North Korea (PRK) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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North Korea-Madagascar Trade: In 2022, North Korea exported $926 to Madagascar. The main products that North Korea exported to Madagascar were Liquid Pumps ($720) and Shaving Products ($206). Over the past 5 years the exports of North Korea to Madagascar have decreased at an annualized rate of 77.8%, from $1.71M in 2017 to $926 in 2022.

In 2022, North Korea did not export any services to Madagascar.

Madagascar-North Korea Trade: In 2022, Madagascar exported $1.51k to North Korea. The main products that Madagascar exported to North Korea were Non-Retail Carded Wool Yarn ($1.51k). Over the past 5 years the exports of Madagascar to North Korea have decreased at an annualized rate of 49.2%, from $44.4k in 2017 to $1.51k in 2022.

In 2022, Madagascar did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Korea exported $926 to Madagascar. The main products exported from North Korea to Madagascar were Liquid Pumps ($720) and Shaving Products ($206). During the last 5 years the exports of North Korea to Madagascar have decreased at an annualized rate of 77.8%, from $1.71M in 2017 to $926 in 2022.

In 2017, Madagascar exported $1.51k to North Korea. The main products exported from Madagascar to North Korea were Non-Retail Carded Wool Yarn ($1.51k). During the last 5 years the exports of Madagascar to North Korea have decreased at an annualized rate of 49.2%, from $44.4k in 2022 to $1.51k in 2017.

Exports from North Korea () to Madagascar () (2022)

Exports from Madagascar () to North Korea () (2022)

Latest Data

Trade between North Korea () and Madagascar ()

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from North Korea than Madagascar included Senegal ($26.9M), Luxembourg ($6.44M), and Mozambique ($5.73M).

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

Difference in imports from Madagascar () and North Korea () (2022)

Comparative Advantage North Korea - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Korea had a large net trade with Madagascar in the exports of Machines ($720) and Chemical Products ($206).

During 2017, Madagascar had a large net trade with North Korea in the exports of Textiles ($1.51k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from North Korea () to Madagascar () (2022)

Exports from Madagascar () to North Korea () (2022)

Latest Data

Trade between North Korea () and Madagascar ()

Madagascar Exports

Market Competitiveness

Difference in imports from Madagascar () and North Korea () (2022)

Comparative Advantage North Korea - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Madagascar () (2022)

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