2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$42.3BCURRENT US$
Rnk 99 / 195
2013-2023
Flag
GDP GROWTH
114%CURRENT US$
Rnk 10 / 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
$2,430CURRENT US$
Rnk 150 / 196
2013-2023
Flag
GDP PC GROWTH
86.1%CURRENT US$
Rnk 13 / 195

About

Madagascar-Cambodia Trade: In 2023, Madagascar exported $4.83M to Cambodia. The main products that Madagascar exported to Cambodia were Scrap Copper ($1.93M), Sulfides ($1.32M), and Raw Copper ($1.14M). Over the past 5 years the exports of Madagascar to Cambodia have increased at an annualized rate of 108%, from $125k in 2018 to $4.83M in 2023.

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

Cambodia-Madagascar Trade: In 2023, Cambodia exported $31.1k to Madagascar. The main products that Cambodia exported to Madagascar were Decals ($14.7k), Synthetic Filament Yarn Woven Fabric ($6.99k), and Electric Heaters ($5.43k). Over the past 5 years the exports of Cambodia to Madagascar have decreased at an annualized rate of 26.6%,  from $200k in 2018 to $31.1k in 2023.

In 2023, Cambodia 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, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $4.83M to Cambodia. The main products exported from Madagascar to Cambodia were Scrap Copper ($1.93M), Sulfides ($1.32M), and Raw Copper ($1.14M). During the last 5 years the exports of Madagascar to Cambodia have increased at an annualized rate of 108%, from $125k in 2018 to $4.83M in 2023.

In 2018, Cambodia exported $31.1k to Madagascar. The main products exported from Cambodia to Madagascar were Decals ($14.7k), Synthetic Filament Yarn Woven Fabric ($6.99k), and Electric Heaters ($5.43k). During the last 5 years the exports of Cambodia to Madagascar have decreased at an annualized rate of 26.6%, from $200k in 2023 to $31.1k in 2018.

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

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

Latest Data

Trade between Madagascar (Flag) and Cambodia (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Cambodia
Top Destination
United States$12.2B

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

In 2023, countries that imported more from Madagascar than Cambodia included France ($641M), South Africa ($161M), and Indonesia ($165M).

In 2023, countries that imported more from Cambodia than Madagascar included United States ($12.2B), Germany ($2.1B), and China ($1.96B).

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

Comparative Advantage Madagascar - Cambodia

Flow
Scale

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

During 2023, Madagascar had a large net trade with Cambodia in the exports of Metals ($3.47M), Chemical Products ($1.32M), and Textiles ($18.2k).

During 2018, Cambodia had a large net trade with Madagascar in the exports of Paper Goods ($14.7k), Textiles ($8.82k), and Machines ($6.87k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Cambodia+$15.5kNon-Knit Men's Shirts
Top Product Potential Cambodia Madagascar+$6.7kToilet Paper

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

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

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