2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Chinese Taipei-Madagascar Trade: In 2022, Chinese Taipei exported $34.2M to Madagascar. The main products that Chinese Taipei exported to Madagascar were Light Rubberized Knitted Fabric ($8.98M), Synthetic Filament Yarn Woven Fabric ($4.65M), and Motorcycles and cycles ($3.04M). Over the past 5 years the exports of Chinese Taipei to Madagascar have increased at an annualized rate of 5.98%, from $25.5M in 2017 to $34.2M in 2022.

In 2022, Chinese Taipei did not export any services to Madagascar.

Madagascar-Chinese Taipei Trade: In 2022, Madagascar exported $104M to Chinese Taipei. The main products that Madagascar exported to Chinese Taipei were Raw Nickel ($56.2M), Cobalt ($44.6M), and Graphite ($636k). Over the past 5 years the exports of Madagascar to Chinese Taipei have increased at an annualized rate of 28.2%,  from $29.9M in 2017 to $104M in 2022.

In 2022, Madagascar did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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
Value

In 2022, Chinese Taipei exported $34.2M to Madagascar. The main products exported from Chinese Taipei to Madagascar were Light Rubberized Knitted Fabric ($8.98M), Synthetic Filament Yarn Woven Fabric ($4.65M), and Motorcycles and cycles ($3.04M). During the last 5 years the exports of Chinese Taipei to Madagascar have increased at an annualized rate of 5.98%, from $25.5M in 2017 to $34.2M in 2022.

In 2017, Madagascar exported $104M to Chinese Taipei. The main products exported from Madagascar to Chinese Taipei were Raw Nickel ($56.2M), Cobalt ($44.6M), and Graphite ($636k). During the last 5 years the exports of Madagascar to Chinese Taipei have increased at an annualized rate of 28.2%, from $29.9M in 2022 to $104M in 2017.

Exports from Chinese Taipei (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Chinese Taipei than Madagascar included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Madagascar than Chinese Taipei included Comoros ($7.03M), Malawi ($3.29M), and Central African Republic ($1M).

Difference in imports from Madagascar (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Madagascar

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Madagascar in the exports of Textiles ($19.6M), Machines ($4.81M), and Transportation ($3.28M).

During 2017, Madagascar had a large net trade with Chinese Taipei in the exports of Metals ($101M), Textiles ($935k), and Mineral Products ($688k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Madagascar (Flag) (2022)

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