2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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 GDP
$15BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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GDP PC 
$48,984CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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2022
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GDP PC
$505CURRENT US$
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2012-2022
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GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Hong Kong-Madagascar In 2022, Hong Kong exported $49.6M to Madagascar. The main products that Hong Kong exported to Madagascar are Broadcasting Equipment ($6.55M), Light Rubberized Knitted Fabric ($3.42M), and Paper Labels ($3.08M). During the last 27 years the exports of Hong Kong to Madagascar have increased at an annualized rate of 3.21%, from $21.1M in 1995 to $49.6M in 2022.

In 2022, Hong Kong did not export any services to Madagascar.

Madagascar-Hong Kong In 2022, Madagascar exported $5.37M to Hong Kong. The main products that Madagascar exported to Hong Kong were Precious Stones ($1M), Fake Hair ($893k), and Processed Crustaceans ($874k). During the last 27 years the exports of Madagascar to Hong Kong have increased at an annualized rate of 1.69%, from $3.41M in 1995 to $5.37M in 2022.

In 2022, Madagascar did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $49.6M to Madagascar. The main products exported from Hong Kong to Madagascar were Broadcasting Equipment ($6.55M), Light Rubberized Knitted Fabric ($3.42M), and Paper Labels ($3.08M). During the last 27 years the exports of Hong Kong to Madagascar have increased at an annualized rate of 3.21%, from $21.1M in 1995 to $49.6M in 2022.

In 2022, Madagascar exported $5.37M to Hong Kong. The main products exported from Madagascar to Hong Kong were Precious Stones ($1M), Fake Hair ($893k), and Processed Crustaceans ($874k). During the last 27 years the exports of Madagascar to Hong Kong have increased at an annualized rate of 1.69%, from $3.41M in 1995 to $5.37M in 2022.

Exports from Hong Kong (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Madagascar (Flag)

Hong Kong Exports

Madagascar Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Madagascar
Top Destination
United States$756M

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

In 2021, countries that imported more from Hong Kong than Madagascar were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2021, countries that imported more from Madagascar than Hong Kong were Mauritius ($44.7M), Comoros ($7.03M), and Turks and Caicos Islands ($322k).

Difference in imports from Madagascar (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Madagascar

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Madagascar in the exports of Machines ($16.4M), Textiles ($15.2M), and Plastics and Rubbers ($4.93M).

During 2022, Madagascar had a large net trade with Hong Kong in the exports of Textiles ($1.49M), Precious Metals ($1M), and Footwear and Headwear ($895k).

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

Product Space of Hong Kong (Flag) and Madagascar (Flag) (2022)

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