2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 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
$22,057CURRENT US$
Rnk 59 / 196
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195

About

Madagascar-Poland Trade: In 2023, Madagascar exported $13.5M to Poland. The main products that Madagascar exported to Poland were Vanilla ($2.92M), Knit Sweaters ($1.78M), and Graphite ($1.28M). Over the past 5 years the exports of Madagascar to Poland have decreased at an annualized rate of 2.75%, from $15.6M in 2018 to $13.5M in 2023.

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

Poland-Madagascar Trade: In 2023, Poland exported $91.3M to Madagascar. The main products that Poland exported to Madagascar were Wheat ($87.7M), Insulated Wire ($755k), and Kraft Paper ($548k). Over the past 5 years the exports of Poland to Madagascar have increased at an annualized rate of 82.8%,  from $4.47M in 2018 to $91.3M in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $13.5M to Poland. The main products exported from Madagascar to Poland were Vanilla ($2.92M), Knit Sweaters ($1.78M), and Graphite ($1.28M). During the last 5 years the exports of Madagascar to Poland have decreased at an annualized rate of 2.75%, from $15.6M in 2018 to $13.5M in 2023.

In 2018, Poland exported $91.3M to Madagascar. The main products exported from Poland to Madagascar were Wheat ($87.7M), Insulated Wire ($755k), and Kraft Paper ($548k). During the last 5 years the exports of Poland to Madagascar have increased at an annualized rate of 82.8%, from $4.47M in 2023 to $91.3M in 2018.

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

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

Latest Data

Trade between Madagascar (Flag) and Poland (Flag)

Madagascar Exports

Poland Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Poland
Top Destination
Germany$84B

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

In 2023, countries that imported more from Madagascar than Poland included Mauritius ($46.5M) and Eritrea ($313k).

In 2023, countries that imported more from Poland than Madagascar included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

Difference in imports from Poland (Flag) and Madagascar (Flag) (2023)

Comparative Advantage Madagascar - Poland

Flow
Scale

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

During 2023, Madagascar had a large net trade with Poland in the exports of Textiles ($5.57M), Vegetable Products ($4.84M), and Mineral Products ($1.28M).

During 2018, Poland had a large net trade with Madagascar in the exports of Vegetable Products ($87.7M), Machines ($1.16M), and Paper Goods ($549k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Poland+$1.44MNon-Knit Women's Suits
Top Product Potential Poland Madagascar+$362kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Madagascar (Flag) and Poland (Flag) (2023)

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