2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$20.3BCURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP GROWTH
47.7%CURRENT US$
Rnk 69 / 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
$1,748CURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP PC GROWTH
28.9%CURRENT US$
Rnk 67 / 186

About

Madagascar-Haiti Trade: In 2022, Madagascar exported $631 to Haiti. The main products that Madagascar exported to Haiti were Sewing Machines ($631). Over the past 15 years the exports of Madagascar to Haiti have decreased at an annualized rate of 25.3%, from $50.2k in 2007 to $631 in 2022.

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

Haiti-Madagascar Trade: In 2022, Haiti exported $475 to Madagascar. The main products that Haiti exported to Madagascar were Broadcasting Equipment ($475). Over the past 15 years the exports of Haiti to Madagascar have decreased at an annualized rate of 68.2%,  from $145k in 2007 to $475 in 2022.

In 2022, Haiti 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, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $631 to Haiti. The main products exported from Madagascar to Haiti were Sewing Machines ($631). During the last 15 years the exports of Madagascar to Haiti have decreased at an annualized rate of 25.3%, from $50.2k in 2007 to $631 in 2022.

In 2017, Haiti exported $475 to Madagascar. The main products exported from Haiti to Madagascar were Broadcasting Equipment ($475). During the last 5 years the exports of Haiti to Madagascar have decreased at an annualized rate of 68.2%, from $145k in 2022 to $475 in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Haiti (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Haiti
Top Destination
United States$1.08B

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

In 2022, countries that imported more from Madagascar than Haiti included France ($634M), China ($538M), and Japan ($448M).

In 2022, countries that imported more from Haiti than Madagascar included United States ($1.08B), Mexico ($29.4M), and Dominican Republic ($11.9M).

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

Comparative Advantage Madagascar - Haiti

Flow
Scale

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

During 2022, Madagascar had a large net trade with Haiti in the exports of Machines ($631).

During 2017, Haiti had a large net trade with Madagascar in the exports of Machines ($475).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Haiti+$2.12kRefined Petroleum
Top Product Potential Haiti Madagascar+$1.66kTelephones

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

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

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