2023
Flag  
GDP
$16.8BCURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP GROWTH
64.5%CURRENT US$
Rnk 43 / 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 
$643CURRENT US$
Rnk 187 / 195
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Niger-Madagascar Trade: In 2023, Niger exported $4.39k to Madagascar. The main products that Niger exported to Madagascar were Other Furniture ($1.57k), Office Machine Parts ($1.34k), and Cars ($1.24k). Over the past 7 years the exports of Niger to Madagascar have decreased at an annualized rate of 20.7%, from $22.4k in 2016 to $4.39k in 2023.

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

Madagascar-Niger Trade: In 2023, Madagascar exported $112k to Niger. The main products that Madagascar exported to Niger were Other Vegetable Fibers Yarn ($56.7k), Coconut and Other Vegetable Fibers ($53.5k), and Crustaceans ($492). Over the past 7 years the exports of Madagascar to Niger have increased at an annualized rate of 71%,  from $7.62k in 2016 to $112k in 2023.

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

Comparison: In 2023,  Niger ranked 93 in the Economic Complexity Index (ECI -0.63), and 148 in total exports ($1.72B). 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, Niger exported $4.39k to Madagascar. The main products exported from Niger to Madagascar were Other Furniture ($1.57k), Office Machine Parts ($1.34k), and Cars ($1.24k). During the last 7 years the exports of Niger to Madagascar have decreased at an annualized rate of 20.7%, from $22.4k in 2016 to $4.39k in 2023.

In 2018, Madagascar exported $112k to Niger. The main products exported from Madagascar to Niger were Other Vegetable Fibers Yarn ($56.7k), Coconut and Other Vegetable Fibers ($53.5k), and Crustaceans ($492). During the last 5 years the exports of Madagascar to Niger have increased at an annualized rate of 71%, from $7.62k in 2023 to $112k in 2018.

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

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

Latest Data

Trade between Niger (Flag) and Madagascar (Flag)

Madagascar Exports

Market Competitiveness

Color
Niger
Top Destination
United Arab Emirates$533M
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Niger than Madagascar included United Arab Emirates ($533M), Burkina Faso ($65.9M), and Mali ($50.8M).

In 2023, countries that imported more from Madagascar than Niger included United States ($669M), Japan ($345M), and South Korea ($271M).

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

Comparative Advantage Niger - Madagascar

Flow
Scale

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

During 2023, Niger had a large net trade with Madagascar in the exports of Machines ($1.59k), Miscellaneous ($1.57k), and Transportation ($1.24k).

During 2018, Madagascar had a large net trade with Niger in the exports of Textiles ($110k), Animal Products ($492), and Machines ($353).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Niger Madagascar+$3.13kRefined Petroleum
Top Product Potential Madagascar Niger+$131kCloves

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

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

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