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2022
Flag → Flag
Exports $756MRnk 1 / 157
2022
Flag → Flag
Top Product $214MVanilla
2022
Flag → Flag
Exports $98MRnk 162 / 219
2022
Flag → Flag
Top Product $12.5MLiquid Pumps
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Madagascar-United States Trade: In 2022, Madagascar exported $756M to United States. The main products that Madagascar exported to United States were Vanilla ($214M), Non-Knit Men's Suits ($83.2M), and Titanium Ore ($61.9M). Over the past 5 years the exports of Madagascar to United States have increased at an annualized rate of 4.58%, from $604M in 2017 to $756M in 2022.

In 2022, Madagascar did not export any services to United States.

United States-Madagascar Trade: In 2022, United States exported $98M to Madagascar. The main products that United States exported to Madagascar were Liquid Pumps ($12.5M), Copper Ore ($10.7M), and Valves ($8.35M). Over the past 5 years the exports of United States to Madagascar have increased at an annualized rate of 1.16%,  from $92.5M in 2017 to $98M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $756M to United States. The main products exported from Madagascar to United States were Vanilla ($214M), Non-Knit Men's Suits ($83.2M), and Titanium Ore ($61.9M). During the last 5 years the exports of Madagascar to United States have increased at an annualized rate of 4.58%, from $604M in 2017 to $756M in 2022.

In 2017, United States exported $98M to Madagascar. The main products exported from United States to Madagascar were Liquid Pumps ($12.5M), Copper Ore ($10.7M), and Valves ($8.35M). During the last 5 years the exports of United States to Madagascar have increased at an annualized rate of 1.16%, from $92.5M in 2022 to $98M in 2017.

Exports from Madagascar (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and United States (Flag)

Madagascar Exports

United States Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Madagascar than United States included Comoros ($7.03M) and North Korea ($1.51k).

In 2022, countries that imported more from United States than Madagascar included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - United States

Flow
Scale

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

During 2022, Madagascar had a large net trade with United States in the exports of Textiles ($362M), Vegetable Products ($221M), and Mineral Products ($72.8M).

During 2017, United States had a large net trade with Madagascar in the exports of Machines ($29.6M), Vegetable Products ($16M), and Chemical Products ($13.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar United States+$44.3MKnit Sweaters
Top Product Potential United States Madagascar+$5.02MVaccines, blood, antisera, toxins and cultures

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

Product Space of Madagascar (Flag) and United States (Flag) (2022)

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