2023
Flag  
GDP
$49.3BCURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP GROWTH
46.1%CURRENT US$
Rnk 82 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC 
$1,737CURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Cameroon-Madagascar Trade: In 2023, Cameroon exported $77.5k to Madagascar. The main products that Cameroon exported to Madagascar were Other Oily Seeds ($31.9k), Cars ($27.4k), and Other Edible Preparations ($12.5k). Over the past 5 years the exports of Cameroon to Madagascar have increased at an annualized rate of 34.8%, from $17.4k in 2018 to $77.5k in 2023.

In 2023, Cameroon did not export any services to Madagascar.

Madagascar-Cameroon Trade: In 2023, Madagascar exported $1.15k to Cameroon. The main products that Madagascar exported to Cameroon were Basketwork ($520), Paper Notebooks ($280), and Packaged Medicaments ($199). Over the past 5 years the exports of Madagascar to Cameroon have decreased at an annualized rate of 44.1%,  from $21k in 2018 to $1.15k in 2023.

In 2023, Madagascar did not export any services to Cameroon.

Comparison: In 2023,  Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B). That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cameroon exported $77.5k to Madagascar. The main products exported from Cameroon to Madagascar were Other Oily Seeds ($31.9k), Cars ($27.4k), and Other Edible Preparations ($12.5k). During the last 5 years the exports of Cameroon to Madagascar have increased at an annualized rate of 34.8%, from $17.4k in 2018 to $77.5k in 2023.

In 2018, Madagascar exported $1.15k to Cameroon. The main products exported from Madagascar to Cameroon were Basketwork ($520), Paper Notebooks ($280), and Packaged Medicaments ($199). During the last 5 years the exports of Madagascar to Cameroon have decreased at an annualized rate of 44.1%, from $21k in 2023 to $1.15k in 2018.

Exports from Cameroon (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to Cameroon (Flag) (2023)

Latest Data

Trade between Cameroon (Flag) and Madagascar (Flag)

Cameroon Exports

Madagascar Exports

Market Competitiveness

Color
Cameroon
Top Destination
Netherlands$1.44B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Cameroon than Madagascar included Netherlands ($1.44B), United Arab Emirates ($899M), and India ($632M).

In 2023, countries that imported more from Madagascar than Cameroon included United States ($669M), Japan ($345M), and South Korea ($271M).

Difference in imports from Madagascar (Flag) and Cameroon (Flag) (2023)

Comparative Advantage Cameroon - Madagascar

Flow
Scale

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

During 2023, Cameroon had a large net trade with Madagascar in the exports of Vegetable Products ($31.9k), Transportation ($27.8k), and Foodstuffs ($12.5k).

During 2018, Madagascar had a large net trade with Cameroon in the exports of Wood Products ($520), Paper Goods ($314), and Chemical Products ($199).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cameroon Madagascar+$3.36kTelephones
Top Product Potential Madagascar Cameroon+$54.5kOther Iron Products

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

Product Space of Cameroon (Flag) and Madagascar (Flag) (2023)

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