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Pricing

2022
Flag → Flag
Exports $115kRnk 118 / 157
2022
Flag → Flag
Top Product $57.1kCloves
2022
Flag → Flag
Exports $5.42MRnk 100 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Madagascar-Trinidad and Tobago Trade: In 2022, Madagascar exported $115k to Trinidad and Tobago. The main products that Madagascar exported to Trinidad and Tobago were Cloves ($57.1k), Spices ($44.8k), and Dried Legumes ($12.1k). Over the past 5 years the exports of Madagascar to Trinidad and Tobago have increased at an annualized rate of 51.3%, from $14.5k in 2017 to $115k in 2022.

In 2022, Madagascar did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Madagascar Trade: In 2022, Trinidad and Tobago exported $5.42M to Madagascar. The main products that Trinidad and Tobago exported to Madagascar were N/A. Over the past 5 years the exports of Trinidad and Tobago to Madagascar have increased at an annualized rate of 497%,  from $712 in 2017 to $5.42M in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $115k to Trinidad and Tobago. The main products exported from Madagascar to Trinidad and Tobago were Cloves ($57.1k), Spices ($44.8k), and Dried Legumes ($12.1k). During the last 5 years the exports of Madagascar to Trinidad and Tobago have increased at an annualized rate of 51.3%, from $14.5k in 2017 to $115k in 2022.

In 2016, Trinidad and Tobago exported $5.42M to Madagascar. There were not main exports from Trinidad and Tobago to Madagascar in 2016. During the last 5 years the exports of Trinidad and Tobago to Madagascar have increased at an annualized rate of 497%, from $712 in 2021 to $5.42M in 2016.

Exports from Madagascar (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Madagascar (Flag) (2022)

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Madagascar than Trinidad and Tobago included Japan ($448M), China ($538M), and France ($634M).

In 2022, countries that imported more from Trinidad and Tobago than Madagascar included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Trinidad and Tobago

Flow
Scale

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

During 2022, Madagascar had a large net trade with Trinidad and Tobago in the exports of Vegetable Products ($115k) and Textiles ($309).

During 2016, Trinidad and Tobago had a large net trade with Madagascar in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Trinidad and Tobago+$23.9kDried Legumes
Top Product Potential Trinidad and Tobago Madagascar+$2.31kAmmonia

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

Product Space of Madagascar (Flag) and Trinidad and Tobago (Flag) (2022)

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