2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Madagascar-Cameroon Trade: In 2022, Madagascar exported $37.6k to Cameroon. The main products that Madagascar exported to Cameroon were Other Iron Products ($36.7k), Refined Petroleum ($968), and Packaged Medicaments ($25). Over the past 5 years the exports of Madagascar to Cameroon have decreased at an annualized rate of 20.2%, from $116k in 2017 to $37.6k in 2022.

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

Cameroon-Madagascar Trade: In 2022, Cameroon exported $135k to Madagascar. The main products that Cameroon exported to Madagascar were Other Aluminium Products ($68.3k), Scented Mixtures ($51.3k), and Other Oily Seeds ($13.2k). Over the past 5 years the exports of Cameroon to Madagascar have increased at an annualized rate of 2.35%,  from $120k in 2017 to $135k in 2022.

In 2022, Cameroon 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, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $37.6k to Cameroon. The main products exported from Madagascar to Cameroon were Other Iron Products ($36.7k), Refined Petroleum ($968), and Packaged Medicaments ($25). During the last 5 years the exports of Madagascar to Cameroon have decreased at an annualized rate of 20.2%, from $116k in 2017 to $37.6k in 2022.

In 2017, Cameroon exported $135k to Madagascar. The main products exported from Cameroon to Madagascar were Other Aluminium Products ($68.3k), Scented Mixtures ($51.3k), and Other Oily Seeds ($13.2k). During the last 5 years the exports of Cameroon to Madagascar have increased at an annualized rate of 2.35%, from $120k in 2022 to $135k in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Cameroon (Flag)

Madagascar Exports

Cameroon Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Cameroon
Top Destination
Netherlands$1.31B

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

In 2022, countries that imported more from Madagascar than Cameroon included United States ($756M), Japan ($448M), and South Africa ($152M).

In 2022, countries that imported more from Cameroon than Madagascar included Netherlands ($1.31B), India ($974M), and Spain ($683M).

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

Comparative Advantage Madagascar - Cameroon

Flow
Scale

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

During 2022, Madagascar had a large net trade with Cameroon in the exports of Metals ($36.7k), Mineral Products ($968), and Chemical Products ($25).

During 2017, Cameroon had a large net trade with Madagascar in the exports of Metals ($68.3k), Chemical Products ($51.3k), and Vegetable Products ($13.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Cameroon+$54.5kOther Iron Products
Top Product Potential Cameroon Madagascar+$3.36kTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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