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

2018

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Exports $22.4kRnk 83 / 0

2018

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Exports $5Rnk 55 / 0

2022

Economic Complexity (ECI) ECI -1.08Rnk 115 / 133

2022

GDP$15BCURRENT US$
Rnk 131 / 186

2012-2022

GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186

2022

GDP PC $505CURRENT US$
Rnk 182 / 186

2012-2022

GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

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 49.3%, 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

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)

Economic Complexity

Competitive Landscape

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

Market Competitiveness

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

Economic Complexity

Competitive Landscape

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

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