Madagascar (MDG) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Madagascar-Germany Trade: In 2022, Madagascar exported $162M to Germany. The main products that Madagascar exported to Germany were Vanilla ($45.7M), Knit Sweaters ($21.2M), and Processed Fish ($17.9M). Over the past 5 years the exports of Madagascar to Germany have decreased at an annualized rate of 8.01%, from $246M in 2017 to $162M in 2022.

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

Germany-Madagascar Trade: In 2022, Germany exported $41.1M to Madagascar. The main products that Germany exported to Madagascar were Machinery Having Individual Functions ($2.12M), Transmissions ($1.92M), and Pens ($1.8M). Over the past 5 years the exports of Germany to Madagascar have decreased at an annualized rate of 6.39%, from $69.7M in 2017 to $41.1M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Madagascar exported $162M to Germany. The main products exported from Madagascar to Germany were Vanilla ($45.7M), Knit Sweaters ($21.2M), and Processed Fish ($17.9M). During the last 5 years the exports of Madagascar to Germany have decreased at an annualized rate of 8.01%, from $246M in 2017 to $162M in 2022.

In 2017, Germany exported $41.1M to Madagascar. The main products exported from Germany to Madagascar were Machinery Having Individual Functions ($2.12M), Transmissions ($1.92M), and Pens ($1.8M). During the last 5 years the exports of Germany to Madagascar have decreased at an annualized rate of 6.39%, from $69.7M in 2022 to $41.1M in 2017.

Exports from Madagascar () to Germany () (2022)

Exports from Germany () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Germany ()

Madagascar Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Madagascar than Germany included Comoros ($7.03M) and North Korea ($1.51k).

In 2022, countries that imported more from Germany than Madagascar included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Madagascar - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Madagascar had a large net trade with Germany in the exports of Vegetable Products ($70.8M), Textiles ($38.7M), and Foodstuffs ($20M).

During 2017, Germany had a large net trade with Madagascar in the exports of Machines ($16.3M), Chemical Products ($6.33M), and Textiles ($3.13M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Germany+$18.5MKnit Sweaters

Top Product Potential Germany Madagascar+$3.08MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Germany () (2022)

Exports from Germany () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Germany ()

Madagascar Exports

Germany Exports

Market Competitiveness

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

Comparative Advantage Madagascar - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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