2022
Flag  
GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

In N/A, Maldives did not export any services to Madagascar.

Madagascar-Maldives Trade: In N/A, Madagascar exported $194k to Maldives. The main products that Madagascar exported to Maldives were Vanilla ($83.7k), Refined Petroleum ($28.9k), and Knit T-shirts ($20.9k). Over the past N/A years the exports of Madagascar to Maldives have increased at an annualized rate of 88.9%,  from $8.07k in N/A to $194k in N/A.

In N/A, Madagascar did not export any services to Maldives.

Comparison In 2022,  Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

Maldives does not register exports to Madagascar.

In 2017, Madagascar exported $194k to Maldives. The main products exported from Madagascar to Maldives were Vanilla ($83.7k), Refined Petroleum ($28.9k), and Knit T-shirts ($20.9k). During the last 5 years the exports of Madagascar to Maldives have increased at an annualized rate of 88.9%, from $8.07k in 2022 to $194k in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Madagascar (Flag)

Madagascar Exports

Market Competitiveness

Color
Maldives
Top Destination
India$488M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Maldives than Madagascar included India ($488M), Thailand ($79.4M), and Oman ($14.3M).

In 2022, countries that imported more from Madagascar than Maldives included United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Maldives - Madagascar

Flow
Scale

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

During 2017, Madagascar had a large net trade with Maldives in the exports of Vegetable Products ($121k), Textiles ($35k), and Mineral Products ($28.9k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with