2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
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GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 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
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

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
Value

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 (Flag) to Malaysia (Flag) (2023)

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

Latest Data

Trade between Madagascar (Flag) and Malaysia (Flag)

Madagascar Exports

Malaysia Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Malaysia
Top Destination
China$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 (Flag) and Madagascar (Flag) (2023)

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 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

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) (2023)

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