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Pricing

2022
Flag → Flag
Exports $170kRnk 111 / 157
2022
Flag → Flag
Top Product $39.9kNon-Knit Men's Shirts
2022
Flag → Flag
Exports $198kRnk 6 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 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$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Madagascar-Guatemala Trade: In 2022, Madagascar exported $170k to Guatemala. The main products that Madagascar exported to Guatemala were Non-Knit Men's Shirts ($39.9k), Non-Knit Women's Suits ($37.5k), and Non-Knit Men's Suits ($33.9k). Over the past 10 years the exports of Madagascar to Guatemala have increased at an annualized rate of 33.3%, from $9.57k in 2012 to $170k in 2022.

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

Guatemala-Madagascar Trade: In 2022, Guatemala exported $198k to Madagascar. The main products that Guatemala exported to Madagascar were N/A. Over the past 10 years the exports of Guatemala to Madagascar have increased at an annualized rate of 206%,  from $732 in 2012 to $198k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $170k to Guatemala. The main products exported from Madagascar to Guatemala were Non-Knit Men's Shirts ($39.9k), Non-Knit Women's Suits ($37.5k), and Non-Knit Men's Suits ($33.9k). During the last 10 years the exports of Madagascar to Guatemala have increased at an annualized rate of 33.3%, from $9.57k in 2012 to $170k in 2022.

In 2016, Guatemala exported $198k to Madagascar. There were not main exports from Guatemala to Madagascar in 2016. During the last 5 years the exports of Guatemala to Madagascar have increased at an annualized rate of 206%, from $732 in 2021 to $198k in 2016.

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

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

Latest Data

Trade between Madagascar (Flag) and Guatemala (Flag)

Madagascar Exports

Guatemala Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Madagascar than Guatemala included France ($634M), Japan ($448M), and Indonesia ($147M).

In 2022, countries that imported more from Guatemala than Madagascar included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Madagascar - Guatemala

Flow
Scale

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

During 2022, Madagascar had a large net trade with Guatemala in the exports of Textiles ($155k), Vegetable Products ($11.2k), and Chemical Products ($3k).

During 2016, Guatemala had a large net trade with Madagascar in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Guatemala+$109kNon-Knit Women's Suits
Top Product Potential Guatemala Madagascar+$2.64kPalm Oil

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

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

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