Madagascar (MDG) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Madagascar-Zimbabwe Trade: In 2022, Madagascar exported $2.95M to Zimbabwe. The main products that Madagascar exported to Zimbabwe were Nitrogenous Fertilizers ($2.18M), Other Edible Preparations ($595k), and Heavy Pure Woven Cotton ($94.2k). Over the past 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 28.6%, from $841k in 2017 to $2.95M in 2022.

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

Zimbabwe-Madagascar Trade: In 2022, Zimbabwe exported $1.32M to Madagascar. The main products that Zimbabwe exported to Madagascar were Processed Tobacco ($1.08M), Paper Containers ($173k), and Sowing Seeds ($38k). Over the past 5 years the exports of Zimbabwe to Madagascar have decreased at an annualized rate of 12.5%, from $2.57M in 2017 to $1.32M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Madagascar exported $2.95M to Zimbabwe. The main products exported from Madagascar to Zimbabwe were Nitrogenous Fertilizers ($2.18M), Other Edible Preparations ($595k), and Heavy Pure Woven Cotton ($94.2k). During the last 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 28.6%, from $841k in 2017 to $2.95M in 2022.

In 2017, Zimbabwe exported $1.32M to Madagascar. The main products exported from Zimbabwe to Madagascar were Processed Tobacco ($1.08M), Paper Containers ($173k), and Sowing Seeds ($38k). During the last 5 years the exports of Zimbabwe to Madagascar have decreased at an annualized rate of 12.5%, from $2.57M in 2022 to $1.32M in 2017.

Exports from Madagascar () to Zimbabwe () (2022)

Exports from Zimbabwe () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Zimbabwe ()

Madagascar Exports

Date

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$756M

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Madagascar included United Arab Emirates ($4.78B), South Africa ($1.47B), and Belgium ($297M).

Difference in imports from Zimbabwe () and Madagascar () (2022)

Comparative Advantage Madagascar - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Madagascar had a large net trade with Zimbabwe in the exports of Chemical Products ($2.18M), Foodstuffs ($595k), and Textiles ($164k).

During 2017, Zimbabwe had a large net trade with Madagascar in the exports of Foodstuffs ($1.08M), Paper Goods ($173k), and Vegetable Products ($38.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Zimbabwe+$57.9kRefined Petroleum

Top Product Potential Zimbabwe Madagascar+$45.2kPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Zimbabwe () (2022)

Exports from Zimbabwe () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Zimbabwe ()

Madagascar Exports

Zimbabwe Exports

Market Competitiveness

Difference in imports from Zimbabwe () and Madagascar () (2022)

Comparative Advantage Madagascar - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Zimbabwe () (2022)

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