2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
Flag
 GDP
$15BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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GDP PC 
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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2022
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GDP PC
$505CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
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About

Chile-Madagascar In 2021, Chile exported $333 to Madagascar. The main products that Chile exported to Madagascar are N/A. During the last 26 years the exports of Chile to Madagascar have decreased at an annualized rate of 17.9%, from $55.8k in 1995 to $333 in 2021.

In 2021, Chile did not export any services to Madagascar.

Madagascar-Chile In 2021, Madagascar exported $850k to Chile. The main products that Madagascar exported to Chile were Liquid Pumps ($166k), Non-Knit Active Wear ($98.9k), and Non-Knit Women's Suits ($83.8k). During the last 26 years the exports of Madagascar to Chile have increased at an annualized rate of 7%, from $146k in 1995 to $850k in 2021.

In 2021, Madagascar did not export any services to Chile.

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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 2021, Chile exported $333 to Madagascar. There were not main exports from Chile to Madagascar in 2021. During the last 26 years the exports of Chile to Madagascar have decreased at an annualized rate of 17.9%, from $55.8k in 1995 to $333 in 2021.

In 2022, Madagascar exported $850k to Chile. The main products exported from Madagascar to Chile were Liquid Pumps ($166k), Non-Knit Active Wear ($98.9k), and Non-Knit Women's Suits ($83.8k). During the last 27 years the exports of Madagascar to Chile have increased at an annualized rate of 7%, from $146k in 1995 to $850k in 2022.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Madagascar
Top Destination
United States$756M

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

In 2021, countries that imported more from Chile than Madagascar were China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2021, countries that imported more from Madagascar than Chile were Mauritius ($44.7M), Ethiopia ($12.2M), and Kenya ($16.4M).

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

Comparative Advantage Chile - Madagascar

Flow
Scale

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

During 2021, Chile had a large net trade with Madagascar in the exports of .

During 2022, Madagascar had a large net trade with Chile in the exports of Textiles ($295k), Machines ($172k), and Vegetable Products ($101k).

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 Chile has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Chile.

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

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