Madagascar (MDG) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Madagascar-Malaysia Trade: In 2022, Madagascar exported $14.4M to Malaysia. The main products that Madagascar exported to Malaysia were Cocoa Beans ($6.23M), Cloves ($5.62M), and Nitrogenous Fertilizers ($824k). Over the past 5 years the exports of Madagascar to Malaysia have increased at an annualized rate of 30.8%, from $3.75M in 2017 to $14.4M in 2022.

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

Malaysia-Madagascar Trade: In 2022, Malaysia exported $205M to Madagascar. The main products that Malaysia exported to Madagascar were Palm Oil ($165M), Malt Extract ($4.91M), and Concentrated Milk ($4.81M). Over the past 5 years the exports of Malaysia to Madagascar have increased at an annualized rate of 10.1%, from $115M in 2017 to $205M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Madagascar exported $14.4M to Malaysia. The main products exported from Madagascar to Malaysia were Cocoa Beans ($6.23M), Cloves ($5.62M), and Nitrogenous Fertilizers ($824k). During the last 5 years the exports of Madagascar to Malaysia have increased at an annualized rate of 30.8%, from $3.75M in 2017 to $14.4M in 2022.

In 2017, Malaysia exported $205M to Madagascar. The main products exported from Malaysia to Madagascar were Palm Oil ($165M), Malt Extract ($4.91M), and Concentrated Milk ($4.81M). During the last 5 years the exports of Malaysia to Madagascar have increased at an annualized rate of 10.1%, from $115M in 2022 to $205M in 2017.

Exports from Madagascar () to Malaysia () (2022)

Exports from Malaysia () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Malaysia ()

Madagascar Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Madagascar than Malaysia included Chad ($1.17M), Turks and Caicos Islands ($322k), and San Marino ($2.38k).

In 2022, countries that imported more from Malaysia than Madagascar included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Madagascar - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Madagascar had a large net trade with Malaysia in the exports of Foodstuffs ($6.35M), Vegetable Products ($5.93M), and Chemical Products ($1.24M).

During 2017, Malaysia had a large net trade with Madagascar in the exports of Animal and Vegetable Bi-Products ($180M), Foodstuffs ($6.61M), and Animal Products ($4.96M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Malaysia+$1.66MCocoa Beans

Top Product Potential Malaysia Madagascar+$1.38MIndustrial Fatty Acids, Oils and Alcohols

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Malaysia () (2022)

Exports from Malaysia () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Malaysia ()

Madagascar Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Madagascar - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Malaysia () (2022)

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