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2023
Flag → Flag
Exports $246MRnk 92 / 216
2023
Flag → Flag
Top Product $117MRefined Petroleum
2023
Flag → Flag
Exports $108MRnk 13 / 156
2023
Flag → Flag
Top Product $69.4MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$506CURRENT US$
Rnk 192 / 196
2013-2023
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GDP PC GROWTH-1.77%CURRENT US$
Rnk 155 / 195

About

United Arab Emirates-Madagascar Trade: In 2023, United Arab Emirates exported $246M to Madagascar. The main products that United Arab Emirates exported to Madagascar were Refined Petroleum ($117M), Limestone ($25.8M), and Cement ($14.9M). Over the past 5 years the exports of United Arab Emirates to Madagascar have decreased at an annualized rate of 12.3%, from $476M in 2018 to $246M in 2023.

In 2023, United Arab Emirates did not export any services to Madagascar.

Madagascar-United Arab Emirates Trade: In 2023, Madagascar exported $108M to United Arab Emirates. The main products that Madagascar exported to United Arab Emirates were Gold ($69.4M), Cloves ($16.4M), and Dried Legumes ($5.21M). Over the past 5 years the exports of Madagascar to United Arab Emirates have decreased at an annualized rate of 11.9%,  from $205M in 2018 to $108M in 2023.

In 2023, Madagascar did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $246M to Madagascar. The main products exported from United Arab Emirates to Madagascar were Refined Petroleum ($117M), Limestone ($25.8M), and Cement ($14.9M). During the last 5 years the exports of United Arab Emirates to Madagascar have decreased at an annualized rate of 12.3%, from $476M in 2018 to $246M in 2023.

In 2018, Madagascar exported $108M to United Arab Emirates. The main products exported from Madagascar to United Arab Emirates were Gold ($69.4M), Cloves ($16.4M), and Dried Legumes ($5.21M). During the last 5 years the exports of Madagascar to United Arab Emirates have decreased at an annualized rate of 11.9%, from $205M in 2023 to $108M in 2018.

Exports from United Arab Emirates (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Madagascar (Flag)

United Arab Emirates Exports

Madagascar Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from United Arab Emirates than Madagascar included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, no countries were registered that imported more from Madagascar than from United Arab Emirates.

Difference in imports from Madagascar (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Madagascar

Flow
Scale

This chart compares trade between United Arab Emirates and Madagascar by product, considering products traded by both, United Arab Emirates and Madagascar.

During 2023, United Arab Emirates had a large net trade with Madagascar in the exports of Mineral Products ($175M), Machines ($30.6M), and Transportation ($8.27M).

During 2018, Madagascar had a large net trade with United Arab Emirates in the exports of Precious Metals ($69.8M), Vegetable Products ($29.2M), and Textiles ($5.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Madagascar+$21.2MRefined Petroleum
Top Product Potential Madagascar United Arab Emirates+$12.3MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Madagascar. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Madagascar (Flag) (2023)

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