Uzbekistan (UZB) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Uzbekistan-Madagascar Trade: In 2023, Uzbekistan exported $1.23M to Madagascar. The main products that Uzbekistan exported to Madagascar were Knit T-shirts ($1.22M) and Potassic Fertilizers ($15.2k). Over the past 16 years the exports of Uzbekistan to Madagascar have increased at an annualized rate of 94.2%, from $30 in 2007 to $1.23M in 2023.

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

Madagascar-Uzbekistan Trade: In 2023, Madagascar exported $62.8k to Uzbekistan. The main products that Madagascar exported to Uzbekistan were Cloves ($26.4k), Knit Sweaters ($15.1k), and Non-Knit Women's Suits ($7.96k). Over the past 16 years the exports of Madagascar to Uzbekistan have increased at an annualized rate of 71.4%, from $4.25k in 2007 to $62.8k in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $1.23M to Madagascar. The main products exported from Uzbekistan to Madagascar were Knit T-shirts ($1.22M) and Potassic Fertilizers ($15.2k). During the last 16 years the exports of Uzbekistan to Madagascar have increased at an annualized rate of 94.2%, from $30 in 2007 to $1.23M in 2023.

In 2018, Madagascar exported $62.8k to Uzbekistan. The main products exported from Madagascar to Uzbekistan were Cloves ($26.4k), Knit Sweaters ($15.1k), and Non-Knit Women's Suits ($7.96k). During the last 5 years the exports of Madagascar to Uzbekistan have increased at an annualized rate of 71.4%, from $4.25k in 2023 to $62.8k in 2018.

Exports from Uzbekistan () to Madagascar () (2023)

Exports from Madagascar () to Uzbekistan () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from Uzbekistan than Madagascar included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

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

Difference in imports from Madagascar () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Madagascar in the exports of Textiles ($1.22M) and Chemical Products ($15.2k).

During 2018, Madagascar had a large net trade with Uzbekistan in the exports of Textiles ($35.3k), Vegetable Products ($26.4k), and Footwear and Headwear ($561).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Madagascar+$2.06kNon-Retail Pure Cotton Yarn

Top Product Potential Madagascar Uzbekistan+$2.06kRefined 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 Uzbekistan and Madagascar. This means that a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Uzbekistan.

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Madagascar () (2023)

Exports from Madagascar () to Uzbekistan () (2023)

Market Competitiveness

Difference in imports from Madagascar () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Madagascar () (2023)

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