Rubberized Knitted Fabric ($93.2M), Coated Flat-Rolled Iron ($60.7M), and Synthetic Filament Yarn Woven Fabric ($43.6M). During the last 27 years the exports of China to Madagascar have increased at an annualized rate of 16.6%, from $21M in 1995 to $1.33B in 2022.

In 2022, China did not export any services to Madagascar.

Comparison In 2022,  Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $538M to China. The main products exported from Madagascar to China were Raw Nickel ($263M), Precious Stones ($68.2M), and Uranium and Thorium Ore ($34.6M). During the last 27 years the exports of Madagascar to China have increased at an annualized rate of 22.9%, from $2.04M in 1995 to $538M in 2022.

In 2022, China exported $1.33B to Madagascar. The main products exported from China to Madagascar were Light Rubberized Knitted Fabric ($93.2M), Coated Flat-Rolled Iron ($60.7M), and Synthetic Filament Yarn Woven Fabric ($43.6M). During the last 27 years the exports of China to Madagascar have increased at an annualized rate of 16.6%, from $21M in 1995 to $1.33B in 2022.

Exports from Madagascar (Flag) to China (Flag) (2022)

Exports from China (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and China (Flag)

Madagascar Exports

China Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
China
Top Destination
United States$551B

This map shows whether countries import more from Madagascar or China. Each country is colored based on the difference in imports they receive from Madagascar and China or the difference in the growth in imports.

In 2021, countries that imported more from Madagascar than China were Anguilla ($730).

In 2021, countries that imported more from China than Madagascar were United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - China

Flow
Scale

This chart compares trade between Madagascar and China by product, considering products traded by both, Madagascar and China.

During 2022, Madagascar had a large net trade with China in the exports of Metals ($296M), Mineral Products ($139M), and Precious Metals ($68.5M).

During 2022, China had a large net trade with Madagascar in the exports of Textiles ($440M), Machines ($241M), and Metals ($172M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Madagascar has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and China (Flag) (2022)

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