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Pricing

2022
Flag → Flag
Exports $457kRnk 92 / 157
2022
Flag → Flag
Top Product $215kCloves
2022
Flag → Flag
Exports $118kRnk 87 / 149
2022
Flag → Flag
Top Product $27.7kAircraft Parts
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Madagascar-Nepal Trade: In 2022, Madagascar exported $457k to Nepal. The main products that Madagascar exported to Nepal were Cloves ($215k), Dried Legumes ($205k), and Twine and Rope ($36.1k). Over the past 5 years the exports of Madagascar to Nepal have increased at an annualized rate of 4.9%, from $360k in 2017 to $457k in 2022.

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

Nepal-Madagascar In N/A, Nepal did not export any products to Madagascar.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $457k to Nepal. The main products exported from Madagascar to Nepal were Cloves ($215k), Dried Legumes ($205k), and Twine and Rope ($36.1k). During the last 5 years the exports of Madagascar to Nepal have increased at an annualized rate of 4.9%, from $360k in 2017 to $457k in 2022.

Nepal does not register exports to Madagascar. The main products exported from Nepal to Madagascar were Aircraft Parts ($27.7k) and Locomotive Parts ($21.1k).

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

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

Latest Data

Trade between Madagascar (Flag) and Nepal (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Madagascar than Nepal included France ($634M), United States ($756M), and China ($538M).

In 2022, countries that imported more from Nepal than Madagascar included India ($956M), Central African Republic ($8.88M), and Turkey ($28.3M).

Difference in imports from Nepal (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Nepal

Flow
Scale

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

During 2022, Madagascar had a large net trade with Nepal in the exports of Vegetable Products ($420k), Textiles ($37k), and Instruments ($417).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Nepal+$283kDried Legumes
Top Product Potential Nepal Madagascar+$2.31kPalm Oil

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 Nepal. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Madagascar.

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

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