2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Madagascar-Namibia Trade: In 2022, Madagascar exported $1.58M to Namibia. The main products that Madagascar exported to Namibia were Knit T-shirts ($494k), Non-Knit Men's Suits ($409k), and Knit Sweaters ($157k). Over the past 5 years the exports of Madagascar to Namibia have increased at an annualized rate of 56.5%, from $168k in 2017 to $1.58M in 2022.

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

Namibia-Madagascar Trade: In 2022, Namibia exported $52 to Madagascar. The main products that Namibia exported to Madagascar were Beauty Products ($45), Light Rubberized Knitted Fabric ($6), and Flavored Water ($1). Over the past 5 years the exports of Namibia to Madagascar have decreased at an annualized rate of 78.3%,  from $107k in 2017 to $52 in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $1.58M to Namibia. The main products exported from Madagascar to Namibia were Knit T-shirts ($494k), Non-Knit Men's Suits ($409k), and Knit Sweaters ($157k). During the last 5 years the exports of Madagascar to Namibia have increased at an annualized rate of 56.5%, from $168k in 2017 to $1.58M in 2022.

In 2017, Namibia exported $52 to Madagascar. The main products exported from Namibia to Madagascar were Beauty Products ($45), Light Rubberized Knitted Fabric ($6), and Flavored Water ($1). During the last 5 years the exports of Namibia to Madagascar have decreased at an annualized rate of 78.3%, from $107k in 2022 to $52 in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Namibia (Flag)

Madagascar Exports

Namibia Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Namibia
Top Destination
South Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Madagascar included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Madagascar - Namibia

Flow
Scale

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

During 2022, Madagascar had a large net trade with Namibia in the exports of Textiles ($1.57M), Vegetable Products ($3.53k), and Footwear and Headwear ($1.36k).

During 2017, Namibia had a large net trade with Madagascar in the exports of Chemical Products ($45), Textiles ($6), and Foodstuffs ($1).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Namibia+$320kNon-Knit Men's Suits
Top Product Potential Namibia Madagascar+$3.33kRefined 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 Namibia. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Madagascar.

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

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