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2022
Flag → Flag
Exports $208kRnk 105 / 157
2022
Flag → Flag
Top Product $120kDried Legumes
2022
Flag → Flag
Exports $98.7kRnk 168 / 194
2022
Flag → Flag
Top Product $40.8kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Madagascar-Cyprus Trade: In 2022, Madagascar exported $208k to Cyprus. The main products that Madagascar exported to Cyprus were Dried Legumes ($120k), Knit Sweaters ($72.3k), and Basketwork ($2.79k). Over the past 5 years the exports of Madagascar to Cyprus have increased at an annualized rate of 13.2%, from $112k in 2017 to $208k in 2022.

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

Cyprus-Madagascar Trade: In 2022, Cyprus exported $98.7k to Madagascar. The main products that Cyprus exported to Madagascar were Packaged Medicaments ($40.8k), Dried Legumes ($32.7k), and Liquid Dispersing Machines ($8.1k). Over the past 5 years the exports of Cyprus to Madagascar have decreased at an annualized rate of 13.2%,  from $200k in 2017 to $98.7k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $208k to Cyprus. The main products exported from Madagascar to Cyprus were Dried Legumes ($120k), Knit Sweaters ($72.3k), and Basketwork ($2.79k). During the last 5 years the exports of Madagascar to Cyprus have increased at an annualized rate of 13.2%, from $112k in 2017 to $208k in 2022.

In 2017, Cyprus exported $98.7k to Madagascar. The main products exported from Cyprus to Madagascar were Packaged Medicaments ($40.8k), Dried Legumes ($32.7k), and Liquid Dispersing Machines ($8.1k). During the last 5 years the exports of Cyprus to Madagascar have decreased at an annualized rate of 13.2%, from $200k in 2022 to $98.7k in 2017.

Exports from Madagascar (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and Cyprus (Flag)

Madagascar Exports

Cyprus Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Madagascar than Cyprus included United States ($756M), China ($538M), and France ($634M).

In 2022, countries that imported more from Cyprus than Madagascar included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

Difference in imports from Cyprus (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Cyprus

Flow
Scale

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

During 2022, Madagascar had a large net trade with Cyprus in the exports of Vegetable Products ($120k), Textiles ($79.1k), and Wood Products ($2.79k).

During 2017, Cyprus had a large net trade with Madagascar in the exports of Chemical Products ($41.4k), Vegetable Products ($32.7k), and Instruments ($9.12k).

Economic Complexity

Competitive Landscape

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

Product Space of Madagascar (Flag) and Cyprus (Flag) (2022)

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