Madagascar (MDG) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Madagascar-South Africa Trade: In 2023, Madagascar exported $161M to South Africa. The main products that Madagascar exported to South Africa were Knit T-shirts ($45.5M), Non-Knit Men's Suits ($21.6M), and Knit Sweaters ($20.1M). Over the past 5 years the exports of Madagascar to South Africa have increased at an annualized rate of 2.16%, from $144M in 2018 to $161M in 2023.

In 2023, Madagascar did not export any services to South Africa.

South Africa-Madagascar Trade: In 2023, South Africa exported $263M to Madagascar. The main products that South Africa exported to Madagascar were Coal Briquettes ($60.7M), Delivery Trucks ($20.5M), and Refined Petroleum ($11.4M). Over the past 5 years the exports of South Africa to Madagascar have decreased at an annualized rate of 0.076%, from $264M in 2018 to $263M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Madagascar exported $161M to South Africa. The main products exported from Madagascar to South Africa were Knit T-shirts ($45.5M), Non-Knit Men's Suits ($21.6M), and Knit Sweaters ($20.1M). During the last 5 years the exports of Madagascar to South Africa have increased at an annualized rate of 2.16%, from $144M in 2018 to $161M in 2023.

In 2018, South Africa exported $263M to Madagascar. The main products exported from South Africa to Madagascar were Coal Briquettes ($60.7M), Delivery Trucks ($20.5M), and Refined Petroleum ($11.4M). During the last 5 years the exports of South Africa to Madagascar have decreased at an annualized rate of 0.076%, from $264M in 2023 to $263M in 2018.

Exports from Madagascar () to South Africa () (2023)

Exports from South Africa () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and South Africa ()

Madagascar Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$669M

South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Madagascar than South Africa included France ($641M), Comoros ($7.69M), and Afghanistan ($2.72M).

In 2023, countries that imported more from South Africa than Madagascar included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa () and Madagascar () (2023)

Comparative Advantage Madagascar - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Madagascar had a large net trade with South Africa in the exports of Textiles ($151M), Chemical Products ($4.11M), and Vegetable Products ($2.51M).

During 2018, South Africa had a large net trade with Madagascar in the exports of Mineral Products ($73.5M), Machines ($61.7M), and Transportation ($37.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar South Africa+$4.19MNon-Knit Men's Suits

Top Product Potential South Africa Madagascar+$6.07MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to South Africa () (2023)

Exports from South Africa () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and South Africa ()

Madagascar Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Madagascar () (2023)

Comparative Advantage Madagascar - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and South Africa () (2023)

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