2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Madagascar-Ethiopia Trade: In 2022, Madagascar exported $12.2M to Ethiopia. The main products that Madagascar exported to Ethiopia were Refined Petroleum ($11.5M), Other Edible Preparations ($535k), and Sewing Machines ($95.5k). Over the past 5 years the exports of Madagascar to Ethiopia have increased at an annualized rate of 71.2%, from $832k in 2017 to $12.2M in 2022.

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

Ethiopia-Madagascar Trade: In 2022, Ethiopia exported $5.47M to Madagascar. The main products that Ethiopia exported to Madagascar were Glass Bottles ($4.29M), Other Glass Articles ($633k), and Other Cloth Articles ($138k). Over the past 5 years the exports of Ethiopia to Madagascar have increased at an annualized rate of 57.8%,  from $225k in 2017 to $5.47M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $12.2M to Ethiopia. The main products exported from Madagascar to Ethiopia were Refined Petroleum ($11.5M), Other Edible Preparations ($535k), and Sewing Machines ($95.5k). During the last 5 years the exports of Madagascar to Ethiopia have increased at an annualized rate of 71.2%, from $832k in 2017 to $12.2M in 2022.

In 2017, Ethiopia exported $5.47M to Madagascar. The main products exported from Ethiopia to Madagascar were Glass Bottles ($4.29M), Other Glass Articles ($633k), and Other Cloth Articles ($138k). During the last 5 years the exports of Ethiopia to Madagascar have increased at an annualized rate of 57.8%, from $225k in 2022 to $5.47M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Ethiopia (Flag)

Madagascar Exports

Ethiopia Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Ethiopia
Top Destination
United Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Madagascar included United Arab Emirates ($723M), Saudi Arabia ($268M), and Somalia ($265M).

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

Comparative Advantage Madagascar - Ethiopia

Flow
Scale

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

During 2022, Madagascar had a large net trade with Ethiopia in the exports of Mineral Products ($11.5M), Foodstuffs ($535k), and Machines ($95.5k).

During 2017, Ethiopia had a large net trade with Madagascar in the exports of Stone And Glass ($4.93M), Vegetable Products ($187k), and Textiles ($138k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Ethiopia+$63.9kOther Edible Preparations
Top Product Potential Ethiopia Madagascar+$187kCoffee

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

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

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