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2023
Flag → Flag
Exports $64.2MRnk 145 / 220
2023
Flag → Flag
Top Product $23.1MWheat
2023
Flag → Flag
Exports $164MRnk 8 / 156
2023
Flag → Flag
Top Product $35.5MVanilla
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
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Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
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GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
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GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$506CURRENT US$
Rnk 192 / 196
2013-2023
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GDP PC GROWTH-1.77%CURRENT US$
Rnk 155 / 195

About

Germany-Madagascar Trade: In 2023, Germany exported $64.2M to Madagascar. The main products that Germany exported to Madagascar were Wheat ($23.1M), Other Office Machines ($3.06M), and Washing and Bottling Machines ($2.14M). Over the past 5 years the exports of Germany to Madagascar have increased at an annualized rate of 3.75%, from $53.4M in 2018 to $64.2M in 2023.

In 2023, Germany did not export any services to Madagascar.

Madagascar-Germany Trade: In 2023, Madagascar exported $164M to Germany. The main products that Madagascar exported to Germany were Vanilla ($35.5M), Knit Sweaters ($26.9M), and Processed Fish ($17.2M). Over the past 5 years the exports of Madagascar to Germany have decreased at an annualized rate of 10.9%,  from $328M in 2018 to $164M in 2023.

In 2023, Madagascar did not export any services to Germany.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €3.05M and imported €12.3M from Madagascar, resulting in a negative trade balance of €9.23M. Between November 2023 and November 2024 the exports of Germany have decreased by €-434k (-12.5%) from €3.48M to €3.05M, while imports increased by €2.85M (30.2%) from €9.43M to €12.3M.

Trade In November 2024, the top exports of Germany to Madagascar were Other machinery (€997k), Mineral oil products (€236k), Other articles of iron, iron sheet,... (€138k), Other end products (€131k), and Machinery for electricity production, distribution (€128k). In November 2024 the top imports of Germany from Madagascar were Tropical and subtropical fruits (€3.79M), Fish and crustaceans, molluscs (€2.4M), Apparel of knitted or crocheted fabrics... (€1.33M), Spices (€1.19M), and Nickels and nickel alloys, incl. waste,... (€554k).

Origins In November 2024 the exports of Germany were mainly from North Rhine-Westphalia (€396k), Bavaria (€308k), Baden-Württemberg (€155k), Hesse (€146k), and Saxony-Anhalt (€139k), while imports destinations were mainly Lower Saxony (€3.26M), Saarland (€2.2M), Baden-Württemberg (€1.75M), North Rhine-Westphalia (€1.25M), and Bavaria (€1M).

Growth In November 2024, the decrease in Germany's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in Plastics (€-286k or -88.3%), Machinery for electricity production, distribution (€-83k or -39.3%), and Medical, surgical equipment, orthopaedic apparatus (€-58k or -96.7%). In November 2024, the increase in Germany's year-by-year imports  from Madagascar was explained primarily by an increase in product imports  in Fish and crustaceans, molluscs (€1.97M or 458%), Nickels and nickel alloys, incl. waste,... (€375k or 209%), and Apparel of cotton, excl. of knitted... (€309k or 309%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-434k(-12.5%)
IMPORT GROWTH (November 2023 - November 2024)€2.85M(30.2%)
MAIN EXPORTER (November 2024)North Rhine-Westphalia€396k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Madagascar and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Madagascar and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $64.2M to Madagascar. The main products exported from Germany to Madagascar were Wheat ($23.1M), Other Office Machines ($3.06M), and Washing and Bottling Machines ($2.14M). During the last 5 years the exports of Germany to Madagascar have increased at an annualized rate of 3.75%, from $53.4M in 2018 to $64.2M in 2023.

In 2018, Madagascar exported $164M to Germany. The main products exported from Madagascar to Germany were Vanilla ($35.5M), Knit Sweaters ($26.9M), and Processed Fish ($17.2M). During the last 5 years the exports of Madagascar to Germany have decreased at an annualized rate of 10.9%, from $328M in 2023 to $164M in 2018.

Exports from Germany (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from Germany than Madagascar included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Madagascar than Germany included Comoros ($7.69M).

Difference in imports from Madagascar (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Madagascar

Flow
Scale

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

During 2023, Germany had a large net trade with Madagascar in the exports of Vegetable Products ($23.2M), Machines ($18.2M), and Chemical Products ($4.5M).

During 2018, Madagascar had a large net trade with Germany in the exports of Vegetable Products ($64.3M), Textiles ($49.9M), and Foodstuffs ($21.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Madagascar+$3.08MCars
Top Product Potential Madagascar Germany+$18.5MKnit 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

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

Product Space of Germany (Flag) and Madagascar (Flag) (2023)

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