2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 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
$1,331CURRENT US$
Rnk 171 / 196
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195

About

Madagascar-Zambia Trade: In 2023, Madagascar exported $530k to Zambia. The main products that Madagascar exported to Zambia were Nitrogenous Fertilizers ($123k), Non-Knit Men's Suits ($99.8k), and Non-Knit Men's Shirts ($58.9k). Over the past 5 years the exports of Madagascar to Zambia have increased at an annualized rate of 84.8%, from $24.6k in 2018 to $530k in 2023.

In 2023, Madagascar did not export any services to Zambia.

Zambia-Madagascar Trade: In 2023, Zambia exported $1.82M to Madagascar. The main products that Zambia exported to Madagascar were Poultry ($734k), Prefabricated Buildings ($349k), and Malt Extract ($324k). Over the past 5 years the exports of Zambia to Madagascar have increased at an annualized rate of 51.1%,  from $231k in 2018 to $1.82M in 2023.

In 2023, Zambia 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, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $530k to Zambia. The main products exported from Madagascar to Zambia were Nitrogenous Fertilizers ($123k), Non-Knit Men's Suits ($99.8k), and Non-Knit Men's Shirts ($58.9k). During the last 5 years the exports of Madagascar to Zambia have increased at an annualized rate of 84.8%, from $24.6k in 2018 to $530k in 2023.

In 2018, Zambia exported $1.82M to Madagascar. The main products exported from Zambia to Madagascar were Poultry ($734k), Prefabricated Buildings ($349k), and Malt Extract ($324k). During the last 5 years the exports of Zambia to Madagascar have increased at an annualized rate of 51.1%, from $231k in 2023 to $1.82M in 2018.

Exports from Madagascar (Flag) to Zambia (Flag) (2023)

Exports from Zambia (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and Zambia (Flag)

Madagascar Exports

Zambia Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Zambia
Top Destination
Switzerland$4.26B

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

In 2023, countries that imported more from Madagascar than Zambia included France ($641M), United States ($669M), and Japan ($345M).

In 2023, countries that imported more from Zambia than Madagascar included Switzerland ($4.26B), China ($2.39B), and India ($2.11B).

Difference in imports from Zambia (Flag) and Madagascar (Flag) (2023)

Comparative Advantage Madagascar - Zambia

Flow
Scale

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

During 2023, Madagascar had a large net trade with Zambia in the exports of Textiles ($375k), Chemical Products ($123k), and Mineral Products ($26.4k).

During 2018, Zambia had a large net trade with Madagascar in the exports of Animal Products ($734k), Miscellaneous ($349k), and Foodstuffs ($324k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Zambia+$404kNitrogenous Fertilizers
Top Product Potential Zambia Madagascar+$77.8kFerroalloys

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

Product Space of Madagascar (Flag) and Zambia (Flag) (2023)

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