2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

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 12.2%,  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
Value

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 12.2%, from $115M in 2022 to $205M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Malaysia (Flag)

Madagascar Exports

Malaysia Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Malaysia
Top Destination
Singapore$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 (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Malaysia

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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.

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

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