2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$506CURRENT US$
Rnk 192 / 195
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Madagascar-Angola Trade: In 2023, Madagascar exported $19.3k to Angola. The main products that Madagascar exported to Angola were Plastic Pipes ($6.88k), Used Clothing ($2.48k), and Gas and Liquid Flow Measuring Instruments ($2.29k). Over the past 5 years the exports of Madagascar to Angola have increased at an annualized rate of 4.66%, from $15.4k in 2018 to $19.3k in 2023.

In 2023, Madagascar did not export any services to Angola.

Angola-Madagascar Trade: In 2023, Angola exported $19.8k to Madagascar. The main products that Angola exported to Madagascar were Sawn Wood ($18.8k), Broadcasting Equipment ($737), and Calendars ($250). Over the past 5 years the exports of Angola to Madagascar have increased at an annualized rate of 16.2%,  from $3.27k in 2018 to $19.8k in 2023.

In 2023, Angola did not export any services to Madagascar.

Comparison: In 2023,  Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $19.3k to Angola. The main products exported from Madagascar to Angola were Plastic Pipes ($6.88k), Used Clothing ($2.48k), and Gas and Liquid Flow Measuring Instruments ($2.29k). During the last 5 years the exports of Madagascar to Angola have increased at an annualized rate of 4.66%, from $15.4k in 2018 to $19.3k in 2023.

In 2018, Angola exported $19.8k to Madagascar. The main products exported from Angola to Madagascar were Sawn Wood ($18.8k), Broadcasting Equipment ($737), and Calendars ($250). During the last 5 years the exports of Angola to Madagascar have increased at an annualized rate of 16.2%, from $3.27k in 2023 to $19.8k in 2018.

Exports from Madagascar (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and Angola (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Angola
Top Destination
China$17.1B

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 2023, countries that imported more from Madagascar than Angola included Japan ($345M), South Korea ($271M), and Turkey ($209M).

In 2023, countries that imported more from Angola than Madagascar included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

Difference in imports from Angola (Flag) and Madagascar (Flag) (2023)

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 2023, Madagascar had a large net trade with Angola in the exports of Plastics and Rubbers ($7.06k), Textiles ($3.6k), and Instruments ($2.42k).

During 2018, Angola had a large net trade with Madagascar in the exports of Wood Products ($18.8k), Machines ($737), and Paper Goods ($250).

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) (2023)

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