2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 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
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Madagascar-Gabon Trade: In 2023, Madagascar exported $156k to Gabon. The main products that Madagascar exported to Gabon were Non-Knit Active Wear ($70.3k), Refined Petroleum ($33.8k), and Other Furniture ($17.1k). Over the past 5 years the exports of Madagascar to Gabon have increased at an annualized rate of 12.4%, from $86.6k in 2018 to $156k in 2023.

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

Gabon-Madagascar Trade: In 2023, Gabon exported $1.1M to Madagascar. The main products that Gabon exported to Madagascar were Stone Processing Machines ($503k), Large Construction Vehicles ($274k), and Electrical Transformers ($216k). Over the past 5 years the exports of Gabon to Madagascar have increased at an annualized rate of 80.9%,  from $56.5k in 2018 to $1.1M in 2023.

In 2023, Gabon 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, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $156k to Gabon. The main products exported from Madagascar to Gabon were Non-Knit Active Wear ($70.3k), Refined Petroleum ($33.8k), and Other Furniture ($17.1k). During the last 5 years the exports of Madagascar to Gabon have increased at an annualized rate of 12.4%, from $86.6k in 2018 to $156k in 2023.

In 2018, Gabon exported $1.1M to Madagascar. The main products exported from Gabon to Madagascar were Stone Processing Machines ($503k), Large Construction Vehicles ($274k), and Electrical Transformers ($216k). During the last 5 years the exports of Gabon to Madagascar have increased at an annualized rate of 80.9%, from $56.5k in 2023 to $1.1M in 2018.

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

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

Latest Data

Trade between Madagascar (Flag) and Gabon (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Gabon
Top Destination
China$2.77B

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

In 2023, countries that imported more from Madagascar than Gabon included United States ($669M), Japan ($345M), and France ($641M).

In 2023, countries that imported more from Gabon than Madagascar included China ($2.77B), Indonesia ($875M), and Israel ($680M).

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

Comparative Advantage Madagascar - Gabon

Flow
Scale

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

During 2023, Madagascar had a large net trade with Gabon in the exports of Textiles ($75.4k), Mineral Products ($33.8k), and Miscellaneous ($18k).

During 2018, Gabon had a large net trade with Madagascar in the exports of Machines ($1.05M), Wood Products ($34.6k), and Transportation ($12k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Gabon+$2.4kTrailers and semi-trailers, not mechanically propelled vehicles
Top Product Potential Gabon Madagascar+$21kSawn Wood

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

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

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