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Pricing

2022
Flag → Flag
Exports $62.2kRnk 124 / 157
2022
Flag → Flag
Top Product $15.9kNon-Knit Active Wear
2022
Flag → Flag
Exports $42Rnk 141 / 144
2022
Flag → Flag
Top Product $42Beauty Products
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186

About

Madagascar-Andorra Trade: In 2022, Madagascar exported $62.2k to Andorra. The main products that Madagascar exported to Andorra were Non-Knit Active Wear ($15.9k), Knit Sweaters ($11.7k), and Basketwork ($6.18k). Over the past 5 years the exports of Madagascar to Andorra have increased at an annualized rate of 7.99%, from $42.4k in 2017 to $62.2k in 2022.

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

Andorra-Madagascar Trade: In 2022, Andorra exported $42 to Madagascar. The main products that Andorra exported to Madagascar were Beauty Products ($42). Over the past 5 years the exports of Andorra to Madagascar have decreased at an annualized rate of 46.6%,  from $967 in 2017 to $42 in 2022.

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

Comparison In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08),  and 133 in total exports ($4.25B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $62.2k to Andorra. The main products exported from Madagascar to Andorra were Non-Knit Active Wear ($15.9k), Knit Sweaters ($11.7k), and Basketwork ($6.18k). During the last 5 years the exports of Madagascar to Andorra have increased at an annualized rate of 7.99%, from $42.4k in 2017 to $62.2k in 2022.

In 2017, Andorra exported $42 to Madagascar. The main products exported from Andorra to Madagascar were Beauty Products ($42). During the last 5 years the exports of Andorra to Madagascar have decreased at an annualized rate of 46.6%, from $967 in 2022 to $42 in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Andorra (Flag)

Madagascar Exports

Date

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Andorra
Top DestinationSpain$297M

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

In 2022, countries that imported more from Madagascar than Andorra included United States ($756M), France ($634M), and China ($538M).

In 2022, countries that imported more from Andorra than Madagascar included Spain ($297M), El Salvador ($3.4M), and Norway ($4.83M).

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

Comparative Advantage Madagascar - Andorra

Flow
Scale

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

During 2022, Madagascar had a large net trade with Andorra in the exports of Textiles ($47.5k), Wood Products ($6.18k), and Animal Hides ($5.95k).

During 2017, Andorra had a large net trade with Madagascar in the exports of Chemical Products ($42).

Economic Complexity

Competitive Landscape

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

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

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