Madagascar-Sri Lanka Trade: In 2022, Madagascar exported $1.08M to Sri Lanka. The main products that Madagascar exported to Sri Lanka were Other Vegetable Products ($313k), Plaiting Products ($294k), and Vegetable Plaiting Materials ($253k). Over the past 5 years the exports of Madagascar to Sri Lanka have decreased at an annualized rate of 18.8%, from $3.06M in 2017 to $1.08M in 2022.
In 2022, Madagascar did not export any services to Sri Lanka.
Sri Lanka-Madagascar Trade: In 2022, Sri Lanka exported $322k to Madagascar. The main products that Sri Lanka exported to Madagascar were Buttons ($145k), Sewing Machines ($39.1k), and Activated Carbon ($33.6k). Over the past 5 years the exports of Sri Lanka to Madagascar have decreased at an annualized rate of 13.4%, from $663k in 2017 to $322k in 2022.
In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).