2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 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 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Peru-Madagascar Trade: In 2022, Peru exported $213k to Madagascar. The main products that Peru exported to Madagascar were Retail Wool or Animal Hair Yarn ($213k), Embroidery ($416), and Other Edible Preparations ($145). Over the past 5 years the exports of Peru to Madagascar have decreased at an annualized rate of 0.32%, from $217k in 2017 to $213k in 2022.

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

Madagascar-Peru Trade: In 2022, Madagascar exported $1.2M to Peru. The main products that Madagascar exported to Peru were N/A. Over the past 5 years the exports of Madagascar to Peru have increased at an annualized rate of 0.29%,  from $1.19M in 2017 to $1.2M in 2022.

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

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Latest Data

Trade between Peru (Flag) and Madagascar (Flag)

Peru Exports

Madagascar Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Peru than Madagascar included China ($17.6B), United States ($8.69B), and Canada ($2.69B).

In 2022, countries that imported more from Madagascar than Peru included France ($634M), South Africa ($152M), and Singapore ($91.5M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Madagascar+$4.3kRefined Petroleum
Top Product Potential Madagascar Peru+$184kNon-Knit Men's Shirts

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

Product Space of Peru (Flag) and Madagascar (Flag) (NaN)

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