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2022
Flag → Flag
Exports $205MRnk 74 / 218
2022
Flag → Flag
Top Product $165MPalm Oil
2022
Flag → Flag
Exports $14.4MRnk 25 / 157
2022
Flag → Flag
Top Product $6.23MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Malaysia-Madagascar Trade: In 2022, Malaysia exported $205M to Madagascar. The main products that Malaysia exported to Madagascar were Palm Oil ($165M), Malt Extract ($4.91M), and Concentrated Milk ($4.81M). Over the past 5 years the exports of Malaysia to Madagascar have increased at an annualized rate of 12.2%, from $115M in 2017 to $205M in 2022.

In 2022, Malaysia did not export any services to Madagascar.

Madagascar-Malaysia Trade: In 2022, Madagascar exported $14.4M to Malaysia. The main products that Madagascar exported to Malaysia were Cocoa Beans ($6.23M), Cloves ($5.62M), and Nitrogenous Fertilizers ($824k). Over the past 5 years the exports of Madagascar to Malaysia have increased at an annualized rate of 30.8%,  from $3.75M in 2017 to $14.4M in 2022.

In 2022, Madagascar did not export any services to Malaysia.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

September, 2024

About

Overview In September 2024, Malaysia exported MYR9.67M and imported MYR2.49M from Madagascar, resulting in a positive trade balance of MYR7.19M. Between September 2023 and September 2024 the exports of Malaysia have decreased by MYR-57.1M (-85.5%) from MYR66.7M to MYR9.67M, while imports decreased by MYR-2.62M (-51.3%) from MYR5.11M to MYR2.49M.

Trade In September 2024, the top exports of Malaysia to Madagascar were Palm Oil (MYR54.2M), Other Vegetable Oils (MYR1.2M), Margarine (MYR804k), Concentrated Milk (MYR787k), and Malt Extract (MYR787k). In September 2024 the top imports of Malaysia from Madagascar were Cocoa Beans (MYR6.92M), Cloves (MYR387k), Oscilloscopes (MYR264k), Vegetable Saps (MYR12.6k), and Basketwork (MYR10.3k).

Growth In September 2024, the decrease in Malaysia's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in Malt Extract (MYR-4.89M or -86.1%), Concentrated Milk (MYR-696k or -46.9%), and Cocoa Powder (MYR-109k or -37.8%). In September 2024, the decrease in Malaysia's year-by-year imports  from Madagascar was explained primarily by an decrease in product imports  in Cloves (MYR-15.9k or -3.93%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)MYR-57.1M(-85.5%)
IMPORT GROWTH (September 2023 - September 2024)MYR-2.62M(-51.3%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Madagascar and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Madagascar and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $205M to Madagascar. The main products exported from Malaysia to Madagascar were Palm Oil ($165M), Malt Extract ($4.91M), and Concentrated Milk ($4.81M). During the last 5 years the exports of Malaysia to Madagascar have increased at an annualized rate of 12.2%, from $115M in 2017 to $205M in 2022.

In 2017, Madagascar exported $14.4M to Malaysia. The main products exported from Madagascar to Malaysia were Cocoa Beans ($6.23M), Cloves ($5.62M), and Nitrogenous Fertilizers ($824k). During the last 5 years the exports of Madagascar to Malaysia have increased at an annualized rate of 30.8%, from $3.75M in 2022 to $14.4M in 2017.

Exports from Malaysia (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Malaysia than Madagascar included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Madagascar than Malaysia included Chad ($1.17M), Turks and Caicos Islands ($322k), and San Marino ($2.38k).

Difference in imports from Madagascar (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Madagascar

Flow
Scale

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

During 2022, Malaysia had a large net trade with Madagascar in the exports of Animal and Vegetable Bi-Products ($180M), Foodstuffs ($6.61M), and Animal Products ($4.96M).

During 2017, Madagascar had a large net trade with Malaysia in the exports of Foodstuffs ($6.35M), Vegetable Products ($5.93M), and Chemical Products ($1.24M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Madagascar+$1.38MIndustrial Fatty Acids, Oils and Alcohols
Top Product Potential Madagascar Malaysia+$1.66MCocoa Beans

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

Product Space of Malaysia (Flag) and Madagascar (Flag) (2022)

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