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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 0.29Rnk 49 / 124
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 108 / 124
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 In 2022, Brazil exported $41.3M to Madagascar. The main products that Brazil exported to Madagascar are Raw Sugar ($24.2M), Soybean Oil ($6.77M), and Ammonia ($4.75M). During the last 27 years the exports of Brazil to Madagascar have increased at an annualized rate of 7.62%, from $5.69M in 1995 to $41.3M in 2022.

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

Madagascar-Brazil 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). During the last 27 years the exports of Madagascar to Brazil have increased at an annualized rate of 13.3%, from $114k in 1995 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 0.29), and 25 in total exports ($341B). That same year, Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

February, 2024

About

Overview In February 2024, Brazil exported $4.12M and imported $333k from Madagascar, resulting in a positive trade balance of $3.78M. Between February 2023 and February 2024 the exports of Brazil have decreased by $-8.01M (-66.1%) from $12.1M to $4.12M, while imports increased by $221k (196%) from $113k to $333k.

Trade In February 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 February 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 February 2024 the exports of Brazil were mainly from São Paulo ($2.94M), Minas Gerais ($614k), and Goiás ($561k), while imports destinations were mainly São Paulo ($274k), Rio de Janeiro ($17.4k), Minas Gerais ($16.9k), Santa Catarina ($14.2k), and Distrito Federal ($6.77k).

Growth In February 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 February 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

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$-8.01M(-66.1%)
IMPORT GROWTH (February 2023 - February 2024)$221k(196%)
MAIN EXPORTER (February 2024)São Paulo$2.94M

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.

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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 27 years the exports of Brazil to Madagascar have increased at an annualized rate of 7.62%, from $5.69M in 1995 to $41.3M in 2022.

In 2022, 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 27 years the exports of Madagascar to Brazil have increased at an annualized rate of 13.3%, from $114k in 1995 to $3.33M in 2022.

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 2021, countries that imported more from Brazil than Madagascar were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2021, countries that imported more from Madagascar than Brazil were 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 2022, Madagascar had a large net trade with Brazil in the exports of Mineral Products ($1.96M), Chemical Products ($471k), and Textiles ($368k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Brazil.

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

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