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Pricing

2022
Flag → Flag
Exports $1.46MRnk 63 / 157
2022
Flag → Flag
Top Product $516kEthers
2022
Flag → Flag
Exports $100MRnk 76 / 168
2022
Flag → Flag
Top Product $54MSoybean Oil
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Madagascar-Argentina Trade: In 2022, Madagascar exported $1.46M to Argentina. The main products that Madagascar exported to Argentina were Ethers ($516k), Cinnamon ($443k), and Essential Oils ($112k). Over the past 5 years the exports of Madagascar to Argentina have increased at an annualized rate of 17.5%, from $652k in 2017 to $1.46M in 2022.

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

Argentina-Madagascar Trade: In 2022, Argentina exported $100M to Madagascar. The main products that Argentina exported to Madagascar were Soybean Oil ($54M), Wheat ($36.4M), and Palm Oil ($9.64M). Over the past 5 years the exports of Argentina to Madagascar have increased at an annualized rate of 41.8%,  from $17.5M in 2017 to $100M in 2022.

In 2022, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $1.46M to Argentina. The main products exported from Madagascar to Argentina were Ethers ($516k), Cinnamon ($443k), and Essential Oils ($112k). During the last 5 years the exports of Madagascar to Argentina have increased at an annualized rate of 17.5%, from $652k in 2017 to $1.46M in 2022.

In 2017, Argentina exported $100M to Madagascar. The main products exported from Argentina to Madagascar were Soybean Oil ($54M), Wheat ($36.4M), and Palm Oil ($9.64M). During the last 5 years the exports of Argentina to Madagascar have increased at an annualized rate of 41.8%, from $17.5M in 2022 to $100M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Argentina (Flag)

Madagascar Exports

Argentina Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Madagascar than Argentina included France ($634M), Comoros ($7.03M), and Seychelles ($4.15M).

In 2022, countries that imported more from Argentina than Madagascar included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Madagascar - Argentina

Flow
Scale

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

During 2022, Madagascar had a large net trade with Argentina in the exports of Chemical Products ($686k), Vegetable Products ($569k), and Textiles ($123k).

During 2017, Argentina had a large net trade with Madagascar in the exports of Animal and Vegetable Bi-Products ($63.6M), Vegetable Products ($36.4M), and Foodstuffs ($112k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Argentina+$181kRefined Petroleum
Top Product Potential Argentina Madagascar+$98.6kPesticides

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

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

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