2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC 
$506CURRENT US$
Rnk 192 / 195
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Madagascar-Egypt Trade: In 2023, Madagascar exported $1.91M to Egypt. The main products that Madagascar exported to Egypt were Cloves ($878k), Pepper ($347k), and Preserved Fruits and Nuts ($175k). Over the past 5 years the exports of Madagascar to Egypt have decreased at an annualized rate of 2.28%, from $2.15M in 2018 to $1.91M in 2023.

In 2023, Madagascar did not export any services to Egypt.

Egypt-Madagascar Trade: In 2023, Egypt exported $124M to Madagascar. The main products that Egypt exported to Madagascar were Wheat Flours ($51.2M), Refined Petroleum ($7.64M), and Toilet Paper ($7.5M). Over the past 5 years the exports of Egypt to Madagascar have increased at an annualized rate of 3.73%,  from $103M in 2018 to $124M in 2023.

In 2023, Egypt did not export any services to Madagascar.

Comparison: In 2023,  Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B). That same year, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $1.91M to Egypt. The main products exported from Madagascar to Egypt were Cloves ($878k), Pepper ($347k), and Preserved Fruits and Nuts ($175k). During the last 5 years the exports of Madagascar to Egypt have decreased at an annualized rate of 2.28%, from $2.15M in 2018 to $1.91M in 2023.

In 2018, Egypt exported $124M to Madagascar. The main products exported from Egypt to Madagascar were Wheat Flours ($51.2M), Refined Petroleum ($7.64M), and Toilet Paper ($7.5M). During the last 5 years the exports of Egypt to Madagascar have increased at an annualized rate of 3.73%, from $103M in 2023 to $124M in 2018.

Exports from Madagascar (Flag) to Egypt (Flag) (2023)

Exports from Egypt (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and Egypt (Flag)

Madagascar Exports

Egypt Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Egypt
Top Destination
Saudi Arabia$5.31B

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

In 2023, countries that imported more from Madagascar than Egypt included Japan ($345M), South Africa ($161M), and Chinese Taipei ($99.8M).

In 2023, countries that imported more from Egypt than Madagascar included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

Difference in imports from Egypt (Flag) and Madagascar (Flag) (2023)

Comparative Advantage Madagascar - Egypt

Flow
Scale

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

During 2023, Madagascar had a large net trade with Egypt in the exports of Vegetable Products ($1.53M), Textiles ($215k), and Mineral Products ($80.8k).

During 2018, Egypt had a large net trade with Madagascar in the exports of Vegetable Products ($51.5M), Chemical Products ($23.5M), and Paper Goods ($10.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Egypt+$528kRefined Petroleum
Top Product Potential Egypt Madagascar+$4.98MRefined Petroleum

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

Product Space of Madagascar (Flag) and Egypt (Flag) (2023)

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