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2023
Flag → Flag
Exports $1.39MRnk 71 / 156
2023
Flag → Flag
Top Product $596kProcessed Crustaceans
2023
Flag → Flag
Exports $2.62MRnk 103 / 191
2023
Flag → Flag
Top Product $1.34MIron Railway Products
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 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$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Madagascar-Luxembourg Trade: In 2023, Madagascar exported $1.39M to Luxembourg. The main products that Madagascar exported to Luxembourg were Processed Crustaceans ($596k), Other Fruits ($156k), and Non-Knit Men's Suits ($80.6k). Over the past 5 years the exports of Madagascar to Luxembourg have decreased at an annualized rate of 5.42%, from $1.83M in 2018 to $1.39M in 2023.

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

Luxembourg-Madagascar Trade: In 2023, Luxembourg exported $2.62M to Madagascar. The main products that Luxembourg exported to Madagascar were Iron Railway Products ($1.34M), Chocolate ($296k), and Recreational Boats ($149k). Over the past 5 years the exports of Luxembourg to Madagascar have increased at an annualized rate of 44.4%,  from $418k in 2018 to $2.62M in 2023.

In 2023, Luxembourg 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, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $1.39M to Luxembourg. The main products exported from Madagascar to Luxembourg were Processed Crustaceans ($596k), Other Fruits ($156k), and Non-Knit Men's Suits ($80.6k). During the last 5 years the exports of Madagascar to Luxembourg have decreased at an annualized rate of 5.42%, from $1.83M in 2018 to $1.39M in 2023.

In 2018, Luxembourg exported $2.62M to Madagascar. The main products exported from Luxembourg to Madagascar were Iron Railway Products ($1.34M), Chocolate ($296k), and Recreational Boats ($149k). During the last 5 years the exports of Luxembourg to Madagascar have increased at an annualized rate of 44.4%, from $418k in 2023 to $2.62M in 2018.

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

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

Latest Data

Trade between Madagascar (Flag) and Luxembourg (Flag)

Madagascar Exports

Luxembourg Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$669M
Luxembourg
Top DestinationGermany$3.42B

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

In 2023, countries that imported more from Madagascar than Luxembourg included Japan ($345M), South Korea ($271M), and Indonesia ($165M).

In 2023, countries that imported more from Luxembourg than Madagascar included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

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

Comparative Advantage Madagascar - Luxembourg

Flow
Scale

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

During 2023, Madagascar had a large net trade with Luxembourg in the exports of Foodstuffs ($627k), Textiles ($393k), and Vegetable Products ($268k).

During 2018, Luxembourg had a large net trade with Madagascar in the exports of Metals ($1.45M), Machines ($426k), and Foodstuffs ($389k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Madagascar and Luxembourg. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Luxembourg. Similarly, a dot/product with the flag of Luxembourg indicates it has a comparative advantage over Madagascar.

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

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