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Pricing

2022
Flag → Flag
Exports $1.74MRnk 59 / 157
2022
Flag → Flag
Top Product $1.33MCocoa Beans
2022
Flag → Flag
Exports $47.9kRnk 106 / 125
2022
Flag → Flag
Top Product $34.1kIndustrial Fatty Acids, Oils and Alcohols
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.64Rnk 95 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH-8.2%CURRENT US$
Rnk 173 / 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$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH-23.8%CURRENT US$
Rnk 175 / 186

About

Madagascar-Algeria Trade: In 2022, Madagascar exported $1.74M to Algeria. The main products that Madagascar exported to Algeria were Cocoa Beans ($1.33M), Dried Legumes ($307k), and Cloves ($88.2k). Over the past 5 years the exports of Madagascar to Algeria have increased at an annualized rate of 15.6%, from $839k in 2017 to $1.74M in 2022.

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

Algeria-Madagascar Trade: In 2022, Algeria exported $47.9k to Madagascar. The main products that Algeria exported to Madagascar were Industrial Fatty Acids, Oils and Alcohols ($34.1k), Baked Goods ($11.6k), and Chocolate ($2.14k). Over the past 5 years the exports of Algeria to Madagascar have increased at an annualized rate of 25.7%,  from $15.3k in 2017 to $47.9k in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $1.74M to Algeria. The main products exported from Madagascar to Algeria were Cocoa Beans ($1.33M), Dried Legumes ($307k), and Cloves ($88.2k). During the last 5 years the exports of Madagascar to Algeria have increased at an annualized rate of 15.6%, from $839k in 2017 to $1.74M in 2022.

In 2017, Algeria exported $47.9k to Madagascar. The main products exported from Algeria to Madagascar were Industrial Fatty Acids, Oils and Alcohols ($34.1k), Baked Goods ($11.6k), and Chocolate ($2.14k). During the last 5 years the exports of Algeria to Madagascar have increased at an annualized rate of 25.7%, from $15.3k in 2022 to $47.9k in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Algeria (Flag)

Madagascar Exports

Algeria Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Algeria
Top DestinationItaly$16.9B

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

In 2022, countries that imported more from Madagascar than Algeria included South Africa ($152M), United Arab Emirates ($78.8M), and Mauritius ($44.7M).

In 2022, countries that imported more from Algeria than Madagascar included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Madagascar - Algeria

Flow
Scale

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

During 2022, Madagascar had a large net trade with Algeria in the exports of Foodstuffs ($1.33M) and Vegetable Products ($405k).

During 2017, Algeria had a large net trade with Madagascar in the exports of Chemical Products ($34.1k), Foodstuffs ($13.8k), and Machines ($73).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Algeria+$587kDried Legumes
Top Product Potential Algeria Madagascar+$8.77kBaked Goods

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 Algeria. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Madagascar.

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

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