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Pricing

2023
Flag → Flag
Exports $26MRnk 151 / 223
2023
Flag → Flag
Top Product $3.88MHeavy Synthetic Cotton Fabrics
2023
Flag → Flag
Exports $77.2MRnk 16 / 156
2023
Flag → Flag
Top Product $15.4MKnit Sweaters
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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 $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH-1.77%CURRENT US$
Rnk 155 / 195

About

United Kingdom-Madagascar Trade: In 2023, United Kingdom exported $26M to Madagascar. The main products that United Kingdom exported to Madagascar were Heavy Synthetic Cotton Fabrics ($3.88M), Documents of title (bonds etc) and unused stamps ($1.55M), and Office Machine Parts ($1.55M). Over the past 5 years the exports of United Kingdom to Madagascar have increased at an annualized rate of 6.15%, from $19.3M in 2018 to $26M in 2023.

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

Madagascar-United Kingdom Trade: In 2023, Madagascar exported $77.2M to United Kingdom. The main products that Madagascar exported to United Kingdom were Knit Sweaters ($15.4M), Vanilla ($11.5M), and Non-Knit Active Wear ($4.85M). Over the past 5 years the exports of Madagascar to United Kingdom have increased at an annualized rate of 1.96%,  from $54.4M in 2018 to $77.2M in 2023.

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

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). 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, United Kingdom exported £1.08M and imported £2.9M from Madagascar, resulting in a negative trade balance of £1.82M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £387k (56%) from £692k to £1.08M, while imports decreased by £-248k (-7.89%) from £3.14M to £2.9M.

Trade In November 2024, the top exports of United Kingdom to Madagascar were Chemical Analysis Instruments (£189k), Telephones (£155k), Valves (£71.4k), Antiknock (£64.6k), and Rubber Pipes (£51.5k). In November 2024 the top imports of United Kingdom from Madagascar were Vanilla (£1.65M), Other Knit Garments (£910k), Non-Knit Women's Suits (£615k), Knit Sweaters (£517k), and Non-Knit Active Wear (£365k).

Origins In November 2024 the exports of United Kingdom were mainly from Felixstowe (£560k), London Gateway (£274k), London Heathrow Airport (£150k), East Midlands Airport (£52.4k), and Dover Eurotunnel (£22.2k), while imports destinations were mainly Felixstowe (£1.13M), London Gateway (£264k), London Heathrow Airport (£242k), and Southampton (£173k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Madagascar was explained primarily by an increase in product exports in Chemical Analysis Instruments (£142k or 297%), Valves (£70.2k or 5.96k%), and Rubber Pipes (£11.6k or 29.2%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Madagascar was explained primarily by an decrease in product imports  in Dried Legumes (£-75.8k or -80.1%), Non-Knit Active Wear (£-52.9k or -12.6%), and Knit Babies' Garments (£-52.5k or -88.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£387k(56%)
IMPORT GROWTH (November 2023 - November 2024)£-248k(-7.89%)
MAIN EXPORTER (November 2024)Felixstowe£560k

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

To check Madagascar and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Madagascar and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $26M to Madagascar. The main products exported from United Kingdom to Madagascar were Heavy Synthetic Cotton Fabrics ($3.88M), Documents of title (bonds etc) and unused stamps ($1.55M), and Office Machine Parts ($1.55M). During the last 5 years the exports of United Kingdom to Madagascar have increased at an annualized rate of 6.15%, from $19.3M in 2018 to $26M in 2023.

In 2018, Madagascar exported $77.2M to United Kingdom. The main products exported from Madagascar to United Kingdom were Knit Sweaters ($15.4M), Vanilla ($11.5M), and Non-Knit Active Wear ($4.85M). During the last 5 years the exports of Madagascar to United Kingdom have increased at an annualized rate of 1.96%, from $54.4M in 2023 to $77.2M in 2018.

Exports from United Kingdom (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from United Kingdom than Madagascar included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Madagascar (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Madagascar

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Madagascar in the exports of Machines ($9.52M), Textiles ($6.24M), and Chemical Products ($1.92M).

During 2018, Madagascar had a large net trade with United Kingdom in the exports of Textiles ($44.5M), Vegetable Products ($17.3M), and Metals ($4.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Madagascar+$1.6MPackaged Medicaments
Top Product Potential Madagascar United Kingdom+$13.1MKnit 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 United Kingdom and Madagascar. This means that a dot/product with the flag of United Kingdom 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 Kingdom.

Product Space of United Kingdom (Flag) and Madagascar (Flag) (2023)

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