2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$505CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Madagascar-South Africa Trade: In 2022, Madagascar exported $107M to South Africa. The main products that Madagascar exported to South Africa were Knit T-shirts ($35M), Knit Sweaters ($20.5M), and Non-Knit Men's Suits ($11.9M). Over the past 5 years the exports of Madagascar to South Africa have increased at an annualized rate of 96.3%, from $3.66M in 2017 to $107M in 2022.

In 2022, Madagascar did not export any services to South Africa.

South Africa-Madagascar Trade: In 2022, South Africa exported $208M to Madagascar. The main products that South Africa exported to Madagascar were Coal Briquettes ($124M), Delivery Trucks ($15.8M), and Refined Petroleum ($10.2M). Over the past 5 years the exports of South Africa to Madagascar have increased at an annualized rate of 31.6%,  from $52.7M in 2017 to $208M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $107M to South Africa. The main products exported from Madagascar to South Africa were Knit T-shirts ($35M), Knit Sweaters ($20.5M), and Non-Knit Men's Suits ($11.9M). During the last 5 years the exports of Madagascar to South Africa have increased at an annualized rate of 96.3%, from $3.66M in 2017 to $107M in 2022.

In 2017, South Africa exported $208M to Madagascar. The main products exported from South Africa to Madagascar were Coal Briquettes ($124M), Delivery Trucks ($15.8M), and Refined Petroleum ($10.2M). During the last 22 years the exports of South Africa to Madagascar have increased at an annualized rate of 31.6%, from $52.7M in 1995 to $208M in 2017.

Exports from Madagascar (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and South Africa (Flag)

Madagascar Exports

South Africa Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Madagascar than South Africa included Comoros ($7.03M) and Turks and Caicos Islands ($322k).

In 2022, countries that imported more from South Africa than Madagascar included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - South Africa

Flow
Scale

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

During 2022, Madagascar had a large net trade with South Africa in the exports of Textiles ($131M), Metals ($8.5M), and Chemical Products ($8.43M).

During 2017, South Africa had a large net trade with Madagascar in the exports of Mineral Products ($135M), Machines ($54.9M), and Transportation ($28.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Madagascar (Flag) and South Africa (Flag) (2022)

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