Madagascar-Brazil Trade: In 2022, Madagascar exported $3.33M to Brazil. The main products that Madagascar exported to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.94M), Ethers ($329k), and Cloves ($236k). Over the past 5 years the exports of Madagascar to Brazil have increased at an annualized rate of 17.1%, from $1.51M in 2017 to $3.33M in 2022.
In 2022, Madagascar did not export any services to Brazil.
Brazil-Madagascar Trade: In 2022, Brazil exported $41.3M to Madagascar. The main products that Brazil exported to Madagascar were Raw Sugar ($24.2M), Soybean Oil ($6.77M), and Ammonia ($4.75M). Over the past 5 years the exports of Brazil to Madagascar have decreased at an annualized rate of 8.3%, from $63.7M in 2017 to $41.3M in 2022.
In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).