2022
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GDP
$15BCURRENT US$
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GDP GROWTH
29.2%CURRENT US$
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 GDP
$1.92TCURRENT US$
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-22.1%CURRENT US$
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GDP PC 
$505CURRENT US$
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GDP PC GROWTH
0.17%CURRENT US$
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GDP PC
$8,918CURRENT US$
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Madagascar-Brazil In 2022, Madagascar exported $3.33M to Brazil. The main products that Madagascar exported to Brazil are Niobium, Tantalum, Vanadium and Zirconium Ore ($1.94M), Ethers ($329k), and Cloves ($236k). During the last 27 years the exports of Madagascar to Brazil have increased at an annualized rate of 13.3%, from $114k in 1995 to $3.33M in 2022.

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

Brazil-Madagascar In 2022, Brazil exported $41.3M to Madagascar. The main products that Brazil exported to Madagascar were Raw Sugar ($24.2M), Soybean Oil ($6.77M), and Ammonia ($4.75M). During the last 27 years the exports of Brazil to Madagascar have increased at an annualized rate of 7.62%, from $5.69M in 1995 to $41.3M in 2022.

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

Comparison In 2022,  Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $3.33M to Brazil. The main products exported from Madagascar to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.94M), Ethers ($329k), and Cloves ($236k). During the last 27 years the exports of Madagascar to Brazil have increased at an annualized rate of 13.3%, from $114k in 1995 to $3.33M in 2022.

In 2022, Brazil exported $41.3M to Madagascar. The main products exported from Brazil to Madagascar were Raw Sugar ($24.2M), Soybean Oil ($6.77M), and Ammonia ($4.75M). During the last 27 years the exports of Brazil to Madagascar have increased at an annualized rate of 7.62%, from $5.69M in 1995 to $41.3M in 2022.

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

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

Latest Data

Trade between Madagascar (Flag) and Brazil (Flag)

Madagascar Exports

Brazil Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Brazil
Top Destination
China$90.1B

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 2021, countries that imported more from Madagascar than Brazil were North Korea ($1.51k).

In 2021, countries that imported more from Brazil than Madagascar were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Madagascar - Brazil

Flow
Scale

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

During 2022, Madagascar had a large net trade with Brazil in the exports of Mineral Products ($1.96M), Chemical Products ($471k), and Textiles ($368k).

During 2022, Brazil had a large net trade with Madagascar in the exports of Foodstuffs ($24.9M), Animal and Vegetable Bi-Products ($6.77M), and Chemical Products ($4.91M).

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

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

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