Madagascar (MDG) and China (CHN) Trade | The Observatory of Economic Complexity

About

Madagascar-China Trade: In 2022, Madagascar exported $538M to China. The main products that Madagascar exported to China were Raw Nickel ($263M), Precious Stones ($68.2M), and Uranium and Thorium Ore ($34.6M). Over the past 5 years the exports of Madagascar to China have increased at an annualized rate of 22.9%, from $192M in 2017 to $538M in 2022.

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

China-Madagascar Trade: In 2022, China exported $1.33B to Madagascar. The main products that China exported to Madagascar were Light Rubberized Knitted Fabric ($93.2M), Coated Flat-Rolled Iron ($60.7M), and Synthetic Filament Yarn Woven Fabric ($43.6M). Over the past 5 years the exports of China to Madagascar have increased at an annualized rate of 6.77%, from $959M in 2017 to $1.33B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Madagascar exported $538M to China. The main products exported from Madagascar to China were Raw Nickel ($263M), Precious Stones ($68.2M), and Uranium and Thorium Ore ($34.6M). During the last 5 years the exports of Madagascar to China have increased at an annualized rate of 22.9%, from $192M in 2017 to $538M in 2022.

In 2017, China exported $1.33B to Madagascar. The main products exported from China to Madagascar were Light Rubberized Knitted Fabric ($93.2M), Coated Flat-Rolled Iron ($60.7M), and Synthetic Filament Yarn Woven Fabric ($43.6M). During the last 5 years the exports of China to Madagascar have increased at an annualized rate of 6.77%, from $959M in 2022 to $1.33B in 2017.

Exports from Madagascar () to China () (2022)

Exports from China () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and China ()

Madagascar Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Madagascar than China included Anguilla ($730).

In 2022, countries that imported more from China than Madagascar included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Madagascar - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Madagascar had a large net trade with China in the exports of Metals ($296M), Mineral Products ($139M), and Precious Metals ($68.5M).

During 2017, China had a large net trade with Madagascar in the exports of Textiles ($440M), Machines ($241M), and Metals ($172M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar China+$45.6MRaw Nickel

Top Product Potential China Madagascar+$24.4MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to China () (2022)

Exports from China () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and China ()

Madagascar Exports

China Exports

Market Competitiveness

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

Comparative Advantage Madagascar - China

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 China () (2022)

Keep Exploring