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2022
Flag → Flag
Exports $1.14MRnk 162 / 210
2022
Flag → Flag
Top Product $233kIntegrated Circuits
2022
Flag → Flag
Exports $676MRnk 55 / 157
2022
Flag → Flag
Top Product $419kKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Ireland-Madagascar Trade: In 2022, Ireland exported $1.14M to Madagascar. The main products that Ireland exported to Madagascar were Integrated Circuits ($233k), Computers ($180k), and Packaged Medicaments ($99.4k). Over the past 5 years the exports of Ireland to Madagascar have decreased at an annualized rate of 15.5%, from $2.64M in 2017 to $1.14M in 2022.

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

Madagascar-Ireland In N/A, Madagascar did not export any products to Ireland.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Madagascar, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Madagascar were . In N/A the top imports of Ireland from Madagascar were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Madagascar was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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

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

For full datasets download visit Bulk Download page.

Explore Madagascar and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $1.14M to Madagascar. The main products exported from Ireland to Madagascar were Integrated Circuits ($233k), Computers ($180k), and Packaged Medicaments ($99.4k). During the last 5 years the exports of Ireland to Madagascar have decreased at an annualized rate of 15.5%, from $2.64M in 2017 to $1.14M in 2022.

Madagascar does not register exports to Ireland. The main products exported from Madagascar to Ireland were Knit T-shirts ($419k), Knit Sweaters ($244k), and Other Knit Garments ($242k).

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Ireland than Madagascar included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Madagascar than Ireland included Mauritius ($44.7M), Comoros ($7.03M), and Seychelles ($4.15M).

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

Comparative Advantage Ireland - Madagascar

Flow
Scale

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

During 2022, Ireland had a large net trade with Madagascar in the exports of Machines ($588k), Chemical Products ($212k), and Plastics and Rubbers ($122k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Madagascar+$456kPackaged Medicaments
Top Product Potential Madagascar Ireland+$762kKnit T-shirts

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

Product Space of Ireland (Flag) and Madagascar (Flag) (2022)

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