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Pricing

2022
Flag → Flag
Exports $1.32MRnk 62 / 139
2022
Flag → Flag
Top Product $1.08MProcessed Tobacco
2022
Flag → Flag
Exports $2.95MRnk 47 / 157
2022
Flag → Flag
Top Product $2.18MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.74Rnk 99 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH-1.8%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Zimbabwe-Madagascar Trade: In 2022, Zimbabwe exported $1.32M to Madagascar. The main products that Zimbabwe exported to Madagascar were Processed Tobacco ($1.08M), Paper Containers ($173k), and Sowing Seeds ($38k). Over the past 5 years the exports of Zimbabwe to Madagascar have decreased at an annualized rate of 12.5%, from $2.57M in 2017 to $1.32M in 2022.

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

Madagascar-Zimbabwe Trade: In 2022, Madagascar exported $2.95M to Zimbabwe. The main products that Madagascar exported to Zimbabwe were Nitrogenous Fertilizers ($2.18M), Other Edible Preparations ($595k), and Heavy Pure Woven Cotton ($94.2k). Over the past 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 19.7%,  from $841k in 2017 to $2.95M in 2022.

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

Comparison: In 2022,  Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). 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
Value

In 2022, Zimbabwe exported $1.32M to Madagascar. The main products exported from Zimbabwe to Madagascar were Processed Tobacco ($1.08M), Paper Containers ($173k), and Sowing Seeds ($38k). During the last 5 years the exports of Zimbabwe to Madagascar have decreased at an annualized rate of 12.5%, from $2.57M in 2017 to $1.32M in 2022.

In 2017, Madagascar exported $2.95M to Zimbabwe. The main products exported from Madagascar to Zimbabwe were Nitrogenous Fertilizers ($2.18M), Other Edible Preparations ($595k), and Heavy Pure Woven Cotton ($94.2k). During the last 5 years the exports of Madagascar to Zimbabwe have increased at an annualized rate of 19.7%, from $841k in 2022 to $2.95M in 2017.

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

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

Latest Data

Trade between Zimbabwe (Flag) and Madagascar (Flag)

Zimbabwe Exports

Madagascar Exports

Market Competitiveness

Color
Zimbabwe
Top DestinationUnited Arab Emirates$4.78B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Zimbabwe than Madagascar included United Arab Emirates ($4.78B), South Africa ($1.47B), and Belgium ($297M).

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

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

Comparative Advantage Zimbabwe - Madagascar

Flow
Scale

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

During 2022, Zimbabwe had a large net trade with Madagascar in the exports of Foodstuffs ($1.08M), Paper Goods ($173k), and Vegetable Products ($38.3k).

During 2017, Madagascar had a large net trade with Zimbabwe in the exports of Chemical Products ($2.18M), Foodstuffs ($595k), and Textiles ($164k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zimbabwe Madagascar+$45.2kPackaged Medicaments
Top Product Potential Madagascar Zimbabwe+$57.9kRefined Petroleum

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

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

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