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2022
Flag → Flag
Exports $11.6MRnk 79 / 188
2022
Flag → Flag
Top Product $11.5MWheat
2022
Flag → Flag
Exports $1.21MRnk 66 / 157
2022
Flag → Flag
Top Product $514kVanilla
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
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GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
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GDP PC $28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186
2022
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GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
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GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Estonia-Madagascar In 2022, Estonia exported $11.6M to Madagascar. The main products that Estonia exported to Madagascar are Wheat ($11.5M), Centrifuges ($13.3k), and Other Plastic Products ($9.47k). During the last 26 years the exports of Estonia to Madagascar have increased at an annualized rate of 30.7%, from $10.9k in 1996 to $11.6M in 2022.

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

Madagascar-Estonia In 2022, Madagascar exported $1.21M to Estonia. The main products that Madagascar exported to Estonia were Vanilla ($514k), Non-Knit Men's Suits ($291k), and Non-Knit Active Wear ($148k). During the last 26 years the exports of Madagascar to Estonia have increased at an annualized rate of 30.2%, from $1.25k in 1996 to $1.21M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $11.6M to Madagascar. The main products exported from Estonia to Madagascar were Wheat ($11.5M), Centrifuges ($13.3k), and Other Plastic Products ($9.47k). During the last 26 years the exports of Estonia to Madagascar have increased at an annualized rate of 30.7%, from $10.9k in 1996 to $11.6M in 2022.

In 2022, Madagascar exported $1.21M to Estonia. The main products exported from Madagascar to Estonia were Vanilla ($514k), Non-Knit Men's Suits ($291k), and Non-Knit Active Wear ($148k). During the last 27 years the exports of Madagascar to Estonia have increased at an annualized rate of 30.2%, from $1.25k in 1995 to $1.21M in 2022.

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

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

Latest Data

Trade between Estonia (Flag) and Madagascar (Flag)

Estonia Exports

Madagascar Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$3B
Madagascar
Top DestinationUnited States$756M

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

In 2021, countries that imported more from Estonia than Madagascar were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2021, countries that imported more from Madagascar than Estonia were China ($538M), Japan ($448M), and France ($634M).

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

Comparative Advantage Estonia - Madagascar

Flow
Scale

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

During 2022, Estonia had a large net trade with Madagascar in the exports of Vegetable Products ($11.5M), Machines ($13.3k), and Plastics and Rubbers ($9.47k).

During 2022, Madagascar had a large net trade with Estonia in the exports of Textiles ($630k), Vegetable Products ($563k), and Machines ($5.26k).

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

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

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