Madagascar (MDG) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Madagascar-Chinese Taipei Trade: In 2022, Madagascar exported $104M to Chinese Taipei. The main products that Madagascar exported to Chinese Taipei were Raw Nickel ($56.2M), Cobalt ($44.6M), and Graphite ($636k). Over the past 5 years the exports of Madagascar to Chinese Taipei have increased at an annualized rate of 28.2%, from $29.9M in 2017 to $104M in 2022.

In 2022, Madagascar did not export any services to Chinese Taipei.

Chinese Taipei-Madagascar Trade: In 2022, Chinese Taipei exported $34.2M to Madagascar. The main products that Chinese Taipei exported to Madagascar were Light Rubberized Knitted Fabric ($8.98M), Synthetic Filament Yarn Woven Fabric ($4.65M), and Motorcycles and cycles ($3.04M). Over the past 5 years the exports of Chinese Taipei to Madagascar have increased at an annualized rate of 5.98%, from $25.5M in 2017 to $34.2M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Madagascar exported $104M to Chinese Taipei. The main products exported from Madagascar to Chinese Taipei were Raw Nickel ($56.2M), Cobalt ($44.6M), and Graphite ($636k). During the last 5 years the exports of Madagascar to Chinese Taipei have increased at an annualized rate of 28.2%, from $29.9M in 2017 to $104M in 2022.

In 2017, Chinese Taipei exported $34.2M to Madagascar. The main products exported from Chinese Taipei to Madagascar were Light Rubberized Knitted Fabric ($8.98M), Synthetic Filament Yarn Woven Fabric ($4.65M), and Motorcycles and cycles ($3.04M). During the last 5 years the exports of Chinese Taipei to Madagascar have increased at an annualized rate of 5.98%, from $25.5M in 2022 to $34.2M in 2017.

Exports from Madagascar () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Madagascar () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Madagascar than Chinese Taipei included Comoros ($7.03M), Malawi ($3.29M), and Central African Republic ($1M).

In 2022, countries that imported more from Chinese Taipei than Madagascar included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Madagascar () (2022)

Comparative Advantage Madagascar - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Madagascar had a large net trade with Chinese Taipei in the exports of Metals ($101M), Textiles ($935k), and Mineral Products ($688k).

During 2017, Chinese Taipei had a large net trade with Madagascar in the exports of Textiles ($19.6M), Machines ($4.81M), and Transportation ($3.28M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Madagascar () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Madagascar () (2022)

Comparative Advantage Madagascar - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Chinese Taipei () (2022)

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