Zimbabwe (ZWE) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Zimbabwe-Madagascar Trade: In 2023, Zimbabwe exported $6.14k to Madagascar. The main products that Zimbabwe exported to Madagascar were Sowing Seeds ($2.89k), Corn ($2.37k), and Iron Gas Containers ($528). Over the past 5 years the exports of Zimbabwe to Madagascar have increased at an annualized rate of 4.43%, from $4.94k in 2018 to $6.14k in 2023.

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

Madagascar-Zimbabwe Trade: In 2023, Madagascar exported $1.18M to Zimbabwe. The main products that Madagascar exported to Zimbabwe were Other Edible Preparations ($965k), Pasta ($144k), and Heavy Pure Woven Cotton ($52.3k). Over the past 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 51.1%, from $150k in 2018 to $1.18M in 2023.

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

Comparison: In 2023, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B). 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, Zimbabwe exported $6.14k to Madagascar. The main products exported from Zimbabwe to Madagascar were Sowing Seeds ($2.89k), Corn ($2.37k), and Iron Gas Containers ($528). During the last 5 years the exports of Zimbabwe to Madagascar have increased at an annualized rate of 4.43%, from $4.94k in 2018 to $6.14k in 2023.

In 2018, Madagascar exported $1.18M to Zimbabwe. The main products exported from Madagascar to Zimbabwe were Other Edible Preparations ($965k), Pasta ($144k), and Heavy Pure Woven Cotton ($52.3k). During the last 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 51.1%, from $150k in 2023 to $1.18M in 2018.

Exports from Zimbabwe () to Madagascar () (2023)

Exports from Madagascar () to Zimbabwe () (2023)

Latest Data

Trade between Zimbabwe () and Madagascar ()

Zimbabwe Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from Zimbabwe than Madagascar included United Arab Emirates ($4.1B), China ($1.6B), and South Africa ($1.39B).

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

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

Comparative Advantage Zimbabwe - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zimbabwe had a large net trade with Madagascar in the exports of Vegetable Products ($5.45k), Metals ($528), and Paper Goods ($155).

During 2018, Madagascar had a large net trade with Zimbabwe in the exports of Foodstuffs ($1.11M), Textiles ($60.9k), and Mineral Products ($13.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Madagascar+$45.2kPackaged Medicaments

Top Product Potential Madagascar Zimbabwe+$57.9kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Madagascar () (2023)

Exports from Madagascar () to Zimbabwe () (2023)

Latest Data

Trade between Zimbabwe () and Madagascar ()

Zimbabwe Exports

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Zimbabwe - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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