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2022
Flag → Flag
Exports $236MRnk 91 / 219
2022
Flag → Flag
Top Product $81.3MRefined Petroleum
2022
Flag → Flag
Exports $78.8MRnk 14 / 157
2022
Flag → Flag
Top Product $30.2MGold
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

United Arab Emirates-Madagascar Trade: In 2022, United Arab Emirates exported $236M to Madagascar. The main products that United Arab Emirates exported to Madagascar were Refined Petroleum ($81.3M), Sulphur ($30.6M), and Limestone ($20.8M). Over the past 5 years the exports of United Arab Emirates to Madagascar have decreased at an annualized rate of 3.31%, from $279M in 2017 to $236M in 2022.

In 2022, United Arab Emirates did not export any services to Madagascar.

Madagascar-United Arab Emirates Trade: In 2022, Madagascar exported $78.8M to United Arab Emirates. The main products that Madagascar exported to United Arab Emirates were Gold ($30.2M), Cloves ($14.4M), and Precious Stones ($13.7M). Over the past 5 years the exports of Madagascar to United Arab Emirates have decreased at an annualized rate of 13.4%,  from $187M in 2017 to $78.8M in 2022.

In 2022, Madagascar did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $236M to Madagascar. The main products exported from United Arab Emirates to Madagascar were Refined Petroleum ($81.3M), Sulphur ($30.6M), and Limestone ($20.8M). During the last 5 years the exports of United Arab Emirates to Madagascar have decreased at an annualized rate of 3.31%, from $279M in 2017 to $236M in 2022.

In 2017, Madagascar exported $78.8M to United Arab Emirates. The main products exported from Madagascar to United Arab Emirates were Gold ($30.2M), Cloves ($14.4M), and Precious Stones ($13.7M). During the last 5 years the exports of Madagascar to United Arab Emirates have decreased at an annualized rate of 13.4%, from $187M in 2022 to $78.8M in 2017.

Exports from United Arab Emirates (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Madagascar (Flag)

United Arab Emirates Exports

Madagascar Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from United Arab Emirates than Madagascar included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Madagascar than United Arab Emirates included Turks and Caicos Islands ($322k) and North Korea ($1.51k).

Difference in imports from Madagascar (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Madagascar

Flow
Scale

This chart compares trade between United Arab Emirates and Madagascar by product, considering products traded by both, United Arab Emirates and Madagascar.

During 2022, United Arab Emirates had a large net trade with Madagascar in the exports of Mineral Products ($151M), Machines ($26M), and Transportation ($18.6M).

During 2017, Madagascar had a large net trade with United Arab Emirates in the exports of Precious Metals ($43.9M), Vegetable Products ($25.1M), and Textiles ($4.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Madagascar+$21.2MRefined Petroleum
Top Product Potential Madagascar United Arab Emirates+$12.3MGold

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

Product Space of United Arab Emirates (Flag) and Madagascar (Flag) (2022)

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