Czechia (CZE) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Czechia-Madagascar Trade: In 2022, Czechia exported $2.2M to Madagascar. The main products that Czechia exported to Madagascar were Electric Generating Sets ($526k), Cars ($494k), and Computers ($447k). Over the past 5 years the exports of Czechia to Madagascar have decreased at an annualized rate of 21.9%, from $7.56M in 2017 to $2.2M in 2022.

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

Madagascar-Czechia Trade: In 2022, Madagascar exported $3.29M to Czechia. The main products that Madagascar exported to Czechia were Knit Sweaters ($340k), Other Fruits ($293k), and Non-Knit Men's Suits ($285k). Over the past 5 years the exports of Madagascar to Czechia have decreased at an annualized rate of 12.6%, from $7.4M in 2017 to $3.29M in 2022.

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

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $2.2M to Madagascar. The main products exported from Czechia to Madagascar were Electric Generating Sets ($526k), Cars ($494k), and Computers ($447k). During the last 5 years the exports of Czechia to Madagascar have decreased at an annualized rate of 21.9%, from $7.56M in 2017 to $2.2M in 2022.

In 2017, Madagascar exported $3.29M to Czechia. The main products exported from Madagascar to Czechia were Knit Sweaters ($340k), Other Fruits ($293k), and Non-Knit Men's Suits ($285k). During the last 5 years the exports of Madagascar to Czechia have decreased at an annualized rate of 12.6%, from $7.4M in 2022 to $3.29M in 2017.

Exports from Czechia () to Madagascar () (2022)

Exports from Madagascar () to Czechia () (2022)

Latest Data

Trade between Czechia () and Madagascar ()

Czechia Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Czechia than Madagascar included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Madagascar than Czechia included Mauritius ($44.7M), Indonesia ($147M), and Comoros ($7.03M).

Difference in imports from Madagascar () and Czechia () (2022)

Comparative Advantage Czechia - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Madagascar in the exports of Machines ($1.29M), Transportation ($521k), and Textiles ($174k).

During 2017, Madagascar had a large net trade with Czechia in the exports of Textiles ($1.49M), Vegetable Products ($808k), and Mineral Products ($380k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Madagascar+$1.12MCars

Top Product Potential Madagascar Czechia+$840kKnit Sweaters

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Madagascar () (2022)

Exports from Madagascar () to Czechia () (2022)

Latest Data

Trade between Czechia () and Madagascar ()

Czechia Exports

Madagascar Exports

Market Competitiveness

Difference in imports from Madagascar () and Czechia () (2022)

Comparative Advantage Czechia - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Madagascar () (2022)

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