Gabon (GAB) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

About

Gabon-Madagascar Trade: In 2022, Gabon exported $2.02M to Madagascar. The main products that Gabon exported to Madagascar were Large Construction Vehicles ($705k), Tug Boats ($371k), and Passenger and Cargo Ships ($286k). Over the past 5 years the exports of Gabon to Madagascar have increased at an annualized rate of 30.7%, from $530k in 2017 to $2.02M in 2022.

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

Madagascar-Gabon Trade: In 2022, Madagascar exported $204k to Gabon. The main products that Madagascar exported to Gabon were Cranes ($95.8k), Special purpose motor vehicles ($38.3k), and Fork-Lifts ($32.8k). Over the past 5 years the exports of Madagascar to Gabon have increased at an annualized rate of 10.2%, from $126k in 2017 to $204k in 2022.

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

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). 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, Gabon exported $2.02M to Madagascar. The main products exported from Gabon to Madagascar were Large Construction Vehicles ($705k), Tug Boats ($371k), and Passenger and Cargo Ships ($286k). During the last 5 years the exports of Gabon to Madagascar have increased at an annualized rate of 30.7%, from $530k in 2017 to $2.02M in 2022.

In 2017, Madagascar exported $204k to Gabon. The main products exported from Madagascar to Gabon were Cranes ($95.8k), Special purpose motor vehicles ($38.3k), and Fork-Lifts ($32.8k). During the last 5 years the exports of Madagascar to Gabon have increased at an annualized rate of 10.2%, from $126k in 2022 to $204k in 2017.

Exports from Gabon () to Madagascar () (2022)

Exports from Madagascar () to Gabon () (2022)

Latest Data

Trade between Gabon () and Madagascar ()

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Gabon than Madagascar included China ($3.4B), Italy ($576M), and South Korea ($617M).

In 2022, countries that imported more from Madagascar than Gabon included United States ($756M), Japan ($448M), and France ($634M).

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

Comparative Advantage Gabon - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gabon had a large net trade with Madagascar in the exports of Machines ($1.34M), Transportation ($660k), and Wood Products ($21.5k).

During 2017, Madagascar had a large net trade with Gabon in the exports of Machines ($142k), Transportation ($61.6k), and Animal Products ($391).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Madagascar+$21kSawn Wood

Top Product Potential Madagascar Gabon+$2.4kTrailers and semi-trailers, not mechanically propelled vehicles

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 Gabon and Madagascar. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Madagascar () (2022)

Exports from Madagascar () to Gabon () (2022)

Latest Data

Trade between Gabon () and Madagascar ()

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Gabon - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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