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

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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).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Madagascar exported $22.5M to Malaysia. The main products exported from Madagascar to Malaysia were Copper Foil ($8.9M), Cocoa Beans ($8.34M), and Nitrogenous Fertilizers ($1.83M). During the last 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 2018, Malaysia exported $159M to Madagascar. The main products exported from Malaysia to Madagascar were Palm Oil ($111M), Refined Petroleum ($8.04M), and Malt Extract ($6.94M). During the last 5 years the exports of Malaysia to Madagascar have increased at an annualized rate of 7.89%, from $109M in 2023 to $159M in 2018.

Exports from Madagascar () to Malaysia () (2023)

Exports from Malaysia () to Madagascar () (2023)

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$669M

Malaysia
Top DestinationChina$79.8B

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 2023, countries that imported more from Madagascar than Malaysia included Comoros ($7.69M), Chad ($896k), and Burundi ($20.4k).

In 2023, countries that imported more from Malaysia than Madagascar included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia () and Madagascar () (2023)

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 2023, Madagascar had a large net trade with Malaysia in the exports of Metals ($8.9M), Foodstuffs ($8.63M), and Chemical Products ($2.16M).

During 2018, Malaysia had a large net trade with Madagascar in the exports of Animal and Vegetable Bi-Products ($119M), Foodstuffs ($10.3M), and Mineral Products ($8.08M).

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 () (2023)

Exports from Malaysia () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and Malaysia ()

Madagascar Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Madagascar () (2023)

Comparative Advantage Madagascar - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Malaysia () (2023)

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