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2023
Flag → Flag
Exports $1.4MRnk 69 / 156
2023
Flag → Flag
Exports $3.12MRnk 85 / 162
2023
Flag → Flag
Top Product $795kLarge Construction Vehicles
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC $506CURRENT US$
Rnk 192 / 195
2013-2023
Flag
GDP PC GROWTH-1.77%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC$2,531CURRENT US$
Rnk 147 / 196
2013-2023
Flag
GDP PC GROWTH41.7%CURRENT US$
Rnk 59 / 195

About

Madagascar-Cote d'Ivoire Trade: In 2023, Madagascar exported $1.4M to Cote d'Ivoire. The main products that Madagascar exported to Cote d'Ivoire were N/A. Over the past 5 years the exports of Madagascar to Cote d'Ivoire have increased at an annualized rate of 44.3%, from $223k in 2018 to $1.4M in 2023.

In 2023, Madagascar did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Madagascar Trade: In 2023, Cote d'Ivoire exported $3.12M to Madagascar. The main products that Cote d'Ivoire exported to Madagascar were Large Construction Vehicles ($795k), Beauty Products ($574k), and Coffee ($389k). Over the past 5 years the exports of Cote d'Ivoire to Madagascar have increased at an annualized rate of 63.7%,  from $266k in 2018 to $3.12M in 2023.

In 2023, Cote d'Ivoire did not export any services to Madagascar.

Comparison: In 2023,  Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B). That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $1.4M to Cote d'Ivoire. There were not main exports from Madagascar to Cote d'Ivoire in 2023. During the last 5 years the exports of Madagascar to Cote d'Ivoire have increased at an annualized rate of 44.3%, from $223k in 2018 to $1.4M in 2023.

In 2018, Cote d'Ivoire exported $3.12M to Madagascar. The main products exported from Cote d'Ivoire to Madagascar were Large Construction Vehicles ($795k), Beauty Products ($574k), and Coffee ($389k). During the last 5 years the exports of Cote d'Ivoire to Madagascar have increased at an annualized rate of 63.7%, from $266k in 2023 to $3.12M in 2018.

Exports from Madagascar (Flag) to Cote d'Ivoire (Flag) (2023)

Exports from Cote d'Ivoire (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and Cote d'Ivoire (Flag)

Madagascar Exports

Cote d'Ivoire Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$669M
Cote d'Ivoire
Top DestinationSwitzerland$3.88B

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

In 2023, countries that imported more from Madagascar than Cote d'Ivoire included Japan ($345M), South Korea ($271M), and Chinese Taipei ($99.8M).

In 2023, countries that imported more from Cote d'Ivoire than Madagascar included Switzerland ($3.88B), Netherlands ($1.99B), and Mali ($1.59B).

Difference in imports from Cote d'Ivoire (Flag) and Madagascar (Flag) (2023)

Comparative Advantage Madagascar - Cote d'Ivoire

Flow
Scale

This chart compares trade between Madagascar and Cote d'Ivoire by product, considering products traded by both, Madagascar and Cote d'Ivoire.

During 2023, Madagascar had a large net trade with Cote d'Ivoire in the exports of Animal Products ($845k), Vegetable Products ($122k), and Textiles ($95.5k).

During 2018, Cote d'Ivoire had a large net trade with Madagascar in the exports of Machines ($931k), Chemical Products ($706k), and Transportation ($414k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Cote d'Ivoire+$22.5kCranes
Top Product Potential Cote d'Ivoire Madagascar+$30.1kSoap

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

Product Space of Madagascar (Flag) and Cote d'Ivoire (Flag) (2023)

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