2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 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
$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

Madagascar-Malawi Trade: In 2023, Madagascar exported $3.26M to Malawi. The main products that Madagascar exported to Malawi were Nitrogenous Fertilizers ($3.26M) and Knit T-shirts ($1.52k). Over the past 5 years the exports of Madagascar to Malawi have increased at an annualized rate of 20.4%, from $1.29M in 2018 to $3.26M in 2023.

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

Malawi-Madagascar Trade: In 2023, Malawi exported $527k to Madagascar. The main products that Malawi exported to Madagascar were Malt Extract ($501k), Scented Mixtures ($15.7k), and Other Plastic Products ($2.84k). Over the past 5 years the exports of Malawi to Madagascar have decreased at an annualized rate of 10.5%,  from $919k in 2018 to $527k in 2023.

In 2023, Malawi 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, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $3.26M to Malawi. The main products exported from Madagascar to Malawi were Nitrogenous Fertilizers ($3.26M) and Knit T-shirts ($1.52k). During the last 5 years the exports of Madagascar to Malawi have increased at an annualized rate of 20.4%, from $1.29M in 2018 to $3.26M in 2023.

In 2018, Malawi exported $527k to Madagascar. The main products exported from Malawi to Madagascar were Malt Extract ($501k), Scented Mixtures ($15.7k), and Other Plastic Products ($2.84k). During the last 5 years the exports of Malawi to Madagascar have decreased at an annualized rate of 10.5%, from $919k in 2023 to $527k in 2018.

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

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

Latest Data

Trade between Madagascar (Flag) and Malawi (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from Madagascar than Malawi included United States ($669M), France ($641M), and Japan ($345M).

In 2023, countries that imported more from Malawi than Madagascar included Zimbabwe ($52.4M), Tanzania ($38.2M), and Zambia ($34.5M).

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

Comparative Advantage Madagascar - Malawi

Flow
Scale

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

During 2023, Madagascar had a large net trade with Malawi in the exports of Chemical Products ($3.26M) and Textiles ($1.52k).

During 2018, Malawi had a large net trade with Madagascar in the exports of Foodstuffs ($501k), Chemical Products ($15.7k), and Plastics and Rubbers ($2.93k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Malawi+$7.82kRefined Petroleum
Top Product Potential Malawi Madagascar+$2.56kRaw Tobacco

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

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

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