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2023
Flag → Flag
Exports $669MRnk 1 / 156
2023
Flag → Flag
Top Product $143MVanilla
2023
Flag → Flag
Exports $107MRnk 154 / 220
2023
Flag → Flag
Top Product $21.2MValves
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Madagascar-United States Trade: In 2023, Madagascar exported $669M to United States. The main products that Madagascar exported to United States were Vanilla ($143M), Non-Knit Men's Suits ($90.5M), and Non-Knit Men's Shirts ($47.9M). Over the past 5 years the exports of Madagascar to United States have decreased at an annualized rate of 5.25%, from $876M in 2018 to $669M in 2023.

In 2023, Madagascar did not export any services to United States.

United States-Madagascar Trade: In 2023, United States exported $107M to Madagascar. The main products that United States exported to Madagascar were Valves ($21.2M), Liquid Pumps ($16.2M), and Sorghum ($8.24M). Over the past 5 years the exports of United States to Madagascar have decreased at an annualized rate of 4.38%,  from $134M in 2018 to $107M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $669M to United States. The main products exported from Madagascar to United States were Vanilla ($143M), Non-Knit Men's Suits ($90.5M), and Non-Knit Men's Shirts ($47.9M). During the last 5 years the exports of Madagascar to United States have decreased at an annualized rate of 5.25%, from $876M in 2018 to $669M in 2023.

In 2018, United States exported $107M to Madagascar. The main products exported from United States to Madagascar were Valves ($21.2M), Liquid Pumps ($16.2M), and Sorghum ($8.24M). During the last 5 years the exports of United States to Madagascar have decreased at an annualized rate of 4.38%, from $134M in 2023 to $107M in 2018.

Exports from Madagascar (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Madagascar (Flag) (2023)

Latest Data

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

Madagascar Exports

United States Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$669M
United States
Top DestinationCanada$269B

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 2023, countries that imported more from Madagascar than United States included Comoros ($7.69M).

In 2023, countries that imported more from United States than Madagascar included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Madagascar (Flag) (2023)

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 2023, Madagascar had a large net trade with United States in the exports of Textiles ($344M), Vegetable Products ($150M), and Metals ($68.9M).

During 2018, United States had a large net trade with Madagascar in the exports of Machines ($52.3M), Vegetable Products ($16.3M), and Chemical Products ($7.2M).

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) (2023)

Keep Exploring

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