2023
Flag  
GDP
$4.44BCURRENT US$
Rnk 160 / 195
2013-2023
Flag
GDP GROWTH
0.56%CURRENT US$
Rnk 169 / 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 
$3,611CURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP PC GROWTH
-7.66%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Eswatini-Madagascar Trade: In 2023, Eswatini exported $2.32M to Madagascar. The main products that Eswatini exported to Madagascar were Zippers ($1.24M), Alcohol > 80% ABV ($285k), and Excavation Machinery ($247k). Over the past 5 years the exports of Eswatini to Madagascar have decreased at an annualized rate of 24.2%, from $9.29M in 2018 to $2.32M in 2023.

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

Madagascar-Eswatini Trade: In 2023, Madagascar exported $847k to Eswatini. The main products that Madagascar exported to Eswatini were Light Pure Woven Cotton ($203k), Knit T-shirts ($188k), and Non-Knit Men's Suits ($105k). Over the past 5 years the exports of Madagascar to Eswatini have increased at an annualized rate of 24.4%,  from $285k in 2018 to $847k in 2023.

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

Comparison In 2023,  Eswatini ranked 143 in total exports ($2.29B), and does not have data regarding Economic Complexity Index. 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, Eswatini exported $2.32M to Madagascar. The main products exported from Eswatini to Madagascar were Zippers ($1.24M), Alcohol > 80% ABV ($285k), and Excavation Machinery ($247k). During the last 5 years the exports of Eswatini to Madagascar have decreased at an annualized rate of 24.2%, from $9.29M in 2018 to $2.32M in 2023.

In 2018, Madagascar exported $847k to Eswatini. The main products exported from Madagascar to Eswatini were Light Pure Woven Cotton ($203k), Knit T-shirts ($188k), and Non-Knit Men's Suits ($105k). During the last 5 years the exports of Madagascar to Eswatini have increased at an annualized rate of 24.4%, from $285k in 2023 to $847k in 2018.

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

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

Latest Data

Trade between Eswatini (Flag) and Madagascar (Flag)

Eswatini Exports

Madagascar Exports

Market Competitiveness

Color
Eswatini
Top Destination
South Africa$1.4B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Eswatini than Madagascar included South Africa ($1.4B), Ireland ($94.2M), and Mozambique ($92.2M).

In 2023, countries that imported more from Madagascar than Eswatini included United States ($669M), France ($641M), and Japan ($345M).

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

Comparative Advantage Eswatini - Madagascar

Flow
Scale

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

During 2023, Eswatini had a large net trade with Madagascar in the exports of Miscellaneous ($1.24M), Foodstuffs ($388k), and Machines ($260k).

During 2018, Madagascar had a large net trade with Eswatini in the exports of Textiles ($845k), Plastics and Rubbers ($781), and Footwear and Headwear ($360).

Economic Complexity

Competitive Landscape

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

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

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