Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Flag → Flag
Exports $788kRnk 54 / 157
2022
Flag → Flag
Top Product $373kGraphite
2022
Flag → Flag
Exports $3.18MRnk 122 / 203
2022
Flag → Flag
Top Product $1.14MElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 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$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

Madagascar-Slovakia Trade: In 2022, Madagascar exported $788k to Slovakia. The main products that Madagascar exported to Slovakia were Graphite ($373k), Knit Sweaters ($359k), and Non-Knit Men's Suits ($271k). Over the past 5 years the exports of Madagascar to Slovakia have increased at an annualized rate of 8.75%, from $518k in 2017 to $788k in 2022.

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

Slovakia-Madagascar Trade: In 2022, Slovakia exported $3.18M to Madagascar. The main products that Slovakia exported to Madagascar were Electrical Transformers ($1.14M), Non-Retail Synthetic Filament Yarn ($795k), and Air Conditioners ($261k). Over the past 5 years the exports of Slovakia to Madagascar have increased at an annualized rate of 184%,  from $17.1k in 2017 to $3.18M in 2022.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $788k to Slovakia. The main products exported from Madagascar to Slovakia were Graphite ($373k), Knit Sweaters ($359k), and Non-Knit Men's Suits ($271k). During the last 5 years the exports of Madagascar to Slovakia have increased at an annualized rate of 8.75%, from $518k in 2017 to $788k in 2022.

In 2017, Slovakia exported $3.18M to Madagascar. The main products exported from Slovakia to Madagascar were Electrical Transformers ($1.14M), Non-Retail Synthetic Filament Yarn ($795k), and Air Conditioners ($261k). During the last 21 years the exports of Slovakia to Madagascar have increased at an annualized rate of 184%, from $17.1k in 1996 to $3.18M in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Slovakia (Flag)

Madagascar Exports

Slovakia Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Madagascar than Slovakia included Indonesia ($147M), Japan ($448M), and Singapore ($91.5M).

In 2022, countries that imported more from Slovakia than Madagascar included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Madagascar - Slovakia

Flow
Scale

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

During 2022, Madagascar had a large net trade with Slovakia in the exports of Textiles ($1.07M), Mineral Products ($373k), and Vegetable Products ($318k).

During 2017, Slovakia had a large net trade with Madagascar in the exports of Machines ($1.59M), Textiles ($816k), and Transportation ($248k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Madagascar and Slovakia. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Slovakia. Similarly, a dot/product with the flag of Slovakia indicates it has a comparative advantage over Madagascar.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms