Madagascar-Malaysia Trade: In 2023, Madagascar exported $22.5M to Malaysia. The main products that Madagascar exported to Malaysia were Copper Foil ($8.9M), Cocoa Beans ($8.34M), and Nitrogenous Fertilizers ($1.83M). Over the past 5 years the exports of Madagascar to Malaysia have increased at an annualized rate of 33.4%, from $5.34M in 2018 to $22.5M in 2023.
In 2023, Madagascar did not export any services to Malaysia.
Malaysia-Madagascar Trade: In 2023, Malaysia exported $159M to Madagascar. The main products that Malaysia exported to Madagascar were Palm Oil ($111M), Refined Petroleum ($8.04M), and Malt Extract ($6.94M). Over the past 5 years the exports of Malaysia to Madagascar have increased at an annualized rate of 7.89%, from $109M in 2018 to $159M in 2023.
In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).