2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 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
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Madagascar-Gabon Trade: In 2022, Madagascar exported $204k to Gabon. The main products that Madagascar exported to Gabon were Cranes ($95.8k), Special purpose motor vehicles ($38.3k), and Fork-Lifts ($32.8k). Over the past 5 years the exports of Madagascar to Gabon have increased at an annualized rate of 10.2%, from $126k in 2017 to $204k in 2022.

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

Gabon-Madagascar Trade: In 2022, Gabon exported $2.02M to Madagascar. The main products that Gabon exported to Madagascar were Large Construction Vehicles ($705k), Tug Boats ($371k), and Passenger and Cargo Ships ($286k). Over the past 5 years the exports of Gabon to Madagascar have increased at an annualized rate of 21.1%,  from $530k in 2017 to $2.02M in 2022.

In 2022, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $204k to Gabon. The main products exported from Madagascar to Gabon were Cranes ($95.8k), Special purpose motor vehicles ($38.3k), and Fork-Lifts ($32.8k). During the last 5 years the exports of Madagascar to Gabon have increased at an annualized rate of 10.2%, from $126k in 2017 to $204k in 2022.

In 2017, Gabon exported $2.02M to Madagascar. The main products exported from Gabon to Madagascar were Large Construction Vehicles ($705k), Tug Boats ($371k), and Passenger and Cargo Ships ($286k). During the last 5 years the exports of Gabon to Madagascar have increased at an annualized rate of 21.1%, from $530k in 2022 to $2.02M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Gabon (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Madagascar than Gabon included United States ($756M), Japan ($448M), and France ($634M).

In 2022, countries that imported more from Gabon than Madagascar included China ($3.4B), Italy ($576M), and South Korea ($617M).

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

Comparative Advantage Madagascar - Gabon

Flow
Scale

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

During 2022, Madagascar had a large net trade with Gabon in the exports of Machines ($142k), Transportation ($61.6k), and Animal Products ($391).

During 2017, Gabon had a large net trade with Madagascar in the exports of Machines ($1.34M), Transportation ($660k), and Wood Products ($21.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Gabon+$2.4kTrailers and semi-trailers, not mechanically propelled vehicles
Top Product Potential Gabon Madagascar+$21kSawn Wood

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

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

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