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Pricing

2022
Flag → Flag
Exports $41.1MRnk 155 / 223
2022
Flag → Flag
Top Product $2.12MMachinery Having Individual Functions
2022
Flag → Flag
Exports $162MRnk 5 / 157
2022
Flag → Flag
Top Product $45.7MVanilla
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
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GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Germany-Madagascar Trade: In 2022, Germany exported $41.1M to Madagascar. The main products that Germany exported to Madagascar were Machinery Having Individual Functions ($2.12M), Transmissions ($1.92M), and Pens ($1.8M). Over the past 5 years the exports of Germany to Madagascar have decreased at an annualized rate of 10%, from $69.7M in 2017 to $41.1M in 2022.

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

Madagascar-Germany Trade: In 2022, Madagascar exported $162M to Germany. The main products that Madagascar exported to Germany were Vanilla ($45.7M), Knit Sweaters ($21.2M), and Processed Fish ($17.9M). Over the past 5 years the exports of Madagascar to Germany have decreased at an annualized rate of 8.01%,  from $246M in 2017 to $162M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €3.77M and imported €14.3M from Madagascar, resulting in a negative trade balance of €10.6M. Between July 2023 and July 2024 the exports of Germany have increased by €383k (11.3%) from €3.39M to €3.77M, while imports increased by €5.81M (68.1%) from €8.53M to €14.3M.

Trade In July 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 July 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 July 2024 the exports of Germany were mainly from North Rhine-Westphalia (€420k), Baden-Württemberg (€378k), Bavaria (€320k), Schleswig-Holstein (€237k), and Hesse (€105k), while imports destinations were mainly Baden-Württemberg (€3.89M), Brandenburg (€2.39M), North Rhine-Westphalia (€2.13M), Hamburg (€1.87M), and Bavaria (€1.47M).

Growth In July 2024, the increase in Germany's year-by-year exports to Madagascar was explained primarily by an increase in product exports in Other machinery (€935k or 1.51k%), Mineral oil products (€207k or 714%), and Other prefabricated chemicals (€79k or 7.9k%). In July 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 (July 2023 - July 2024)€383k(11.3%)
IMPORT GROWTH (July 2023 - July 2024)€5.81M(68.1%)
MAIN EXPORTER (July 2024)North Rhine-Westphalia€420k

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 2022, Germany exported $41.1M to Madagascar. The main products exported from Germany to Madagascar were Machinery Having Individual Functions ($2.12M), Transmissions ($1.92M), and Pens ($1.8M). During the last 5 years the exports of Germany to Madagascar have decreased at an annualized rate of 10%, from $69.7M in 2017 to $41.1M in 2022.

In 2017, Madagascar exported $162M to Germany. The main products exported from Madagascar to Germany were Vanilla ($45.7M), Knit Sweaters ($21.2M), and Processed Fish ($17.9M). During the last 5 years the exports of Madagascar to Germany have decreased at an annualized rate of 8.01%, from $246M in 2022 to $162M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Madagascar
Top DestinationUnited States$756M

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 2022, countries that imported more from Germany than Madagascar included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Madagascar than Germany included Comoros ($7.03M) and North Korea ($1.51k).

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

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 2022, Germany had a large net trade with Madagascar in the exports of Machines ($16.3M), Chemical Products ($6.33M), and Textiles ($3.13M).

During 2017, Madagascar had a large net trade with Germany in the exports of Vegetable Products ($70.8M), Textiles ($38.7M), and Foodstuffs ($20M).

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) (2022)

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