2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$108BCURRENT US$
Rnk 67 / 195
2013-2023
Flag
GDP GROWTH
75.2%CURRENT US$
Rnk 34 / 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
$1,952CURRENT US$
Rnk 160 / 196
2013-2023
Flag
GDP PC GROWTH
42.4%CURRENT US$
Rnk 57 / 195

About

Madagascar-Kenya Trade: In 2023, Madagascar exported $12.4M to Kenya. The main products that Madagascar exported to Kenya were Raw Sugar ($6.52M), Essential Oils ($2.33M), and Refined Petroleum ($1.85M). Over the past 5 years the exports of Madagascar to Kenya have decreased at an annualized rate of 4.7%, from $15.8M in 2018 to $12.4M in 2023.

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

Kenya-Madagascar Trade: In 2023, Kenya exported $9.82M to Madagascar. The main products that Kenya exported to Madagascar were Stearic Acid ($1.17M), Palm Oil ($1.15M), and Coffee ($1.13M). Over the past 5 years the exports of Kenya to Madagascar have increased at an annualized rate of 0.49%,  from $9.49M in 2018 to $9.82M in 2023.

In 2023, Kenya 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, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $12.4M to Kenya. The main products exported from Madagascar to Kenya were Raw Sugar ($6.52M), Essential Oils ($2.33M), and Refined Petroleum ($1.85M). During the last 5 years the exports of Madagascar to Kenya have decreased at an annualized rate of 4.7%, from $15.8M in 2018 to $12.4M in 2023.

In 2018, Kenya exported $9.82M to Madagascar. The main products exported from Kenya to Madagascar were Stearic Acid ($1.17M), Palm Oil ($1.15M), and Coffee ($1.13M). During the last 5 years the exports of Kenya to Madagascar have increased at an annualized rate of 0.49%, from $9.49M in 2023 to $9.82M in 2018.

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

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

Latest Data

Trade between Madagascar (Flag) and Kenya (Flag)

Madagascar Exports

Kenya Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Kenya
Top Destination
Uganda$893M

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

In 2023, countries that imported more from Madagascar than Kenya included France ($641M), South Korea ($271M), and Japan ($345M).

In 2023, countries that imported more from Kenya than Madagascar included Uganda ($893M), United Arab Emirates ($716M), and Netherlands ($706M).

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

Comparative Advantage Madagascar - Kenya

Flow
Scale

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

During 2023, Madagascar had a large net trade with Kenya in the exports of Foodstuffs ($7.51M), Chemical Products ($2.7M), and Mineral Products ($1.85M).

During 2018, Kenya had a large net trade with Madagascar in the exports of Vegetable Products ($3.14M), Animal and Vegetable Bi-Products ($2.31M), and Chemical Products ($1.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Kenya+$1.53MRefined Petroleum
Top Product Potential Kenya Madagascar+$229kRefined 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 Kenya. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Kenya. Similarly, a dot/product with the flag of Kenya indicates it has a comparative advantage over Madagascar.

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

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