Madagascar (MDG) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Madagascar-Cape Verde In 2013, Madagascar exported $2.97k to Cape Verde. The main products that Madagascar exported to Cape Verde are N/A. During the last 18 years the exports of Madagascar to Cape Verde have decreased at an annualized rate of 20.7%, from $194k in 1995 to $2.97k in 2013.

In 2013, Madagascar did not export any services to Cape Verde.

Cape Verde-Madagascar In 2013, Cape Verde exported $419k to Madagascar. The main products that Cape Verde exported to Madagascar were N/A. During the last 18 years the exports of Cape Verde to Madagascar have increased at an annualized rate of 43.7%, from $614 in 1995 to $419k in 2013.

In 2013, Cape Verde 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, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Madagascar exported $2.97k to Cape Verde. There were not main exports from Madagascar to Cape Verde in 2013. During the last 18 years the exports of Madagascar to Cape Verde have decreased at an annualized rate of 20.7%, from $194k in 1995 to $2.97k in 2013.

In 2021, Cape Verde exported $419k to Madagascar. There were not main exports from Cape Verde to Madagascar in 2021. During the last 26 years the exports of Cape Verde to Madagascar have increased at an annualized rate of 43.7%, from $614 in 1995 to $419k in 2021.

Exports from Madagascar () to Cape Verde () (2021)

Exports from Cape Verde () to Madagascar () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Cape Verde
Top DestinationSpain$51.3M

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

In 2021, countries that imported more from Madagascar than Cape Verde were United States ($756M), France ($634M), and China ($538M).

In 2021, countries that imported more from Cape Verde than Madagascar were Spain ($51.3M), Senegal ($3.8M), and Portugal ($10.9M).

Difference in imports from Cape Verde () and Madagascar () (2022)

Comparative Advantage Madagascar - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Madagascar had a large net trade with Cape Verde in the exports of .

During 2021, Cape Verde had a large net trade with Madagascar in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Madagascar has comparative advantage over Cape Verde. Similarly, the more yellow a dot/product is, the more Cape Verde has comparative advantage over Madagascar.

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Cape Verde () (2021)

Exports from Cape Verde () to Madagascar () (2021)

Market Competitiveness

Difference in imports from Cape Verde () and Madagascar () (2022)

Comparative Advantage Madagascar - Cape Verde

Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Cape Verde () (2021)

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