Madagascar (MDG) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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Madagascar-Greenland Trade: In 2018, Madagascar exported $22.4k to Greenland. The main products that Madagascar exported to Greenland were N/A. Over the past 5 years the exports of Madagascar to Greenland have increased at an annualized rate of 42%, from $3.89k in 2013 to $22.4k in 2018.

In 2018, Madagascar did not export any services to Greenland.

Greenland-Madagascar Trade: In 2018, Greenland exported $5 to Madagascar. The main products that Greenland exported to Madagascar were N/A. Over the past 5 years the exports of Greenland to Madagascar have decreased at an annualized rate of 43.2%, from $149 in 2013 to $5 in 2018.

In 2018, Greenland 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, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Madagascar exported $22.4k to Greenland. There were not main exports from Madagascar to Greenland in 2018. During the last 5 years the exports of Madagascar to Greenland have increased at an annualized rate of 42%, from $3.89k in 2013 to $22.4k in 2018.

In 2001, Greenland exported $5 to Madagascar. There were not main exports from Greenland to Madagascar in 2001. During the last 5 years the exports of Greenland to Madagascar have decreased at an annualized rate of 43.2%, from $149 in 2006 to $5 in 2001.

Exports from Madagascar () to Greenland () (2018)

Exports from Greenland () to Madagascar () (2018)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Madagascar than Greenland included United States ($756M), France ($634M), and Japan ($448M).

In 2022, countries that imported more from Greenland than Madagascar included Denmark ($731M), United Kingdom ($86M), and Iceland ($18.9M).

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

Comparative Advantage Madagascar - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Madagascar had a large net trade with Greenland in the exports of .

During 2001, Greenland had a large net trade with Madagascar in the exports of .

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Greenland () (2018)

Exports from Greenland () to Madagascar () (2018)

Market Competitiveness

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

Comparative Advantage Madagascar - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Greenland () (2018)

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