Madagascar / Russia

Madagascar-Russia Trade: In 2023, Madagascar exported $2.52M to Russia. The main products that Madagascar exported to Russia were Preserved Fruits and Nuts ($1.99M), Cloves ($425k), and Vanilla ($82k). Over the past 5 years the exports of Madagascar to Russia have decreased at an annualized rate of 31.5%, from $16.8M in 2018 to $2.52M in 2023.

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

Russia-Madagascar Trade: In 2023, Russia exported $420k to Madagascar. The main products that Russia exported to Madagascar were Dried Legumes ($389k), Other Inedible Animal Products ($30k), and Wheat ($407). Over the past 5 years the exports of Russia to Madagascar have decreased at an annualized rate of 50.2%,  from $13.6M in 2018 to $420k in 2023.

In 2020, Russia exported services to Madagascar worth $301k, with Communications services ($154k), Transportation ($119k), and Other business services ($23k) being the largest in terms of value.

Comparison: In 2023,  Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).