2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Angola-Madagascar Trade: In 2022, Angola exported $152 to Madagascar. The main products that Angola exported to Madagascar were Broadcasting Equipment ($152). Over the past 5 years the exports of Angola to Madagascar have decreased at an annualized rate of 19.8%, from $457 in 2017 to $152 in 2022.

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

Madagascar-Angola Trade: In 2022, Madagascar exported $79.5k to Angola. The main products that Madagascar exported to Angola were Dried Legumes ($61.2k), Refined Petroleum ($15k), and Other Processed Fruits and Nuts ($2.8k). Over the past 5 years the exports of Madagascar to Angola have increased at an annualized rate of 21.2%,  from $30.4k in 2017 to $79.5k in 2022.

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

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). 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, Angola exported $152 to Madagascar. The main products exported from Angola to Madagascar were Broadcasting Equipment ($152). During the last 5 years the exports of Angola to Madagascar have decreased at an annualized rate of 19.8%, from $457 in 2017 to $152 in 2022.

In 2017, Madagascar exported $79.5k to Angola. The main products exported from Madagascar to Angola were Dried Legumes ($61.2k), Refined Petroleum ($15k), and Other Processed Fruits and Nuts ($2.8k). During the last 5 years the exports of Madagascar to Angola have increased at an annualized rate of 21.2%, from $30.4k in 2022 to $79.5k in 2017.

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

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

Latest Data

Trade between Angola (Flag) and Madagascar (Flag)

Angola Exports

Madagascar Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Angola than Madagascar included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

In 2022, countries that imported more from Madagascar than Angola included Japan ($448M), South Korea ($151M), and Germany ($162M).

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

Comparative Advantage Angola - Madagascar

Flow
Scale

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

During 2022, Angola had a large net trade with Madagascar in the exports of Machines ($152).

During 2017, Madagascar had a large net trade with Angola in the exports of Vegetable Products ($61.2k), Mineral Products ($15k), and Foodstuffs ($2.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Madagascar+$3.64kRefined Petroleum
Top Product Potential Madagascar Angola+$94kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with