2022
Flag  
GDP
$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH
92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH
50.8%CURRENT US$
Rnk 33 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Cote d'Ivoire-Madagascar Trade: In 2022, Cote d'Ivoire exported $1.44M to Madagascar. The main products that Cote d'Ivoire exported to Madagascar were Beauty Products ($689k), Coffee ($443k), and Cars ($58.1k). Over the past 5 years the exports of Cote d'Ivoire to Madagascar have increased at an annualized rate of 26.8%, from $440k in 2017 to $1.44M in 2022.

In 2022, Cote d'Ivoire did not export any services to Madagascar.

Madagascar-Cote d'Ivoire Trade: In 2022, Madagascar exported $1.08M to Cote d'Ivoire. The main products that Madagascar exported to Cote d'Ivoire were Glass Bottles ($685k), Sowing Seeds ($92.7k), and Cranes ($60.2k). Over the past 5 years the exports of Madagascar to Cote d'Ivoire have decreased at an annualized rate of 0.44%,  from $1.11M in 2017 to $1.08M in 2022.

In 2022, Madagascar did not export any services to Cote d'Ivoire.

Comparison: In 2022,  Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B). 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, Cote d'Ivoire exported $1.44M to Madagascar. The main products exported from Cote d'Ivoire to Madagascar were Beauty Products ($689k), Coffee ($443k), and Cars ($58.1k). During the last 5 years the exports of Cote d'Ivoire to Madagascar have increased at an annualized rate of 26.8%, from $440k in 2017 to $1.44M in 2022.

In 2017, Madagascar exported $1.08M to Cote d'Ivoire. The main products exported from Madagascar to Cote d'Ivoire were Glass Bottles ($685k), Sowing Seeds ($92.7k), and Cranes ($60.2k). During the last 5 years the exports of Madagascar to Cote d'Ivoire have decreased at an annualized rate of 0.44%, from $1.11M in 2022 to $1.08M in 2017.

Exports from Cote d'Ivoire (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Cote d'Ivoire (Flag) (2022)

Latest Data

Trade between Cote d'Ivoire (Flag) and Madagascar (Flag)

Cote d'Ivoire Exports

Madagascar Exports

Market Competitiveness

Color
Cote d'Ivoire
Top Destination
Switzerland$1.6B
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Cote d'Ivoire than Madagascar included Switzerland ($1.6B), Mali ($1.46B), and Netherlands ($1.43B).

In 2022, countries that imported more from Madagascar than Cote d'Ivoire included Japan ($448M), South Korea ($151M), and Chinese Taipei ($104M).

Difference in imports from Madagascar (Flag) and Cote d'Ivoire (Flag) (2022)

Comparative Advantage Cote d'Ivoire - Madagascar

Flow
Scale

This chart compares trade between Cote d'Ivoire and Madagascar by product, considering products traded by both, Cote d'Ivoire and Madagascar.

During 2022, Cote d'Ivoire had a large net trade with Madagascar in the exports of Chemical Products ($790k), Vegetable Products ($443k), and Transportation ($98.8k).

During 2017, Madagascar had a large net trade with Cote d'Ivoire in the exports of Stone And Glass ($685k), Machines ($134k), and Textiles ($111k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cote d'Ivoire Madagascar+$30.1kSoap
Top Product Potential Madagascar Cote d'Ivoire+$22.5kCranes

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

Product Space of Cote d'Ivoire (Flag) and Madagascar (Flag) (2022)

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