Guyana (GUY) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Guyana-Madagascar Trade: In 2022, Guyana exported $591 to Madagascar. The main products that Guyana exported to Madagascar were Gravel and Crushed Stone ($591). Over the past 9 years the exports of Guyana to Madagascar have decreased at an annualized rate of 17%, from $3.15k in 2013 to $591 in 2022.

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

Madagascar-Guyana Trade: In 2022, Madagascar exported $57.4k to Guyana. The main products that Madagascar exported to Guyana were Dried Legumes ($57.4k). Over the past 9 years the exports of Madagascar to Guyana have decreased at an annualized rate of 12.4%, from $112k in 2013 to $57.4k in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. 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, Guyana exported $591 to Madagascar. The main products exported from Guyana to Madagascar were Gravel and Crushed Stone ($591). During the last 9 years the exports of Guyana to Madagascar have decreased at an annualized rate of 17%, from $3.15k in 2013 to $591 in 2022.

In 2017, Madagascar exported $57.4k to Guyana. The main products exported from Madagascar to Guyana were Dried Legumes ($57.4k). During the last 5 years the exports of Madagascar to Guyana have decreased at an annualized rate of 12.4%, from $112k in 2022 to $57.4k in 2017.

Exports from Guyana () to Madagascar () (2022)

Exports from Madagascar () to Guyana () (2022)

Latest Data

Trade between Guyana () and Madagascar ()

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Guyana than Madagascar included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

In 2022, countries that imported more from Madagascar than Guyana included France ($634M), Japan ($448M), and South Africa ($152M).

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

Comparative Advantage Guyana - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Madagascar in the exports of Mineral Products ($591).

During 2017, Madagascar had a large net trade with Guyana in the exports of Vegetable Products ($57.4k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Madagascar () (2022)

Exports from Madagascar () to Guyana () (2022)

Latest Data

Trade between Guyana () and Madagascar ()

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Guyana - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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