Qatar (QAT) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Qatar-Madagascar Trade: In 2023, Qatar exported $87.1M to Madagascar. The main products that Qatar exported to Madagascar were Refined Petroleum ($46.6M), Sulphur ($24.3M), and Ammonia ($9.88M). Over the past 5 years the exports of Qatar to Madagascar have increased at an annualized rate of 34.7%, from $19.6M in 2018 to $87.1M in 2023.

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

Madagascar-Qatar Trade: In 2023, Madagascar exported $1.49M to Qatar. The main products that Madagascar exported to Qatar were Processed Crustaceans ($616k), Knit Men's Suits ($192k), and Dried Legumes ($153k). Over the past 5 years the exports of Madagascar to Qatar have increased at an annualized rate of 10.6%, from $545k in 2018 to $1.49M in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $87.1M to Madagascar. The main products exported from Qatar to Madagascar were Refined Petroleum ($46.6M), Sulphur ($24.3M), and Ammonia ($9.88M). During the last 5 years the exports of Qatar to Madagascar have increased at an annualized rate of 34.7%, from $19.6M in 2018 to $87.1M in 2023.

In 2018, Madagascar exported $1.49M to Qatar. The main products exported from Madagascar to Qatar were Processed Crustaceans ($616k), Knit Men's Suits ($192k), and Dried Legumes ($153k). During the last 5 years the exports of Madagascar to Qatar have increased at an annualized rate of 10.6%, from $545k in 2023 to $1.49M in 2018.

Exports from Qatar () to Madagascar () (2023)

Exports from Madagascar () to Qatar () (2023)

Latest Data

Trade between Qatar () and Madagascar ()

Qatar Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from Qatar than Madagascar included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

In 2023, countries that imported more from Madagascar than Qatar included Comoros ($7.69M), Ethiopia ($12.6M), and Cambodia ($4.83M).

Difference in imports from Madagascar () and Qatar () (2023)

Comparative Advantage Qatar - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Madagascar in the exports of Mineral Products ($70.9M), Chemical Products ($9.88M), and Plastics and Rubbers ($6.02M).

During 2018, Madagascar had a large net trade with Qatar in the exports of Foodstuffs ($616k), Vegetable Products ($411k), and Textiles ($396k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Madagascar+$15.1MRefined Petroleum

Top Product Potential Madagascar Qatar+$289kDried Legumes

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Madagascar () (2023)

Exports from Madagascar () to Qatar () (2023)

Latest Data

Trade between Qatar () and Madagascar ()

Qatar Exports

Madagascar Exports

Market Competitiveness

Difference in imports from Madagascar () and Qatar () (2023)

Comparative Advantage Qatar - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Madagascar () (2023)

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