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2022
Flag → Flag
Exports $634MRnk 2 / 157
2022
Flag → Flag
Top Product $158MVanilla
2022
Flag → Flag
Exports $472MRnk 75 / 219
2022
Flag → Flag
Top Product $37.5MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 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$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Madagascar-France Trade: In 2022, Madagascar exported $634M to France. The main products that Madagascar exported to France were Vanilla ($158M), Crustaceans ($92.6M), and Other Processed Vegetables ($36.3M). Over the past 5 years the exports of Madagascar to France have decreased at an annualized rate of 0.95%, from $665M in 2017 to $634M in 2022.

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

France-Madagascar Trade: In 2022, France exported $472M to Madagascar. The main products that France exported to Madagascar were Packaged Medicaments ($37.5M), Silk Fabrics ($29.3M), and Non-fillet Frozen Fish ($20.4M). Over the past 5 years the exports of France to Madagascar have increased at an annualized rate of 5.09%,  from $368M in 2017 to $472M in 2022.

In 2022, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $634M to France. The main products exported from Madagascar to France were Vanilla ($158M), Crustaceans ($92.6M), and Other Processed Vegetables ($36.3M). During the last 5 years the exports of Madagascar to France have decreased at an annualized rate of 0.95%, from $665M in 2017 to $634M in 2022.

In 2017, France exported $472M to Madagascar. The main products exported from France to Madagascar were Packaged Medicaments ($37.5M), Silk Fabrics ($29.3M), and Non-fillet Frozen Fish ($20.4M). During the last 5 years the exports of France to Madagascar have increased at an annualized rate of 5.09%, from $368M in 2022 to $472M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and France (Flag)

Madagascar Exports

France Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from Madagascar than France included North Korea ($1.51k).

In 2022, countries that imported more from France than Madagascar included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

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

Comparative Advantage Madagascar - France

Flow
Scale

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

During 2022, Madagascar had a large net trade with France in the exports of Vegetable Products ($188M), Textiles ($181M), and Animal Products ($96.8M).

During 2017, France had a large net trade with Madagascar in the exports of Textiles ($115M), Machines ($81.4M), and Chemical Products ($60.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar France+$13.8MKnit Sweaters
Top Product Potential France Madagascar+$5.34MRefined 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 France. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Madagascar.

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

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