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Pricing

2022
Flag → Flag
Exports $21.4MRnk 155 / 211
2022
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Top Product $2.67MNon-Retail Artificial Filament Yarn
2022
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Exports $448MRnk 4 / 157
2022
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Top Product $374MRaw Nickel
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI -1.08Rnk 108 / 124
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 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 $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 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

Japan-Madagascar In 2022, Japan exported $21.4M to Madagascar. The main products that Japan exported to Madagascar are Non-Retail Artificial Filament Yarn ($2.67M), Rubber Tires ($2.16M), and Delivery Trucks ($1.78M). During the last 27 years the exports of Japan to Madagascar have decreased at an annualized rate of 1.99%, from $36.9M in 1995 to $21.4M in 2022.

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

Madagascar-Japan In 2022, Madagascar exported $448M to Japan. The main products that Madagascar exported to Japan were Raw Nickel ($374M), Cobalt ($54.4M), and Vanilla ($5.49M). During the last 27 years the exports of Madagascar to Japan have increased at an annualized rate of 11.3%, from $25.1M in 1995 to $448M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥25.6M and imported ¥1.23B from Madagascar, resulting in a negative trade balance of ¥1.21B. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-33M (-56.3%) from ¥58.6M to ¥25.6M, while imports decreased by ¥-2.64B (-68.2%) from ¥3.88B to ¥1.23B.

Trade In January 2024, the top exports of Japan to Madagascar were Cars (¥15M), Delivery Trucks (¥14.7M), Motorcycles and cycles (¥13M), Commodities not elsewhere specified (¥9.67M), and Synthetic Filament Yarn Woven Fabric (¥1.84M). In January 2024 the top imports of Japan from Madagascar were Raw Nickel (¥2.92B), Cobalt (¥328M), Precious Stones (¥194M), Graphite (¥92.5M), and Vanilla (¥71.9M).

Origins In January 2024 the exports of Japan were mainly from Kanagawa (¥14.4M), Aichi (¥8.42M), Osaka (¥2.32M), and Chiba (¥444k), while imports destinations were mainly Aichi (¥614M), Kanagawa (¥276M), Tokyo (¥116M), Chiba (¥114M), and Hyōgo (¥41.9M).

Growth In January 2024, the decrease in Japan's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in Cars (¥-8.53M or -36.2%) and Commodities not elsewhere specified (¥-3.26M or -25.2%). In January 2024, the decrease in Japan's year-by-year imports  from Madagascar was explained primarily by an decrease in product imports  in Cobalt (¥-199M or -37.8%), Vanilla (¥-89.9M or -55.6%), and Knit Men's Suits (¥-13.6M or -32.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥-33M(-56.3%)
IMPORT GROWTH (January 2023 - January 2024)¥-2.64B(-68.2%)
MAIN EXPORTER (January 2024)Kanagawa¥14.4M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $21.4M to Madagascar. The main products exported from Japan to Madagascar were Non-Retail Artificial Filament Yarn ($2.67M), Rubber Tires ($2.16M), and Delivery Trucks ($1.78M). During the last 27 years the exports of Japan to Madagascar have decreased at an annualized rate of 1.99%, from $36.9M in 1995 to $21.4M in 2022.

In 2022, Madagascar exported $448M to Japan. The main products exported from Madagascar to Japan were Raw Nickel ($374M), Cobalt ($54.4M), and Vanilla ($5.49M). During the last 27 years the exports of Madagascar to Japan have increased at an annualized rate of 11.3%, from $25.1M in 1995 to $448M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Madagascar
Top DestinationUnited States$756M

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

In 2021, countries that imported more from Japan than Madagascar were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2021, countries that imported more from Madagascar than Japan were Comoros ($7.03M), San Marino ($2.38k), and North Korea ($1.51k).

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

Comparative Advantage Japan - Madagascar

Flow
Scale

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

During 2022, Japan had a large net trade with Madagascar in the exports of Transportation ($5.48M), Machines ($3.76M), and Textiles ($3.24M).

During 2022, Madagascar had a large net trade with Japan in the exports of Metals ($428M), Vegetable Products ($8.83M), and Animal Products ($3.07M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Japan.

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

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