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Pricing

2022
Flag → Flag
Exports $36.5kRnk 88 / 142
2022
Flag → Flag
Top Product $14.1kUsed Clothing
2022
Flag → Flag
Exports $422kRnk 94 / 157
2022
Flag → Flag
Top Product $202kVegetable Plaiting Materials
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Rwanda-Madagascar Trade: In 2022, Rwanda exported $36.5k to Madagascar. The main products that Rwanda exported to Madagascar were Used Clothing ($14.1k), Rubberworking Machinery ($10.9k), and Scrap Plastic ($4.72k). Over the past 5 years the exports of Rwanda to Madagascar have increased at an annualized rate of 105%, from $1.01k in 2017 to $36.5k in 2022.

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

Madagascar-Rwanda Trade: In 2022, Madagascar exported $422k to Rwanda. The main products that Madagascar exported to Rwanda were Vegetable Plaiting Materials ($202k), Rubber Footwear ($69k), and Refined Petroleum ($45.5k). Over the past 5 years the exports of Madagascar to Rwanda have decreased at an annualized rate of 12.5%,  from $822k in 2017 to $422k in 2022.

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

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $36.5k to Madagascar. The main products exported from Rwanda to Madagascar were Used Clothing ($14.1k), Rubberworking Machinery ($10.9k), and Scrap Plastic ($4.72k). During the last 5 years the exports of Rwanda to Madagascar have increased at an annualized rate of 105%, from $1.01k in 2017 to $36.5k in 2022.

In 2017, Madagascar exported $422k to Rwanda. The main products exported from Madagascar to Rwanda were Vegetable Plaiting Materials ($202k), Rubber Footwear ($69k), and Refined Petroleum ($45.5k). During the last 5 years the exports of Madagascar to Rwanda have decreased at an annualized rate of 12.5%, from $822k in 2022 to $422k in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Madagascar (Flag)

Rwanda Exports

Madagascar Exports

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Rwanda than Madagascar included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

In 2022, countries that imported more from Madagascar than Rwanda included United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Rwanda - Madagascar

Flow
Scale

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

During 2022, Rwanda had a large net trade with Madagascar in the exports of Textiles ($14.1k), Machines ($12.9k), and Plastics and Rubbers ($4.72k).

During 2017, Madagascar had a large net trade with Rwanda in the exports of Vegetable Products ($203k), Footwear and Headwear ($69k), and Textiles ($60.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Madagascar+$1.55kMalt Extract
Top Product Potential Madagascar Rwanda+$54.3kRefined 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

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

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

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