United Kingdom (GBR) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Pricing

United Kingdom (GBR) and Madagascar (MDG) Trade

2022

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Exports $26.2MRnk 153 / 224

2022

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Top Product $2.46MHeavy Synthetic Cotton Fabrics

2022

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Exports $66MRnk 15 / 157

2022

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About

United Kingdom-Madagascar In 2022, United Kingdom exported $26.2M to Madagascar. The main products that United Kingdom exported to Madagascar are Heavy Synthetic Cotton Fabrics ($2.46M), Other Plastic Products ($1.67M), and Chemical Analysis Instruments ($1.2M). During the last 27 years the exports of United Kingdom to Madagascar have increased at an annualized rate of 1.98%, from $15.4M in 1995 to $26.2M in 2022.

In 2022, United Kingdom did not export any services to Madagascar.

Madagascar-United Kingdom In 2022, Madagascar exported $66M to United Kingdom. The main products that Madagascar exported to United Kingdom were Knit Sweaters ($14.8M), Vanilla ($9.85M), and Other Knit Garments ($6.27M). During the last 27 years the exports of Madagascar to United Kingdom have increased at an annualized rate of 3.34%, from $27.2M in 1995 to $66M in 2022.

In 2022, Madagascar did not export any services to United Kingdom.

Comparison In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £1.17M and imported £2.67M from Madagascar, resulting in a negative trade balance of £1.5M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £243k (26.3%) from £927k to £1.17M, while imports decreased by £-3.07M (-53.5%) from £5.73M to £2.67M.

Trade In January 2024, the top exports of United Kingdom to Madagascar were Chemical Analysis Instruments (£189k), Telephones (£155k), Valves (£71.4k), Antiknock (£64.6k), and Rubber Pipes (£51.5k). In January 2024 the top imports of United Kingdom from Madagascar were Vanilla (£1.65M), Other Knit Garments (£910k), Non-Knit Women's Suits (£615k), Knit Sweaters (£517k), and Non-Knit Active Wear (£365k).

Origins In January 2024 the exports of United Kingdom were mainly from London Gateway (£574k), London Heathrow Airport (£481k), East Midlands Airport (£55k), Manchester Airport (£34k), and London Stansted Airport (£20.4k), while imports destinations were mainly Felixstowe (£1.9M), London Heathrow Airport (£285k), Southampton (£74.7k), and Manchester Airport (£24.2k).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Madagascar was explained primarily by an increase in product exports in Chemical Analysis Instruments (£142k or 297%), Valves (£70.2k or 5.96k%), and Rubber Pipes (£11.6k or 29.2%). In January 2024, the decrease in United Kingdom's year-by-year imports from Madagascar was explained primarily by an decrease in product imports in Dried Legumes (£-75.8k or -80.1%), Non-Knit Active Wear (£-52.9k or -12.6%), and Knit Babies' Garments (£-52.5k or -88.4%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£243k(26.3%)

IMPORT GROWTH (January 2023 - January 2024)£-3.07M(-53.5%)

MAIN EXPORTER (January 2024)London Gateway£574k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Madagascar and United Kingdom trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United Kingdom exported $26.2M to Madagascar. The main products exported from United Kingdom to Madagascar were Heavy Synthetic Cotton Fabrics ($2.46M), Other Plastic Products ($1.67M), and Chemical Analysis Instruments ($1.2M). During the last 27 years the exports of United Kingdom to Madagascar have increased at an annualized rate of 1.98%, from $15.4M in 1995 to $26.2M in 2022.

In 2022, Madagascar exported $66M to United Kingdom. The main products exported from Madagascar to United Kingdom were Knit Sweaters ($14.8M), Vanilla ($9.85M), and Other Knit Garments ($6.27M). During the last 27 years the exports of Madagascar to United Kingdom have increased at an annualized rate of 3.34%, from $27.2M in 1995 to $66M in 2022.

Exports from United Kingdom () to Madagascar () (2022)

Exports from Madagascar () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Madagascar
Top DestinationUnited States$756M

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

In 2021, countries that imported more from United Kingdom than Madagascar were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Madagascar than United Kingdom were Comoros ($7.03M).

Difference in imports from Madagascar () and United Kingdom () (2022)

Comparative Advantage United Kingdom - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United Kingdom had a large net trade with Madagascar in the exports of Machines ($9.43M), Textiles ($4.86M), and Plastics and Rubbers ($2.71M).

During 2022, Madagascar had a large net trade with United Kingdom in the exports of Textiles ($42.6M), Vegetable Products ($13.8M), and Precious Metals ($2.74M).

Economic Complexity

Competitive Landscape

Year

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

Product Space of United Kingdom () and Madagascar () (2022)

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