Sign In
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 17.1%,  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

October, 2024

About

Overview In October 2024, Brazil exported $1.14M and imported $1.01M from Madagascar, resulting in a positive trade balance of $129k. Between October 2023 and October 2024 the exports of Brazil have decreased by $-1.01M (-46.9%) from $2.15M to $1.14M, while imports increased by $796k (369%) from $216k to $1.01M.

Trade In October 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 October 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 October 2024 the exports of Brazil were mainly from São Paulo ($894k), Minas Gerais ($136k), Paraná ($38.3k), Rio Grande do Sul ($36.1k), and Santa Catarina ($26.5k), while imports destinations were mainly Rio de Janeiro ($426k), Minas Gerais ($349k), São Paulo ($182k), Santa Catarina ($15.8k), and Alagoas ($15.2k).

Growth In October 2024, the decrease in Brazil's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in Other Furniture ($-62.3k or -97.3%) and Plastic Housewares ($-4.89k or -44%). In October 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 (October 2023 - October 2024)$-1.01M(-46.9%)
IMPORT GROWTH (October 2023 - October 2024)$796k(369%)
MAIN EXPORTER (October 2024)São Paulo$894k

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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 17.1%, 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.

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 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)

Keep Exploring

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