2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 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
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Madagascar-Algeria Trade: In 2023, Madagascar exported $843k to Algeria. The main products that Madagascar exported to Algeria were Cloves ($314k), Cocoa Beans ($255k), and Dried Legumes ($168k). Over the past 5 years the exports of Madagascar to Algeria have increased at an annualized rate of 28.3%, from $242k in 2018 to $843k in 2023.

In 2023, Madagascar did not export any services to Algeria.

Algeria-Madagascar Trade: In 2023, Algeria exported $52.8k to Madagascar. The main products that Algeria exported to Madagascar were Packaged Medicaments ($29.2k), Baked Goods ($21.8k), and Chocolate ($1.53k). Over the past 5 years the exports of Algeria to Madagascar have increased at an annualized rate of 9.63%,  from $33.3k in 2018 to $52.8k in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $843k to Algeria. The main products exported from Madagascar to Algeria were Cloves ($314k), Cocoa Beans ($255k), and Dried Legumes ($168k). During the last 5 years the exports of Madagascar to Algeria have increased at an annualized rate of 28.3%, from $242k in 2018 to $843k in 2023.

In 2018, Algeria exported $52.8k to Madagascar. The main products exported from Algeria to Madagascar were Packaged Medicaments ($29.2k), Baked Goods ($21.8k), and Chocolate ($1.53k). During the last 5 years the exports of Algeria to Madagascar have increased at an annualized rate of 9.63%, from $33.3k in 2023 to $52.8k in 2018.

Exports from Madagascar (Flag) to Algeria (Flag) (2023)

Exports from Algeria (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and Algeria (Flag)

Madagascar Exports

Algeria Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Algeria
Top Destination
Italy$15.2B

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

In 2023, countries that imported more from Madagascar than Algeria included South Korea ($271M), United Arab Emirates ($108M), and Mauritius ($46.5M).

In 2023, countries that imported more from Algeria than Madagascar included Italy ($15.2B), Spain ($6.73B), and France ($7.29B).

Difference in imports from Algeria (Flag) and Madagascar (Flag) (2023)

Comparative Advantage Madagascar - Algeria

Flow
Scale

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

During 2023, Madagascar had a large net trade with Algeria in the exports of Vegetable Products ($533k), Foodstuffs ($255k), and Textiles ($55.3k).

During 2018, Algeria had a large net trade with Madagascar in the exports of Chemical Products ($29.2k), Foodstuffs ($23.3k), and Machines ($217).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Algeria+$587kDried Legumes
Top Product Potential Algeria Madagascar+$8.77kBaked Goods

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

Product Space of Madagascar (Flag) and Algeria (Flag) (2023)

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