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Pricing

2022
Flag → Flag
Exports $21.4kRnk 140 / 157
2022
Flag → Flag
Top Product $10.8kCloves
2022
Flag → Flag
Exports $68.6kRnk 160 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 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$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186

About

Madagascar-Uzbekistan Trade: In 2022, Madagascar exported $21.4k to Uzbekistan. The main products that Madagascar exported to Uzbekistan were Cloves ($10.8k), Knit Sweaters ($3.24k), and Non-Knit Women's Suits ($1.85k). Over the past 5 years the exports of Madagascar to Uzbekistan have increased at an annualized rate of 73.9%, from $1.35k in 2017 to $21.4k in 2022.

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

Uzbekistan-Madagascar Trade: In 2022, Uzbekistan exported $68.6k to Madagascar. The main products that Uzbekistan exported to Madagascar were N/A. Over the past 5 years the exports of Uzbekistan to Madagascar have decreased at an annualized rate of 3.74%,  from $93.1k in 2017 to $68.6k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $21.4k to Uzbekistan. The main products exported from Madagascar to Uzbekistan were Cloves ($10.8k), Knit Sweaters ($3.24k), and Non-Knit Women's Suits ($1.85k). During the last 5 years the exports of Madagascar to Uzbekistan have increased at an annualized rate of 73.9%, from $1.35k in 2017 to $21.4k in 2022.

In 2012, Uzbekistan exported $68.6k to Madagascar. There were not main exports from Uzbekistan to Madagascar in 2012. During the last 5 years the exports of Uzbekistan to Madagascar have decreased at an annualized rate of 3.74%, from $93.1k in 2017 to $68.6k in 2012.

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

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

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Uzbekistan
Top DestinationSwitzerland$4.29B

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

In 2022, countries that imported more from Madagascar than Uzbekistan included United States ($756M), France ($634M), and Japan ($448M).

In 2022, countries that imported more from Uzbekistan than Madagascar included Switzerland ($4.29B), Russia ($2.6B), and Turkey ($1.59B).

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

Comparative Advantage Madagascar - Uzbekistan

Flow
Scale

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

During 2022, Madagascar had a large net trade with Uzbekistan in the exports of Vegetable Products ($10.9k), Textiles ($9k), and Machines ($835).

During 2012, Uzbekistan had a large net trade with Madagascar in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Uzbekistan+$2.06kRefined Petroleum
Top Product Potential Uzbekistan Madagascar+$2.06kNon-Retail Pure Cotton Yarn

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

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

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