2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186

About

Madagascar-Pakistan Trade: In 2022, Madagascar exported $3.97M to Pakistan. The main products that Madagascar exported to Pakistan were Cloves ($1.72M), Nitrogenous Fertilizers ($1.44M), and Pepper ($254k). Over the past 5 years the exports of Madagascar to Pakistan have decreased at an annualized rate of 10.8%, from $7.02M in 2017 to $3.97M in 2022.

In 2022, Madagascar did not export any services to Pakistan.

Pakistan-Madagascar Trade: In 2022, Pakistan exported $153M to Madagascar. The main products that Pakistan exported to Madagascar were Rice ($61.4M), Cement ($38.5M), and Heavy Pure Woven Cotton ($12.4M). Over the past 5 years the exports of Pakistan to Madagascar have increased at an annualized rate of 0.32%,  from $149M in 2017 to $153M in 2022.

In 2022, Pakistan did not export any services to Madagascar.

Comparison: In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $3.97M to Pakistan. The main products exported from Madagascar to Pakistan were Cloves ($1.72M), Nitrogenous Fertilizers ($1.44M), and Pepper ($254k). During the last 5 years the exports of Madagascar to Pakistan have decreased at an annualized rate of 10.8%, from $7.02M in 2017 to $3.97M in 2022.

In 2017, Pakistan exported $153M to Madagascar. The main products exported from Pakistan to Madagascar were Rice ($61.4M), Cement ($38.5M), and Heavy Pure Woven Cotton ($12.4M). During the last 5 years the exports of Pakistan to Madagascar have increased at an annualized rate of 0.32%, from $149M in 2022 to $153M in 2017.

Exports from Madagascar (Flag) to Pakistan (Flag) (2022)

Exports from Pakistan (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and Pakistan (Flag)

Madagascar Exports

Pakistan Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Pakistan
Top Destination
United States$6.47B

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

In 2022, countries that imported more from Madagascar than Pakistan included Japan ($448M), India ($123M), and Mauritius ($44.7M).

In 2022, countries that imported more from Pakistan than Madagascar included United States ($6.47B), Germany ($2.8B), and United Arab Emirates ($2.58B).

Difference in imports from Pakistan (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Pakistan

Flow
Scale

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

During 2022, Madagascar had a large net trade with Pakistan in the exports of Vegetable Products ($2.4M), Chemical Products ($1.44M), and Textiles ($91.5k).

During 2017, Pakistan had a large net trade with Madagascar in the exports of Vegetable Products ($61.4M), Textiles ($46.4M), and Mineral Products ($38.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Pakistan+$998kNitrogenous Fertilizers
Top Product Potential Pakistan Madagascar+$748kNon-Retail Pure Cotton Yarn

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 Madagascar and Pakistan. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and Pakistan (Flag) (2022)

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