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2022
Flag → Flag
Exports $183kRnk 108 / 157
2022
Flag → Flag
Exports $21.3kRnk 83 / 128
2022
Flag → Flag
Top Product $6.83kUsed Clothing
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Madagascar-Benin Trade: In 2022, Madagascar exported $183k to Benin. The main products that Madagascar exported to Benin were N/A. Over the past 5 years the exports of Madagascar to Benin have increased at an annualized rate of 83.4%, from $8.83k in 2017 to $183k in 2022.

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

Benin-Madagascar Trade: In 2022, Benin exported $21.3k to Madagascar. The main products that Benin exported to Madagascar were Used Clothing ($6.83k), Cars ($4.06k), and Brochures ($2.8k). Over the past 5 years the exports of Benin to Madagascar have decreased at an annualized rate of 46.1%,  from $467k in 2017 to $21.3k in 2022.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Latest Data

Trade between Madagascar (Flag) and Benin (Flag)

Madagascar Exports

Benin Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Benin
Top DestinationIndia$448M

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

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

In 2022, countries that imported more from Benin than Madagascar included Bangladesh ($406M), India ($448M), and United Arab Emirates ($382M).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Madagascar Benin+$110kCloves
Top Product Potential Benin Madagascar+$10.6kCars

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

Product Space of Madagascar (Flag) and Benin (Flag) (NaN)

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