GDP$15BCURRENT US$Rnk 131 / 186 GDP GROWTH29.2%CURRENT US$Rnk 104 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $505CURRENT US$Rnk 182 / 186GDP PC GROWTH0.17%CURRENT US$Rnk 139 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Madagascar did not export any services to Somalia.
Somalia-Madagascar In N/A, Somalia did not export any products to Madagascar.
In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
Madagascar does not register exports to Somalia.
Somalia does not register exports to Madagascar.
) to Somalia () (2018)) to Madagascar () (2018)This map shows whether countries import more from Madagascar or Somalia. Each country is colored based on the difference in imports they receive from Madagascar and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Madagascar than Somalia included United States ($756M), France ($634M), and China ($538M).
In 2022, countries that imported more from Somalia than Madagascar included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).
) and Madagascar () (2022)This chart compares trade between Madagascar and Somalia by product, considering products traded by both, Madagascar and Somalia.
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.
This visualization shows the product space at the HS4 level with the flags of Madagascar and Somalia. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Madagascar.
) and Somalia () (2018)
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