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2023
Flag → Flag
Exports $27.8MRnk 112 / 212
2023
Flag → Flag
Top Product $8.2MLight Rubberized Knitted Fabric
2023
Flag → Flag
Exports $99.8MRnk 14 / 156
2023
Flag → Flag
Top Product $89MRaw Nickel
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH-1.77%CURRENT US$
Rnk 155 / 195

About

Chinese Taipei-Madagascar Trade: In 2023, Chinese Taipei exported $27.8M to Madagascar. The main products that Chinese Taipei exported to Madagascar were Light Rubberized Knitted Fabric ($8.2M), Motorcycles and cycles ($3.37M), and Synthetic Filament Yarn Woven Fabric ($1.76M). Over the past 5 years the exports of Chinese Taipei to Madagascar have decreased at an annualized rate of 2.37%, from $31.4M in 2018 to $27.8M in 2023.

In 2023, Chinese Taipei did not export any services to Madagascar.

Madagascar-Chinese Taipei Trade: In 2023, Madagascar exported $99.8M to Chinese Taipei. The main products that Madagascar exported to Chinese Taipei were Raw Nickel ($89M), Cobalt ($7.46M), and Graphite ($376k). Over the past 5 years the exports of Madagascar to Chinese Taipei have increased at an annualized rate of 14.2%,  from $51.4M in 2018 to $99.8M in 2023.

In 2023, Madagascar did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $27.8M to Madagascar. The main products exported from Chinese Taipei to Madagascar were Light Rubberized Knitted Fabric ($8.2M), Motorcycles and cycles ($3.37M), and Synthetic Filament Yarn Woven Fabric ($1.76M). During the last 5 years the exports of Chinese Taipei to Madagascar have decreased at an annualized rate of 2.37%, from $31.4M in 2018 to $27.8M in 2023.

In 2018, Madagascar exported $99.8M to Chinese Taipei. The main products exported from Madagascar to Chinese Taipei were Raw Nickel ($89M), Cobalt ($7.46M), and Graphite ($376k). During the last 5 years the exports of Madagascar to Chinese Taipei have increased at an annualized rate of 14.2%, from $51.4M in 2023 to $99.8M in 2018.

Exports from Chinese Taipei (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Madagascar
Top DestinationUnited States$669M

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 2023, countries that imported more from Chinese Taipei than Madagascar included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Madagascar than Chinese Taipei included Comoros ($7.69M), Afghanistan ($2.72M), and Malawi ($3.26M).

Difference in imports from Madagascar (Flag) and Chinese Taipei (Flag) (2023)

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 2023, Chinese Taipei had a large net trade with Madagascar in the exports of Textiles ($14.7M), Transportation ($4.12M), and Machines ($3.41M).

During 2018, Madagascar had a large net trade with Chinese Taipei in the exports of Metals ($96.5M), Textiles ($1.49M), and Vegetable Products ($592k).

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) (2023)

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