2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 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 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Malawi-Madagascar Trade: In 2022, Malawi exported $1.6M to Madagascar. The main products that Malawi exported to Madagascar were Dried Legumes ($576k), Stone Processing Machines ($426k), and Office Machine Parts ($317k). Over the past 5 years the exports of Malawi to Madagascar have increased at an annualized rate of 17.7%, from $708k in 2017 to $1.6M in 2022.

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

Madagascar-Malawi Trade: In 2022, Madagascar exported $3.29M to Malawi. The main products that Madagascar exported to Malawi were Nitrogenous Fertilizers ($3.29M) and Refined Petroleum ($1k). Over the past 5 years the exports of Madagascar to Malawi have increased at an annualized rate of 12.3%,  from $1.84M in 2017 to $3.29M in 2022.

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

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B), 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

In 2022, Malawi exported $1.6M to Madagascar. The main products exported from Malawi to Madagascar were Dried Legumes ($576k), Stone Processing Machines ($426k), and Office Machine Parts ($317k). During the last 5 years the exports of Malawi to Madagascar have increased at an annualized rate of 17.7%, from $708k in 2017 to $1.6M in 2022.

In 2017, Madagascar exported $3.29M to Malawi. The main products exported from Madagascar to Malawi were Nitrogenous Fertilizers ($3.29M) and Refined Petroleum ($1k). During the last 5 years the exports of Madagascar to Malawi have increased at an annualized rate of 12.3%, from $1.84M in 2022 to $3.29M in 2017.

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

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

Latest Data

Trade between Malawi (Flag) and Madagascar (Flag)

Madagascar Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Malawi than Madagascar included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

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

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

Comparative Advantage Malawi - Madagascar

Flow
Scale

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

During 2022, Malawi had a large net trade with Madagascar in the exports of Machines ($793k), Vegetable Products ($576k), and Foodstuffs ($191k).

During 2017, Madagascar had a large net trade with Malawi in the exports of Chemical Products ($3.29M) and Mineral Products ($1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Madagascar+$2.56kRaw Tobacco
Top Product Potential Madagascar Malawi+$7.82kRefined Petroleum

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 Malawi and Madagascar. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Malawi.

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

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