2022
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GDP
$15BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$1.32TCURRENT US$
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2012-2022
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GDP GROWTH
43.7%CURRENT US$
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2022
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GDP PC 
$505CURRENT US$
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2012-2022
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GDP PC GROWTH
0.17%CURRENT US$
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2022
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GDP PC
$4,788CURRENT US$
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2012-2022
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GDP PC GROWTH
30.5%CURRENT US$
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About

Madagascar-Indonesia In 2022, Madagascar exported $147M to Indonesia. The main products that Madagascar exported to Indonesia are Cloves ($107M), Essential Oils ($31.8M), and Fake Hair ($2.97M). During the last 27 years the exports of Madagascar to Indonesia have increased at an annualized rate of 26.4%, from $260k in 1995 to $147M in 2022.

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

Indonesia-Madagascar In 2022, Indonesia exported $79.5M to Madagascar. The main products that Indonesia exported to Madagascar were Soap ($13.3M), Palm Oil ($11.9M), and Cranes ($5.62M). During the last 27 years the exports of Indonesia to Madagascar have increased at an annualized rate of 13.9%, from $2.36M in 1995 to $79.5M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $147M to Indonesia. The main products exported from Madagascar to Indonesia were Cloves ($107M), Essential Oils ($31.8M), and Fake Hair ($2.97M). During the last 27 years the exports of Madagascar to Indonesia have increased at an annualized rate of 26.4%, from $260k in 1995 to $147M in 2022.

In 2022, Indonesia exported $79.5M to Madagascar. The main products exported from Indonesia to Madagascar were Soap ($13.3M), Palm Oil ($11.9M), and Cranes ($5.62M). During the last 27 years the exports of Indonesia to Madagascar have increased at an annualized rate of 13.9%, from $2.36M in 1995 to $79.5M in 2022.

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

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

Latest Data

Trade between Madagascar (Flag) and Indonesia (Flag)

Madagascar Exports

Indonesia Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Indonesia
Top Destination
China$67.7B

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

In 2021, countries that imported more from Madagascar than Indonesia were Comoros ($7.03M).

In 2021, countries that imported more from Indonesia than Madagascar were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Madagascar - Indonesia

Flow
Scale

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

During 2022, Madagascar had a large net trade with Indonesia in the exports of Vegetable Products ($108M), Chemical Products ($33.7M), and Footwear and Headwear ($3.44M).

During 2022, Indonesia had a large net trade with Madagascar in the exports of Chemical Products ($25.3M), Animal and Vegetable Bi-Products ($17.6M), and Paper Goods ($10.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Madagascar has comparative advantage over Indonesia. Similarly, the more yellow a dot/product is, the more Indonesia has comparative advantage over Madagascar.

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

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