Namibia (NAM) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Namibia-Madagascar Trade: In 2022, Namibia exported $52 to Madagascar. The main products that Namibia exported to Madagascar were Beauty Products ($45), Light Rubberized Knitted Fabric ($6), and Flavored Water ($1). Over the past 5 years the exports of Namibia to Madagascar have decreased at an annualized rate of 78.3%, from $107k in 2017 to $52 in 2022.

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

Madagascar-Namibia Trade: In 2022, Madagascar exported $1.58M to Namibia. The main products that Madagascar exported to Namibia were Knit T-shirts ($494k), Non-Knit Men's Suits ($409k), and Knit Sweaters ($157k). Over the past 5 years the exports of Madagascar to Namibia have increased at an annualized rate of 56.5%, from $168k in 2017 to $1.58M in 2022.

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

Comparison: In 2022, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $52 to Madagascar. The main products exported from Namibia to Madagascar were Beauty Products ($45), Light Rubberized Knitted Fabric ($6), and Flavored Water ($1). During the last 5 years the exports of Namibia to Madagascar have decreased at an annualized rate of 78.3%, from $107k in 2017 to $52 in 2022.

In 2017, Madagascar exported $1.58M to Namibia. The main products exported from Madagascar to Namibia were Knit T-shirts ($494k), Non-Knit Men's Suits ($409k), and Knit Sweaters ($157k). During the last 5 years the exports of Madagascar to Namibia have increased at an annualized rate of 56.5%, from $168k in 2022 to $1.58M in 2017.

Exports from Namibia () to Madagascar () (2022)

Exports from Madagascar () to Namibia () (2022)

Latest Data

Trade between Namibia () and Madagascar ()

Namibia Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Namibia than Madagascar included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

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

Comparative Advantage Namibia - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Madagascar in the exports of Chemical Products ($45), Textiles ($6), and Foodstuffs ($1).

During 2017, Madagascar had a large net trade with Namibia in the exports of Textiles ($1.57M), Vegetable Products ($3.53k), and Footwear and Headwear ($1.36k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Madagascar+$3.33kRefined Petroleum

Top Product Potential Madagascar Namibia+$320kNon-Knit Men's Suits

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

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Historical Data

Bilateral Trade by Products

Exports from Namibia () to Madagascar () (2022)

Exports from Madagascar () to Namibia () (2022)

Latest Data

Trade between Namibia () and Madagascar ()

Namibia Exports

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Namibia - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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