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2023
Flag → Flag
Exports $1.18MRnk 75 / 156
2023
Flag → Flag
Top Product $965kOther Edible Preparations
2023
Flag → Flag
Exports $6.14kRnk 120 / 143
2023
Flag → Flag
Top Product $2.89kSowing Seeds
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.98Rnk 110 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
 GDP$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 27 / 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$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH58.3%CURRENT US$
Rnk 33 / 195

About

Madagascar-Zimbabwe Trade: In 2023, Madagascar exported $1.18M to Zimbabwe. The main products that Madagascar exported to Zimbabwe were Other Edible Preparations ($965k), Pasta ($144k), and Heavy Pure Woven Cotton ($52.3k). Over the past 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 51.1%, from $150k in 2018 to $1.18M in 2023.

In 2023, Madagascar did not export any services to Zimbabwe.

Zimbabwe-Madagascar Trade: In 2023, Zimbabwe exported $6.14k to Madagascar. The main products that Zimbabwe exported to Madagascar were Sowing Seeds ($2.89k), Corn ($2.37k), and Iron Gas Containers ($528). Over the past 5 years the exports of Zimbabwe to Madagascar have increased at an annualized rate of 3.68%,  from $4.94k in 2018 to $6.14k in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Madagascar exported $1.18M to Zimbabwe. The main products exported from Madagascar to Zimbabwe were Other Edible Preparations ($965k), Pasta ($144k), and Heavy Pure Woven Cotton ($52.3k). During the last 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 51.1%, from $150k in 2018 to $1.18M in 2023.

In 2018, Zimbabwe exported $6.14k to Madagascar. The main products exported from Zimbabwe to Madagascar were Sowing Seeds ($2.89k), Corn ($2.37k), and Iron Gas Containers ($528). During the last 5 years the exports of Zimbabwe to Madagascar have increased at an annualized rate of 3.68%, from $4.94k in 2023 to $6.14k in 2018.

Exports from Madagascar (Flag) to Zimbabwe (Flag) (2023)

Exports from Zimbabwe (Flag) to Madagascar (Flag) (2023)

Latest Data

Trade between Madagascar (Flag) and Zimbabwe (Flag)

Madagascar Exports

Zimbabwe Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$669M
Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

In 2023, countries that imported more from Zimbabwe than Madagascar included United Arab Emirates ($4.1B), China ($1.6B), and South Africa ($1.39B).

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

Comparative Advantage Madagascar - Zimbabwe

Flow
Scale

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

During 2023, Madagascar had a large net trade with Zimbabwe in the exports of Foodstuffs ($1.11M), Textiles ($60.9k), and Mineral Products ($13.2k).

During 2018, Zimbabwe had a large net trade with Madagascar in the exports of Vegetable Products ($5.45k), Metals ($528), and Paper Goods ($155).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Madagascar (Flag) and Zimbabwe (Flag) (2023)

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