2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 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
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Madagascar-Palestine Trade: In 2022, Madagascar exported $106k to Palestine. The main products that Madagascar exported to Palestine were N/A. Over the past 6 years the exports of Madagascar to Palestine have increased at an annualized rate of 67.9%, from $4.71k in 2016 to $106k in 2022.

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

Palestine-Madagascar In N/A, Palestine did not export any products to Madagascar.

In 2022, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $106k to Palestine. There were not main exports from Madagascar to Palestine in 2022. During the last 6 years the exports of Madagascar to Palestine have increased at an annualized rate of 67.9%, from $4.71k in 2016 to $106k in 2022.

Palestine does not register exports to Madagascar. The main products exported from Palestine to Madagascar were Bells and Other Metal Ornaments ($958).

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

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

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Palestine
Top Destination
Jordan$96.6M

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

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

In 2023, countries that imported more from Palestine than Madagascar included Jordan ($96.6M), Saudi Arabia ($8.53M), and Qatar ($3.04M).

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

Comparative Advantage Madagascar - Palestine

Flow
Scale

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

During 2022, Madagascar had a large net trade with Palestine in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Madagascar and Palestine. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Palestine. Similarly, a dot/product with the flag of Palestine indicates it has a comparative advantage over Madagascar.

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

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