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Pricing

2022
Flag → Flag
Exports $9.6kRnk 146 / 157
2022
Flag → Flag
Top Product $5.64kWatch Straps
2022
Flag → Flag
Exports $38.5kRnk 71 / 109
2022
Flag → Flag
Top Product $37.5kSawn Wood
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 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$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Madagascar-Republic of the Congo Trade: In 2022, Madagascar exported $9.6k to Republic of the Congo. The main products that Madagascar exported to Republic of the Congo were Watch Straps ($5.64k) and Refined Petroleum ($3.96k). Over the past 5 years the exports of Madagascar to Republic of the Congo have decreased at an annualized rate of 17.6%, from $25.2k in 2017 to $9.6k in 2022.

In 2022, Madagascar did not export any services to Republic of the Congo.

Republic of the Congo-Madagascar Trade: In 2022, Republic of the Congo exported $38.5k to Madagascar. The main products that Republic of the Congo exported to Madagascar were Sawn Wood ($37.5k) and Micro-Organism Culture Preparations ($971). Over the past 5 years the exports of Republic of the Congo to Madagascar have decreased at an annualized rate of 42.8%,  from $626k in 2017 to $38.5k in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $9.6k to Republic of the Congo. The main products exported from Madagascar to Republic of the Congo were Watch Straps ($5.64k) and Refined Petroleum ($3.96k). During the last 5 years the exports of Madagascar to Republic of the Congo have decreased at an annualized rate of 17.6%, from $25.2k in 2017 to $9.6k in 2022.

In 2017, Republic of the Congo exported $38.5k to Madagascar. The main products exported from Republic of the Congo to Madagascar were Sawn Wood ($37.5k) and Micro-Organism Culture Preparations ($971). During the last 5 years the exports of Republic of the Congo to Madagascar have decreased at an annualized rate of 42.8%, from $626k in 2022 to $38.5k in 2017.

Exports from Madagascar (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and Republic of the Congo (Flag)

Madagascar Exports

Republic of the Congo Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Republic of the Congo
Top DestinationChina$4.82B

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

In 2022, countries that imported more from Madagascar than Republic of the Congo included France ($634M), United States ($756M), and Japan ($448M).

In 2022, countries that imported more from Republic of the Congo than Madagascar included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Republic of the Congo

Flow
Scale

This chart compares trade between Madagascar and Republic of the Congo by product, considering products traded by both, Madagascar and Republic of the Congo.

During 2022, Madagascar had a large net trade with Republic of the Congo in the exports of Instruments ($5.64k) and Mineral Products ($3.96k).

During 2017, Republic of the Congo had a large net trade with Madagascar in the exports of Wood Products ($37.5k) and Chemical Products ($971).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Republic of the Congo+$15.4kRefined Petroleum
Top Product Potential Republic of the Congo Madagascar+$22.9kSawn Wood

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

Product Space of Madagascar (Flag) and Republic of the Congo (Flag) (2022)

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