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Pricing

2020
Flag → Flag
Exports $92.5kRnk 75 / 0
2020
Flag → Flag
Exports $319Rnk 95 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 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$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Madagascar-Laos Trade: In 2020, Madagascar exported $92.5k to Laos. The main products that Madagascar exported to Laos were N/A. Over the past 19 years the exports of Madagascar to Laos have increased at an annualized rate of 13.2%, from $8.72k in 2001 to $92.5k in 2020.

In 2020, Madagascar did not export any services to Laos.

Laos-Madagascar Trade: In 2020, Laos exported $319 to Madagascar. The main products that Laos exported to Madagascar were N/A. Over the past 19 years the exports of Laos to Madagascar have decreased at an annualized rate of 76.4%,  from $437k in 2001 to $319 in 2020.

In 2020, Laos 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, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Madagascar exported $92.5k to Laos. There were not main exports from Madagascar to Laos in 2020. During the last 19 years the exports of Madagascar to Laos have increased at an annualized rate of 13.2%, from $8.72k in 2001 to $92.5k in 2020.

In 2016, Laos exported $319 to Madagascar. There were not main exports from Laos to Madagascar in 2016. During the last 5 years the exports of Laos to Madagascar have decreased at an annualized rate of 76.4%, from $437k in 2021 to $319 in 2016.

Exports from Madagascar (Flag) to Laos (Flag) (2021)

Exports from Laos (Flag) to Madagascar (Flag) (2021)

Latest Data

Trade between Madagascar (Flag) and Laos (Flag)

Madagascar Exports

Laos Exports

Date

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Laos
Top DestinationThailand$3.29B

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

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

In 2022, countries that imported more from Laos than Madagascar included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

Comparative Advantage Madagascar - Laos

Flow
Scale

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

During 2020, Madagascar had a large net trade with Laos in the exports of .

During 2016, Laos had a large net trade with Madagascar in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Laos+$2.37kRefined Petroleum
Top Product Potential Laos Madagascar+$1.81kRice

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

Product Space of Madagascar (Flag) and Laos (Flag) (2021)

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