France (FRA) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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France-Madagascar Trade: In 2023, France exported $515M to Madagascar. The main products that France exported to Madagascar were Packaged Medicaments ($36.4M), Non-fillet Frozen Fish ($31.4M), and Silk Fabrics ($29M). Over the past 5 years the exports of France to Madagascar have decreased at an annualized rate of 0.22%, from $521M in 2018 to $515M in 2023.

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

Madagascar-France Trade: In 2023, Madagascar exported $641M to France. The main products that Madagascar exported to France were Crustaceans ($94.3M), Vanilla ($92.5M), and Scarves ($51.4M). Over the past 5 years the exports of Madagascar to France have decreased at an annualized rate of 2.79%, from $739M in 2018 to $641M in 2023.

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

Comparison: In 2023, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, France exported $515M to Madagascar. The main products exported from France to Madagascar were Packaged Medicaments ($36.4M), Non-fillet Frozen Fish ($31.4M), and Silk Fabrics ($29M). During the last 5 years the exports of France to Madagascar have decreased at an annualized rate of 0.22%, from $521M in 2018 to $515M in 2023.

In 2018, Madagascar exported $641M to France. The main products exported from Madagascar to France were Crustaceans ($94.3M), Vanilla ($92.5M), and Scarves ($51.4M). During the last 5 years the exports of Madagascar to France have decreased at an annualized rate of 2.79%, from $739M in 2023 to $641M in 2018.

Exports from France () to Madagascar () (2023)

Exports from Madagascar () to France () (2023)

Latest Data

Trade between France () and Madagascar ()

France Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

France
Top DestinationGermany$72.8B

Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from France than Madagascar included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

In 2023, no countries were registered that imported more from Madagascar than from France.

Difference in imports from Madagascar () and France () (2023)

Comparative Advantage France - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, France had a large net trade with Madagascar in the exports of Textiles ($106M), Machines ($103M), and Chemical Products ($65M).

During 2018, Madagascar had a large net trade with France in the exports of Textiles ($228M), Vegetable Products ($149M), and Animal Products ($100M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential France Madagascar+$5.34MRefined Petroleum

Top Product Potential Madagascar France+$13.8MKnit Sweaters

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

Year

This visualization shows the product space at the HS4 level with the flags of France and Madagascar. This means that a dot/product with the flag of France indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over France.

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Historical Data

Bilateral Trade by Products

Exports from France () to Madagascar () (2023)

Exports from Madagascar () to France () (2023)

Latest Data

Trade between France () and Madagascar ()

France Exports

Madagascar Exports

Market Competitiveness

Difference in imports from Madagascar () and France () (2023)

Comparative Advantage France - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of France () and Madagascar () (2023)

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