2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 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
$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195

About

Madagascar-Turkmenistan Trade: In 2018, Madagascar exported $9.72k to Turkmenistan. The main products that Madagascar exported to Turkmenistan were N/A. Over the past 10 years the exports of Madagascar to Turkmenistan have increased at an annualized rate of 0.97%, from $8.82k in 2008 to $9.72k in 2018.

In 2018, Madagascar did not export any services to Turkmenistan.

Turkmenistan-Madagascar Trade: In 2018, Turkmenistan exported $95 to Madagascar. The main products that Turkmenistan exported to Madagascar were N/A. Over the past 10 years the exports of Turkmenistan to Madagascar have increased at an annualized rate of 29.6%,  from $26 in 2008 to $95 in 2018.

In 2018, Turkmenistan 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, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Madagascar exported $9.72k to Turkmenistan. There were not main exports from Madagascar to Turkmenistan in 2018. During the last 10 years the exports of Madagascar to Turkmenistan have increased at an annualized rate of 0.97%, from $8.82k in 2008 to $9.72k in 2018.

In 2017, Turkmenistan exported $95 to Madagascar. There were not main exports from Turkmenistan to Madagascar in 2017. During the last 5 years the exports of Turkmenistan to Madagascar have increased at an annualized rate of 29.6%, from $26 in 2022 to $95 in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Turkmenistan (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$669M
Turkmenistan
Top Destination
China$9.63B

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

In 2023, countries that imported more from Madagascar than Turkmenistan included United States ($669M), France ($641M), and Japan ($345M).

In 2023, countries that imported more from Turkmenistan than Madagascar included China ($9.63B), Turkey ($1.66B), and Greece ($1.03B).

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

Comparative Advantage Madagascar - Turkmenistan

Flow
Scale

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

During 2018, Madagascar had a large net trade with Turkmenistan in the exports of .

During 2017, Turkmenistan had a large net trade with Madagascar in the exports of .

Economic Complexity

Competitive Landscape

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

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

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