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Pricing

2022
Flag → Flag
Exports $41.3MRnk 137 / 223
2022
Flag → Flag
Top Product $24.2MRaw Sugar
2022
Flag → Flag
Exports $3.33MRnk 44 / 157
2022
Flag → Flag
Top Product $1.94MNiobium, Tantalum, Vanadium and Zirconium Ore
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Brazil-Madagascar Trade: In 2022, Brazil exported $41.3M to Madagascar. The main products that Brazil exported to Madagascar were Raw Sugar ($24.2M), Soybean Oil ($6.77M), and Ammonia ($4.75M). Over the past 5 years the exports of Brazil to Madagascar have decreased at an annualized rate of 8.3%, from $63.7M in 2017 to $41.3M in 2022.

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

Madagascar-Brazil Trade: In 2022, Madagascar exported $3.33M to Brazil. The main products that Madagascar exported to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.94M), Ethers ($329k), and Cloves ($236k). Over the past 5 years the exports of Madagascar to Brazil have increased at an annualized rate of 4.48%,  from $1.51M in 2017 to $3.33M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

September, 2024

About

Overview In September 2024, Brazil exported $3.93M and imported $652k from Madagascar, resulting in a positive trade balance of $3.28M. Between September 2023 and September 2024 the exports of Brazil have increased by $1.56M (65.4%) from $2.38M to $3.93M, while imports increased by $159k (32.3%) from $492k to $652k.

Trade In September 2024, the top exports of Brazil to Madagascar were Raw Sugar ($1.64M), Chocolate ($48.6k), Baked Goods ($17.5k), Seats ($9.72k), and Plastic Housewares ($6.23k). In September 2024 the top imports of Brazil from Madagascar were Niobium, Tantalum, Vanadium and Zirconium Ore ($400k), Essential Oils ($28.8k), Ethers ($24.5k), Non-Knit Men's Shirts ($22.4k), and Twine and Rope ($7.78k).

Origins In September 2024 the exports of Brazil were mainly from São Paulo ($2.31M), Minas Gerais ($1.55M), Rio Grande do Sul ($48.7k), and Paraná ($29k), while imports destinations were mainly Rio de Janeiro ($422k), São Paulo ($174k), Santa Catarina ($49.7k), Pernambuco ($4.76k), and Espírito Santo ($373).

Growth In September 2024, the increase in Brazil's year-by-year exports to Madagascar was explained primarily by an increase in product exports in Raw Sugar ($836k or 104%). In September 2024, the increase in Brazil's year-by-year imports  from Madagascar was explained primarily by an increase in product imports  in Ethers ($16.9k or 220%), Essential Oils ($10.5k or 57.3%), and Non-Knit Men's Shirts ($5.36k or 31.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$1.56M(65.4%)
IMPORT GROWTH (September 2023 - September 2024)$159k(32.3%)
MAIN EXPORTER (September 2024)São Paulo$2.31M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Madagascar and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Madagascar and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $41.3M to Madagascar. The main products exported from Brazil to Madagascar were Raw Sugar ($24.2M), Soybean Oil ($6.77M), and Ammonia ($4.75M). During the last 5 years the exports of Brazil to Madagascar have decreased at an annualized rate of 8.3%, from $63.7M in 2017 to $41.3M in 2022.

In 2017, Madagascar exported $3.33M to Brazil. The main products exported from Madagascar to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.94M), Ethers ($329k), and Cloves ($236k). During the last 5 years the exports of Madagascar to Brazil have increased at an annualized rate of 4.48%, from $1.51M in 2022 to $3.33M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Brazil than Madagascar included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Madagascar than Brazil included North Korea ($1.51k).

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

Comparative Advantage Brazil - Madagascar

Flow
Scale

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

During 2022, Brazil had a large net trade with Madagascar in the exports of Foodstuffs ($24.9M), Animal and Vegetable Bi-Products ($6.77M), and Chemical Products ($4.91M).

During 2017, Madagascar had a large net trade with Brazil in the exports of Mineral Products ($1.96M), Chemical Products ($471k), and Textiles ($368k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Madagascar+$1.49MSoybean Oil
Top Product Potential Madagascar Brazil+$440kNiobium, Tantalum, Vanadium and Zirconium Ore

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

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

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