Andorra (AND) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Andorra-Madagascar Trade: In 2022, Andorra exported $42 to Madagascar. The main products that Andorra exported to Madagascar were Beauty Products ($42). Over the past 5 years the exports of Andorra to Madagascar have decreased at an annualized rate of 46.6%, from $967 in 2017 to $42 in 2022.

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

Madagascar-Andorra Trade: In 2022, Madagascar exported $62.2k to Andorra. The main products that Madagascar exported to Andorra were Non-Knit Active Wear ($15.9k), Knit Sweaters ($11.7k), and Basketwork ($6.18k). Over the past 5 years the exports of Madagascar to Andorra have increased at an annualized rate of 7.99%, from $42.4k in 2017 to $62.2k in 2022.

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

Comparison In 2022, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Andorra exported $42 to Madagascar. The main products exported from Andorra to Madagascar were Beauty Products ($42). During the last 5 years the exports of Andorra to Madagascar have decreased at an annualized rate of 46.6%, from $967 in 2017 to $42 in 2022.

In 2017, Madagascar exported $62.2k to Andorra. The main products exported from Madagascar to Andorra were Non-Knit Active Wear ($15.9k), Knit Sweaters ($11.7k), and Basketwork ($6.18k). During the last 5 years the exports of Madagascar to Andorra have increased at an annualized rate of 7.99%, from $42.4k in 2022 to $62.2k in 2017.

Exports from Andorra () to Madagascar () (2022)

Exports from Madagascar () to Andorra () (2022)

Latest Data

Trade between Andorra () and Madagascar ()

Madagascar Exports

Date

May 2018

Aug 2011

Jan 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Andorra
Top DestinationSpain$297M

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Andorra than Madagascar included Spain ($297M), El Salvador ($3.4M), and Norway ($4.83M).

In 2022, countries that imported more from Madagascar than Andorra included United States ($756M), France ($634M), and China ($538M).

Difference in imports from Madagascar () and Andorra () (2022)

Comparative Advantage Andorra - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Andorra had a large net trade with Madagascar in the exports of Chemical Products ($42).

During 2017, Madagascar had a large net trade with Andorra in the exports of Textiles ($47.5k), Wood Products ($6.18k), and Animal Hides ($5.95k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Andorra () to Madagascar () (2022)

Exports from Madagascar () to Andorra () (2022)

Latest Data

Trade between Andorra () and Madagascar ()

Madagascar Exports

Market Competitiveness

Difference in imports from Madagascar () and Andorra () (2022)

Comparative Advantage Andorra - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Andorra () and Madagascar () (2022)

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