2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Lebanon-Madagascar Trade: In 2023, Lebanon exported $1.67M to Madagascar. The main products that Lebanon exported to Madagascar were Computers ($874k), Refrigerators ($280k), and Electric Generating Sets ($278k). Over the past 5 years the exports of Lebanon to Madagascar have increased at an annualized rate of 180%, from $9.72k in 2018 to $1.67M in 2023.

In 2023, Lebanon did not export any services to Madagascar.

Madagascar-Lebanon Trade: In 2023, Madagascar exported $838k to Lebanon. The main products that Madagascar exported to Lebanon were Cloves ($199k), Knit Sweaters ($91.3k), and Pepper ($75.6k). Over the past 5 years the exports of Madagascar to Lebanon have decreased at an annualized rate of 8.22%,  from $1.29M in 2018 to $838k in 2023.

In 2023, Madagascar did not export any services to Lebanon.

Comparison: In 2023,  Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B). That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $1.67M to Madagascar. The main products exported from Lebanon to Madagascar were Computers ($874k), Refrigerators ($280k), and Electric Generating Sets ($278k). During the last 5 years the exports of Lebanon to Madagascar have increased at an annualized rate of 180%, from $9.72k in 2018 to $1.67M in 2023.

In 2018, Madagascar exported $838k to Lebanon. The main products exported from Madagascar to Lebanon were Cloves ($199k), Knit Sweaters ($91.3k), and Pepper ($75.6k). During the last 5 years the exports of Madagascar to Lebanon have decreased at an annualized rate of 8.22%, from $1.29M in 2023 to $838k in 2018.

Exports from Lebanon (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to Lebanon (Flag) (2023)

Latest Data

Trade between Lebanon (Flag) and Madagascar (Flag)

Madagascar Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Lebanon than Madagascar included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

In 2023, countries that imported more from Madagascar than Lebanon included France ($641M), United States ($669M), and Japan ($345M).

Difference in imports from Madagascar (Flag) and Lebanon (Flag) (2023)

Comparative Advantage Lebanon - Madagascar

Flow
Scale

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

During 2023, Lebanon had a large net trade with Madagascar in the exports of Machines ($1.47M), Paper Goods ($66.2k), and Transportation ($41.8k).

During 2018, Madagascar had a large net trade with Lebanon in the exports of Textiles ($414k), Vegetable Products ($329k), and Precious Metals ($28.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Madagascar (Flag) (2023)

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