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2023
Flag → Flag
Exports $108MRnk 13 / 156
2023
Flag → Flag
Top Product $69.4MGold
2023
Flag → Flag
Exports $246MRnk 92 / 216
2023
Flag → Flag
Top Product $117MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 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$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Madagascar-United Arab Emirates Trade: In 2023, Madagascar exported $108M to United Arab Emirates. The main products that Madagascar exported to United Arab Emirates were Gold ($69.4M), Cloves ($16.4M), and Dried Legumes ($5.21M). Over the past 5 years the exports of Madagascar to United Arab Emirates have decreased at an annualized rate of 11.9%, from $205M in 2018 to $108M in 2023.

In 2023, Madagascar did not export any services to United Arab Emirates.

United Arab Emirates-Madagascar Trade: In 2023, United Arab Emirates exported $246M to Madagascar. The main products that United Arab Emirates exported to Madagascar were Refined Petroleum ($117M), Limestone ($25.8M), and Cement ($14.9M). Over the past 5 years the exports of United Arab Emirates to Madagascar have decreased at an annualized rate of 12.3%,  from $476M in 2018 to $246M in 2023.

In 2023, United Arab Emirates 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, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $108M to United Arab Emirates. The main products exported from Madagascar to United Arab Emirates were Gold ($69.4M), Cloves ($16.4M), and Dried Legumes ($5.21M). During the last 5 years the exports of Madagascar to United Arab Emirates have decreased at an annualized rate of 11.9%, from $205M in 2018 to $108M in 2023.

In 2018, United Arab Emirates exported $246M to Madagascar. The main products exported from United Arab Emirates to Madagascar were Refined Petroleum ($117M), Limestone ($25.8M), and Cement ($14.9M). During the last 5 years the exports of United Arab Emirates to Madagascar have decreased at an annualized rate of 12.3%, from $476M in 2023 to $246M in 2018.

Exports from Madagascar (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and United Arab Emirates (Flag)

Madagascar Exports

United Arab Emirates Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$669M
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, no countries were registered that imported more from Madagascar than from United Arab Emirates.

In 2023, countries that imported more from United Arab Emirates than Madagascar included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Madagascar (Flag) (2023)

Comparative Advantage Madagascar - United Arab Emirates

Flow
Scale

This chart compares trade between Madagascar and United Arab Emirates by product, considering products traded by both, Madagascar and United Arab Emirates.

During 2023, Madagascar had a large net trade with United Arab Emirates in the exports of Precious Metals ($69.8M), Vegetable Products ($29.2M), and Textiles ($5.43M).

During 2018, United Arab Emirates had a large net trade with Madagascar in the exports of Mineral Products ($175M), Machines ($30.6M), and Transportation ($8.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar United Arab Emirates+$12.3MGold
Top Product Potential United Arab Emirates Madagascar+$21.2MRefined 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 United Arab Emirates. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and United Arab Emirates (Flag) (2023)

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