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Pricing

2022
Flag → Flag
Exports $1.21MRnk 66 / 157
2022
Flag → Flag
Top Product $514kVanilla
2022
Flag → Flag
Exports $11.6MRnk 79 / 188
2022
Flag → Flag
Top Product $11.5MWheat
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$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 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$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Madagascar-Estonia Trade: In 2022, Madagascar exported $1.21M to Estonia. The main products that Madagascar exported to Estonia were Vanilla ($514k), Non-Knit Men's Suits ($291k), and Non-Knit Active Wear ($148k). Over the past 5 years the exports of Madagascar to Estonia have decreased at an annualized rate of 10.1%, from $2.05M in 2017 to $1.21M in 2022.

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

Estonia-Madagascar Trade: In 2022, Estonia exported $11.6M to Madagascar. The main products that Estonia exported to Madagascar were Wheat ($11.5M), Centrifuges ($13.3k), and Other Plastic Products ($9.47k). Over the past 5 years the exports of Estonia to Madagascar have increased at an annualized rate of 245%,  from $23.7k in 2017 to $11.6M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $1.21M to Estonia. The main products exported from Madagascar to Estonia were Vanilla ($514k), Non-Knit Men's Suits ($291k), and Non-Knit Active Wear ($148k). During the last 5 years the exports of Madagascar to Estonia have decreased at an annualized rate of 10.1%, from $2.05M in 2017 to $1.21M in 2022.

In 2017, Estonia exported $11.6M to Madagascar. The main products exported from Estonia to Madagascar were Wheat ($11.5M), Centrifuges ($13.3k), and Other Plastic Products ($9.47k). During the last 5 years the exports of Estonia to Madagascar have increased at an annualized rate of 245%, from $23.7k in 2022 to $11.6M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Estonia (Flag)

Madagascar Exports

Estonia Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Madagascar than Estonia included China ($538M), Japan ($448M), and France ($634M).

In 2022, countries that imported more from Estonia than Madagascar included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Madagascar - Estonia

Flow
Scale

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

During 2022, Madagascar had a large net trade with Estonia in the exports of Textiles ($630k), Vegetable Products ($563k), and Machines ($5.26k).

During 2017, Estonia had a large net trade with Madagascar in the exports of Vegetable Products ($11.5M), Machines ($13.3k), and Plastics and Rubbers ($9.47k).

Economic Complexity

Competitive Landscape

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

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

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