2023
Flag  
GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC 
$22,057CURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Poland-Madagascar Trade: In 2023, Poland exported $91.3M to Madagascar. The main products that Poland exported to Madagascar were Wheat ($87.7M), Insulated Wire ($755k), and Kraft Paper ($548k). Over the past 5 years the exports of Poland to Madagascar have increased at an annualized rate of 82.8%, from $4.47M in 2018 to $91.3M in 2023.

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

Madagascar-Poland Trade: In 2023, Madagascar exported $13.5M to Poland. The main products that Madagascar exported to Poland were Vanilla ($2.92M), Knit Sweaters ($1.78M), and Graphite ($1.28M). Over the past 5 years the exports of Madagascar to Poland have decreased at an annualized rate of 2.75%,  from $15.6M in 2018 to $13.5M in 2023.

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

Comparison: In 2023,  Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Poland exported $91.3M to Madagascar. The main products exported from Poland to Madagascar were Wheat ($87.7M), Insulated Wire ($755k), and Kraft Paper ($548k). During the last 5 years the exports of Poland to Madagascar have increased at an annualized rate of 82.8%, from $4.47M in 2018 to $91.3M in 2023.

In 2018, Madagascar exported $13.5M to Poland. The main products exported from Madagascar to Poland were Vanilla ($2.92M), Knit Sweaters ($1.78M), and Graphite ($1.28M). During the last 5 years the exports of Madagascar to Poland have decreased at an annualized rate of 2.75%, from $15.6M in 2023 to $13.5M in 2018.

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

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

Latest Data

Trade between Poland (Flag) and Madagascar (Flag)

Poland Exports

Madagascar Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$84B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Poland than Madagascar included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

In 2023, countries that imported more from Madagascar than Poland included Mauritius ($46.5M) and Eritrea ($313k).

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

Comparative Advantage Poland - Madagascar

Flow
Scale

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

During 2023, Poland had a large net trade with Madagascar in the exports of Vegetable Products ($87.7M), Machines ($1.16M), and Paper Goods ($549k).

During 2018, Madagascar had a large net trade with Poland in the exports of Textiles ($5.57M), Vegetable Products ($4.84M), and Mineral Products ($1.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland Madagascar+$362kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Madagascar Poland+$1.44MNon-Knit Women's Suits

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

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

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