2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Malta-Madagascar Trade: In 2023, Malta exported $3.89M to Madagascar. The main products that Malta exported to Madagascar were Documents of title (bonds etc) and unused stamps ($3.77M), Other Edible Preparations ($78.4k), and Packaged Medicaments ($18.8k). Over the past 5 years the exports of Malta to Madagascar have increased at an annualized rate of 34.8%, from $872k in 2018 to $3.89M in 2023.

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

Madagascar-Malta Trade: In 2023, Madagascar exported $11.9k to Malta. The main products that Madagascar exported to Malta were Knit Sweaters ($7.91k), Dried Legumes ($2.12k), and Cloves ($1.1k). Over the past 5 years the exports of Madagascar to Malta have decreased at an annualized rate of 37.7%,  from $127k in 2018 to $11.9k in 2023.

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

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $3.89M to Madagascar. The main products exported from Malta to Madagascar were Documents of title (bonds etc) and unused stamps ($3.77M), Other Edible Preparations ($78.4k), and Packaged Medicaments ($18.8k). During the last 5 years the exports of Malta to Madagascar have increased at an annualized rate of 34.8%, from $872k in 2018 to $3.89M in 2023.

In 2018, Madagascar exported $11.9k to Malta. The main products exported from Madagascar to Malta were Knit Sweaters ($7.91k), Dried Legumes ($2.12k), and Cloves ($1.1k). During the last 5 years the exports of Madagascar to Malta have decreased at an annualized rate of 37.7%, from $127k in 2023 to $11.9k in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Madagascar (Flag)

Malta Exports

Madagascar Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Malta than Madagascar included Nigeria ($2.26B), Germany ($849M), and Hong Kong ($308M).

In 2023, countries that imported more from Madagascar than Malta included France ($641M), United States ($669M), and South Korea ($271M).

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

Comparative Advantage Malta - Madagascar

Flow
Scale

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

During 2023, Malta had a large net trade with Madagascar in the exports of Paper Goods ($3.77M), Foodstuffs ($78.4k), and Chemical Products ($35.9k).

During 2018, Madagascar had a large net trade with Malta in the exports of Textiles ($8.61k), Vegetable Products ($3.22k), and Wood Products ($50).

Economic Complexity

Competitive Landscape

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

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

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