2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Madagascar-Turkmenistan Trade: In 2018, Madagascar exported $9.72k to Turkmenistan. The main products that Madagascar exported to Turkmenistan were N/A. Over the past 10 years the exports of Madagascar to Turkmenistan have increased at an annualized rate of 0.97%, from $8.82k in 2008 to $9.72k in 2018.

In 2018, Madagascar did not export any services to Turkmenistan.

Turkmenistan-Madagascar Trade: In 2018, Turkmenistan exported $95 to Madagascar. The main products that Turkmenistan exported to Madagascar were Labels ($95). Over the past 10 years the exports of Turkmenistan to Madagascar have increased at an annualized rate of 29.6%,  from $26 in 2008 to $95 in 2018.

In 2018, Turkmenistan 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, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Madagascar exported $9.72k to Turkmenistan. There were not main exports from Madagascar to Turkmenistan in 2018. During the last 10 years the exports of Madagascar to Turkmenistan have increased at an annualized rate of 0.97%, from $8.82k in 2008 to $9.72k in 2018.

In 2017, Turkmenistan exported $95 to Madagascar. The main products exported from Turkmenistan to Madagascar were Labels ($95). During the last 5 years the exports of Turkmenistan to Madagascar have increased at an annualized rate of 29.6%, from $26 in 2022 to $95 in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Turkmenistan (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Turkmenistan
Top Destination
China$8.88B

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

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

In 2022, countries that imported more from Turkmenistan than Madagascar included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

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

Comparative Advantage Madagascar - Turkmenistan

Flow
Scale

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

During 2018, Madagascar had a large net trade with Turkmenistan in the exports of .

During 2017, Turkmenistan had a large net trade with Madagascar in the exports of Textiles ($95).

Economic Complexity

Competitive Landscape

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

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

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