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Pricing

2022
Flag → Flag
Exports $11.2kRnk 144 / 157
2022
Flag → Flag
Top Product $11.2kCloves
2022
Flag → Flag
Exports $321Rnk 4 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 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$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Madagascar-Jamaica Trade: In 2022, Madagascar exported $11.2k to Jamaica. The main products that Madagascar exported to Jamaica were Cloves ($11.2k). Over the past 6 years the exports of Madagascar to Jamaica have decreased at an annualized rate of 12.7%, from $25.4k in 2016 to $11.2k in 2022.

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

Jamaica-Madagascar Trade: In 2022, Jamaica exported $321 to Madagascar. The main products that Jamaica exported to Madagascar were N/A. Over the past 6 years the exports of Jamaica to Madagascar have decreased at an annualized rate of 33.1%,  from $2.39k in 2016 to $321 in 2022.

In 2022, Jamaica 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, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $11.2k to Jamaica. The main products exported from Madagascar to Jamaica were Cloves ($11.2k). During the last 6 years the exports of Madagascar to Jamaica have decreased at an annualized rate of 12.7%, from $25.4k in 2016 to $11.2k in 2022.

In 2012, Jamaica exported $321 to Madagascar. There were not main exports from Jamaica to Madagascar in 2012. During the last 5 years the exports of Jamaica to Madagascar have decreased at an annualized rate of 33.1%, from $2.39k in 2017 to $321 in 2012.

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

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

Latest Data

Trade between Madagascar (Flag) and Jamaica (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Madagascar than Jamaica included France ($634M), China ($538M), and Japan ($448M).

In 2022, countries that imported more from Jamaica than Madagascar included United States ($1.11B), Russia ($99.7M), and Iceland ($39.5M).

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

Comparative Advantage Madagascar - Jamaica

Flow
Scale

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

During 2022, Madagascar had a large net trade with Jamaica in the exports of Vegetable Products ($11.2k).

During 2012, Jamaica had a large net trade with Madagascar in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Jamaica+$10.1kCloves
Top Product Potential Jamaica Madagascar+$2.57kRefined 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 Jamaica. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Madagascar.

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

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