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2022
Flag → Flag
Exports $13.8MRnk 60 / 157
2022
Flag → Flag
Top Product $547kGraphite
2022
Flag → Flag
Exports $2.73MRnk 154 / 217
2022
Flag → Flag
Top Product $1.23MKaolin Coated Paper
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 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$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Madagascar-Austria Trade: In 2022, Madagascar exported $13.8M to Austria. The main products that Madagascar exported to Austria were Graphite ($547k), Knit Sweaters ($375k), and Coconut and Other Vegetable Fibers ($189k). Over the past 5 years the exports of Madagascar to Austria have increased at an annualized rate of 43.6%, from $2.26M in 2017 to $13.8M in 2022.

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

Austria-Madagascar Trade: In 2022, Austria exported $2.73M to Madagascar. The main products that Austria exported to Madagascar were Kaolin Coated Paper ($1.23M), Motorcycles and cycles ($482k), and Synthetic Filament Yarn Woven Fabric ($471k). Over the past 5 years the exports of Austria to Madagascar have increased at an annualized rate of 16.6%,  from $1.27M in 2017 to $2.73M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $13.8M to Austria. The main products exported from Madagascar to Austria were Graphite ($547k), Knit Sweaters ($375k), and Coconut and Other Vegetable Fibers ($189k). During the last 5 years the exports of Madagascar to Austria have increased at an annualized rate of 43.6%, from $2.26M in 2017 to $13.8M in 2022.

In 2017, Austria exported $2.73M to Madagascar. The main products exported from Austria to Madagascar were Kaolin Coated Paper ($1.23M), Motorcycles and cycles ($482k), and Synthetic Filament Yarn Woven Fabric ($471k). During the last 22 years the exports of Austria to Madagascar have increased at an annualized rate of 16.6%, from $1.27M in 1995 to $2.73M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Austria (Flag)

Madagascar Exports

Austria Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Madagascar than Austria included Mauritius ($44.7M), Comoros ($7.03M), and Seychelles ($4.15M).

In 2022, countries that imported more from Austria than Madagascar included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Madagascar - Austria

Flow
Scale

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

During 2022, Madagascar had a large net trade with Austria in the exports of Textiles ($612k), Mineral Products ($547k), and Precious Metals ($303k).

During 2017, Austria had a large net trade with Madagascar in the exports of Paper Goods ($1.23M), Transportation ($581k), and Textiles ($567k).

Economic Complexity

Competitive Landscape

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

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

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