2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Indonesia-Madagascar In 2022, Indonesia exported $79.5M to Madagascar. The main products that Indonesia exported to Madagascar are Soap ($13.3M), Palm Oil ($11.9M), and Cranes ($5.62M). During the last 27 years the exports of Indonesia to Madagascar have increased at an annualized rate of 13.9%, from $2.36M in 1995 to $79.5M in 2022.

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

Madagascar-Indonesia In 2022, Madagascar exported $147M to Indonesia. The main products that Madagascar exported to Indonesia were Cloves ($107M), Essential Oils ($31.8M), and Fake Hair ($2.97M). During the last 27 years the exports of Madagascar to Indonesia have increased at an annualized rate of 26.4%, from $260k in 1995 to $147M in 2022.

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

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Madagascar ranked 108 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, Indonesia exported $79.5M to Madagascar. The main products exported from Indonesia to Madagascar were Soap ($13.3M), Palm Oil ($11.9M), and Cranes ($5.62M). During the last 27 years the exports of Indonesia to Madagascar have increased at an annualized rate of 13.9%, from $2.36M in 1995 to $79.5M in 2022.

In 2022, Madagascar exported $147M to Indonesia. The main products exported from Madagascar to Indonesia were Cloves ($107M), Essential Oils ($31.8M), and Fake Hair ($2.97M). During the last 27 years the exports of Madagascar to Indonesia have increased at an annualized rate of 26.4%, from $260k in 1995 to $147M in 2022.

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

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

Latest Data

Trade between Indonesia (Flag) and Madagascar (Flag)

Indonesia Exports

Madagascar Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Madagascar
Top Destination
United States$756M

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

In 2021, countries that imported more from Indonesia than Madagascar were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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

Comparative Advantage Indonesia - Madagascar

Flow
Scale

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

During 2022, Indonesia had a large net trade with Madagascar in the exports of Chemical Products ($25.3M), Animal and Vegetable Bi-Products ($17.6M), and Paper Goods ($10.3M).

During 2022, Madagascar had a large net trade with Indonesia in the exports of Vegetable Products ($108M), Chemical Products ($33.7M), and Footwear and Headwear ($3.44M).

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with