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2022
Flag → Flag
Exports $10.2MRnk 111 / 186
2022
Flag → Flag
Top Product $2.65MCars
2022
Flag → Flag
Exports $4.43MRnk 40 / 157
2022
Flag → Flag
Top Product $2.18MCoconut and Other Vegetable Fibers
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Morocco-Madagascar Trade: In 2022, Morocco exported $10.2M to Madagascar. The main products that Morocco exported to Madagascar were Cars ($2.65M), Processed Fish ($1.43M), and Seed Oils ($692k). Over the past 5 years the exports of Morocco to Madagascar have increased at an annualized rate of 2.81%, from $8.86M in 2017 to $10.2M in 2022.

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

Madagascar-Morocco Trade: In 2022, Madagascar exported $4.43M to Morocco. The main products that Madagascar exported to Morocco were Coconut and Other Vegetable Fibers ($2.18M), Processed Fish ($648k), and Cloves ($491k). Over the past 5 years the exports of Madagascar to Morocco have decreased at an annualized rate of 20.8%,  from $14.2M in 2017 to $4.43M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). 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, Morocco exported $10.2M to Madagascar. The main products exported from Morocco to Madagascar were Cars ($2.65M), Processed Fish ($1.43M), and Seed Oils ($692k). During the last 5 years the exports of Morocco to Madagascar have increased at an annualized rate of 2.81%, from $8.86M in 2017 to $10.2M in 2022.

In 2017, Madagascar exported $4.43M to Morocco. The main products exported from Madagascar to Morocco were Coconut and Other Vegetable Fibers ($2.18M), Processed Fish ($648k), and Cloves ($491k). During the last 5 years the exports of Madagascar to Morocco have decreased at an annualized rate of 20.8%, from $14.2M in 2022 to $4.43M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Madagascar (Flag)

Morocco Exports

Madagascar Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Morocco than Madagascar included Spain ($8.55B), France ($7.92B), and India ($2.99B).

In 2022, countries that imported more from Madagascar than Morocco included China ($538M), South Africa ($152M), and Japan ($448M).

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

Comparative Advantage Morocco - Madagascar

Flow
Scale

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

During 2022, Morocco had a large net trade with Madagascar in the exports of Transportation ($3M), Machines ($1.91M), and Foodstuffs ($1.6M).

During 2017, Madagascar had a large net trade with Morocco in the exports of Textiles ($2.47M), Vegetable Products ($1.14M), and Foodstuffs ($669k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Madagascar+$2.13MCars
Top Product Potential Madagascar Morocco+$292kProcessed Fish

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

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

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

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