2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Madagascar-Angola Trade: In 2022, Madagascar exported $79.5k to Angola. The main products that Madagascar exported to Angola were Dried Legumes ($61.2k), Refined Petroleum ($15k), and Other Processed Fruits and Nuts ($2.8k). Over the past 5 years the exports of Madagascar to Angola have increased at an annualized rate of 21.2%, from $30.4k in 2017 to $79.5k in 2022.

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

Angola-Madagascar Trade: In 2022, Angola exported $152 to Madagascar. The main products that Angola exported to Madagascar were Broadcasting Equipment ($152). Over the past 5 years the exports of Angola to Madagascar have decreased at an annualized rate of 19.8%,  from $457 in 2017 to $152 in 2022.

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

Comparison: In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $79.5k to Angola. The main products exported from Madagascar to Angola were Dried Legumes ($61.2k), Refined Petroleum ($15k), and Other Processed Fruits and Nuts ($2.8k). During the last 5 years the exports of Madagascar to Angola have increased at an annualized rate of 21.2%, from $30.4k in 2017 to $79.5k in 2022.

In 2017, Angola exported $152 to Madagascar. The main products exported from Angola to Madagascar were Broadcasting Equipment ($152). During the last 5 years the exports of Angola to Madagascar have decreased at an annualized rate of 19.8%, from $457 in 2022 to $152 in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Angola (Flag)

Madagascar Exports

Angola Exports

Date

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Madagascar than Angola included Japan ($448M), South Korea ($151M), and Germany ($162M).

In 2022, countries that imported more from Angola than Madagascar included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

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

Comparative Advantage Madagascar - Angola

Flow
Scale

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

During 2022, Madagascar had a large net trade with Angola in the exports of Vegetable Products ($61.2k), Mineral Products ($15k), and Foodstuffs ($2.8k).

During 2017, Angola had a large net trade with Madagascar in the exports of Machines ($152).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Angola+$94kRefined Petroleum
Top Product Potential Angola Madagascar+$3.64kRefined Petroleum

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 Madagascar and Angola. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Madagascar.

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

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