2023
Flag  
GDP
$48.8BCURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP GROWTH
68.7%CURRENT US$
Rnk 41 / 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 
$1,002CURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Uganda-Madagascar Trade: In 2023, Uganda exported $1.81M to Madagascar. The main products that Uganda exported to Madagascar were Coffee ($1.51M), Cocoa Beans ($137k), and Other Edible Preparations ($36k). Over the past 5 years the exports of Uganda to Madagascar have increased at an annualized rate of 5.97%, from $1.35M in 2018 to $1.81M in 2023.

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

Madagascar-Uganda Trade: In 2023, Madagascar exported $491k to Uganda. The main products that Madagascar exported to Uganda were Refined Petroleum ($345k), Knit T-shirts ($25.4k), and Non-Knit Women's Suits ($22.7k). Over the past 5 years the exports of Madagascar to Uganda have increased at an annualized rate of 15.9%,  from $113k in 2018 to $491k in 2023.

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

Comparison: In 2023,  Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B). 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, Uganda exported $1.81M to Madagascar. The main products exported from Uganda to Madagascar were Coffee ($1.51M), Cocoa Beans ($137k), and Other Edible Preparations ($36k). During the last 5 years the exports of Uganda to Madagascar have increased at an annualized rate of 5.97%, from $1.35M in 2018 to $1.81M in 2023.

In 2018, Madagascar exported $491k to Uganda. The main products exported from Madagascar to Uganda were Refined Petroleum ($345k), Knit T-shirts ($25.4k), and Non-Knit Women's Suits ($22.7k). During the last 5 years the exports of Madagascar to Uganda have increased at an annualized rate of 15.9%, from $113k in 2023 to $491k in 2018.

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

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

Latest Data

Trade between Uganda (Flag) and Madagascar (Flag)

Uganda Exports

Madagascar Exports

Market Competitiveness

Color
Uganda
Top Destination
India$1.5B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Uganda than Madagascar included India ($1.5B), United Arab Emirates ($1.13B), and Hong Kong ($727M).

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

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

Comparative Advantage Uganda - Madagascar

Flow
Scale

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

During 2023, Uganda had a large net trade with Madagascar in the exports of Vegetable Products ($1.51M), Foodstuffs ($203k), and Animal Products ($31.9k).

During 2018, Madagascar had a large net trade with Uganda in the exports of Mineral Products ($345k), Textiles ($125k), and Machines ($20.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uganda Madagascar+$245kCoffee
Top Product Potential Madagascar Uganda+$214kRefined Petroleum

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

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

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

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