Flag Madagascar / Brazil Flag

2020
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Exports
: $3.44M, Rnk 43 / 154

2020
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Top Product
: $1.27M, Niobium, Tantalum, Vanadium and Zirconium Ore

2020
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Exports
: $39.9M, Rnk 123 / 223

2020
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Top Product
: $33.1M, Raw Sugar

2020
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Economic Complexity (ECI)
: ECI -1.24, Rnk 115 / 127

2020
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Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
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GDP
: $13.2B, CURRENT US$
Rnk 132 / 204

2010-2020
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GDP GROWTH
: 32.5%, CURRENT US$
Rnk 96 / 204

2020
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 GDP
: $1.45T, CURRENT US$
Rnk 12 / 204

2010-2020
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GDP GROWTH
: -34.4%, CURRENT US$
Rnk 199 / 204

2020
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GDP PC 
: $478, CURRENT US$
Rnk 201 / 204

2010-2020
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GDP PC GROWTH
: 1.2%, CURRENT US$
Rnk 133 / 204

2020
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GDP PC
: $6,815, CURRENT US$
Rnk 100 / 204

2010-2020
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GDP PC GROWTH
: -39.6%, CURRENT US$
Rnk 197 / 204

Madagascar-Brazil In 2020, Madagascar exported $3.44M to Brazil. The main products that Madagascar exported to Brazil are Niobium, Tantalum, Vanadium and Zirconium Ore ($1.27M), Other Construction Vehicles ($837k), and Ethers ($578k). During the last 25 years the exports of Madagascar to Brazil have increased at an annualized rate of 14.6%, from $114k in 1995 to $3.44M in 2020.

In 2020, Madagascar did not export any services to Brazil.

Brazil-Madagascar In 2020, Brazil exported $39.9M to Madagascar. The main products that Brazil exported to Madagascar were Raw Sugar ($33.1M), Soybean Oil ($2.34M), and Tractors ($854k). During the last 25 years the exports of Brazil to Madagascar have increased at an annualized rate of 8.12%, from $5.66M in 1995 to $39.9M in 2020.

In 2020, Brazil did not export any services to Madagascar.

Comparison In 2020,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.24), and 135 in total exports ($2.47B). That same year, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Madagascar exported $3.44M to Brazil. The main products exported from Madagascar to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.27M), Other Construction Vehicles ($837k), and Ethers ($578k). During the last 25 years the exports of Madagascar to Brazil have increased at an annualized rate of 14.6%, from $114k in 1995 to $3.44M in 2020.

In 2020, Brazil exported $39.9M to Madagascar. The main products exported from Brazil to Madagascar were Raw Sugar ($33.1M), Soybean Oil ($2.34M), and Tractors ($854k). During the last 25 years the exports of Brazil to Madagascar have increased at an annualized rate of 8.12%, from $5.66M in 1995 to $39.9M in 2020.

Madagascar Exports

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Brazil Exports

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Market Competitiveness

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Measure

Madagascar
Top Destination
: United States, $503M

Brazil
Top Destination
: China, $67.9B

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

In 2019, countries that imported more from Madagascar than Brazil were Comoros ($9.01M).

In 2019, countries that imported more from Brazil than Madagascar were China ($67.9B), United States ($21.9B), and Argentina ($8.57B).

Comparative Advantage Madagascar - Brazil

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Flow

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

During 2020, Madagascar had a large net trade with Brazil in the exports of Mineral Products ($1.27M), Machines ($873k), and Chemical Products ($719k).

During 2020, Brazil had a large net trade with Madagascar in the exports of Foodstuffs ($34.2M), Animal and Vegetable Bi-Products ($2.34M), and Transportation ($1.81M).

Economic Complexity

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Competitive Landscape

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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 Madagascar has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Madagascar.