Madagascar (MDG) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Madagascar-Pakistan Trade: In 2023, Madagascar exported $4.43M to Pakistan. The main products that Madagascar exported to Pakistan were Nitrogenous Fertilizers ($1.75M), Cloves ($1.45M), and Pepper ($784k). Over the past 5 years the exports of Madagascar to Pakistan have decreased at an annualized rate of 9.56%, from $7.32M in 2018 to $4.43M in 2023.

In 2023, Madagascar did not export any services to Pakistan.

Pakistan-Madagascar Trade: In 2023, Pakistan exported $144M to Madagascar. The main products that Pakistan exported to Madagascar were Rice ($70.9M), Cement ($43M), and Used Clothing ($10.2M). Over the past 5 years the exports of Pakistan to Madagascar have decreased at an annualized rate of 1.86%, from $202M in 2018 to $144M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Madagascar exported $4.43M to Pakistan. The main products exported from Madagascar to Pakistan were Nitrogenous Fertilizers ($1.75M), Cloves ($1.45M), and Pepper ($784k). During the last 5 years the exports of Madagascar to Pakistan have decreased at an annualized rate of 9.56%, from $7.32M in 2018 to $4.43M in 2023.

In 2018, Pakistan exported $144M to Madagascar. The main products exported from Pakistan to Madagascar were Rice ($70.9M), Cement ($43M), and Used Clothing ($10.2M). During the last 5 years the exports of Pakistan to Madagascar have decreased at an annualized rate of 1.86%, from $202M in 2023 to $144M in 2018.

Exports from Madagascar () to Pakistan () (2023)

Exports from Pakistan () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and Pakistan ()

Madagascar Exports

Date

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$669M

Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Madagascar than Pakistan included India ($152M), South Korea ($271M), and Japan ($345M).

In 2023, countries that imported more from Pakistan than Madagascar included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

Comparative Advantage Madagascar - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Madagascar had a large net trade with Pakistan in the exports of Vegetable Products ($2.42M), Chemical Products ($1.75M), and Textiles ($133k).

During 2018, Pakistan had a large net trade with Madagascar in the exports of Vegetable Products ($70.9M), Mineral Products ($43.2M), and Textiles ($24.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Pakistan+$998kNitrogenous Fertilizers

Top Product Potential Pakistan Madagascar+$748kNon-Retail Pure Cotton Yarn

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Pakistan () (2023)

Exports from Pakistan () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and Pakistan ()

Madagascar Exports

Pakistan Exports

Market Competitiveness

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

Comparative Advantage Madagascar - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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