Madagascar (MDG) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

Madagascar-Canada Trade: In 2022, Madagascar exported $126M to Canada. The main products that Madagascar exported to Canada were Titanium Ore ($58.4M), Vanilla ($57.2M), and Knit T-shirts ($3.21M). Over the past 5 years the exports of Madagascar to Canada have increased at an annualized rate of 10.8%, from $75.5M in 2017 to $126M in 2022.

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

Canada-Madagascar Trade: In 2022, Canada exported $21.6M to Madagascar. The main products that Canada exported to Madagascar were Animal Food ($8.1M), Valves ($4.91M), and Other Iron Products ($821k). Over the past 5 years the exports of Canada to Madagascar have increased at an annualized rate of 9.83%, from $13.5M in 2017 to $21.6M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Madagascar exported $126M to Canada. The main products exported from Madagascar to Canada were Titanium Ore ($58.4M), Vanilla ($57.2M), and Knit T-shirts ($3.21M). During the last 5 years the exports of Madagascar to Canada have increased at an annualized rate of 10.8%, from $75.5M in 2017 to $126M in 2022.

In 2017, Canada exported $21.6M to Madagascar. The main products exported from Canada to Madagascar were Animal Food ($8.1M), Valves ($4.91M), and Other Iron Products ($821k). During the last 5 years the exports of Canada to Madagascar have increased at an annualized rate of 9.83%, from $13.5M in 2022 to $21.6M in 2017.

Exports from Madagascar () to Canada () (2022)

Exports from Canada () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Canada ()

Madagascar Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Madagascar than Canada included Mauritius ($44.7M), Comoros ($7.03M), and Malawi ($3.29M).

In 2022, countries that imported more from Canada than Madagascar included United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Madagascar () (2022)

Comparative Advantage Madagascar - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Madagascar had a large net trade with Canada in the exports of Vegetable Products ($58.6M), Mineral Products ($58.5M), and Textiles ($6.97M).

During 2017, Canada had a large net trade with Madagascar in the exports of Foodstuffs ($8.16M), Machines ($7.92M), and Metals ($1.68M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Canada+$3.47MKnit T-shirts

Top Product Potential Canada Madagascar+$780kCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Canada () (2022)

Exports from Canada () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Canada ()

Madagascar Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Madagascar () (2022)

Comparative Advantage Madagascar - Canada

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Canada () (2022)

Keep Exploring