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Pricing

2022
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Exports $315MRnk 50 / 214
2022
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Top Product $124MCoal Briquettes
2022
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Exports $152MRnk 7 / 157
2022
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Top Product $35MKnit T-shirts
2022
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Economic Complexity (ECI) ECI 0.033Rnk 61 / 124
2022
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Economic Complexity (ECI) ECI -1.08Rnk 108 / 124
2022
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GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
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2022
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 GDP$15BCURRENT US$
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2012-2022
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GDP GROWTH29.2%CURRENT US$
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2022
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GDP PC $6,776CURRENT US$
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2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
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2022
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GDP PC$505CURRENT US$
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2012-2022
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GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

South Africa-Madagascar In 2022, South Africa exported $315M to Madagascar. The main products that South Africa exported to Madagascar are Coal Briquettes ($124M), Delivery Trucks ($15.8M), and Refined Petroleum ($10.2M). During the last 27 years the exports of South Africa to Madagascar have increased at an annualized rate of 6.84%, from $52.7M in 1995 to $315M in 2022.

In 2022, South Africa did not export any services to Madagascar.

Madagascar-South Africa In 2022, Madagascar exported $152M to South Africa. The main products that Madagascar exported to South Africa were Knit T-shirts ($35M), Knit Sweaters ($20.5M), and Non-Knit Men's Suits ($11.9M). During the last 27 years the exports of Madagascar to South Africa have increased at an annualized rate of 14.8%, from $3.66M in 1995 to $152M in 2022.

In 2022, Madagascar did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B). That same year, Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Latest Trends

January, 2024

About

Overview In January 2024, South Africa exported ZAR178M and imported ZAR247M from Madagascar, resulting in a negative trade balance of ZAR68.2M. Between January 2023 and January 2024 the exports of South Africa have increased by ZAR34M (23.5%) from ZAR144M to ZAR178M, while imports increased by ZAR1.67M (0.68%) from ZAR245M to ZAR247M.

Trade In January 2024, the top exports of South Africa to Madagascar were Delivery Trucks (ZAR22.1M), Refined Petroleum (ZAR13.2M), Computers (ZAR9.8M), Raw Sugar (ZAR9.73M), and Stone Processing Machines (ZAR9.34M). In January 2024 the top imports of South Africa from Madagascar were Knit Sweaters (ZAR65.7M), Knit T-shirts (ZAR55.8M), Non-Knit Men's Suits (ZAR21.5M), Knit Women's Suits (ZAR19.5M), and Knit Men's Shirts (ZAR18.9M).

Origins In January 2024 the exports of South Africa were mainly from Durban (ZAR74.8M), Komatipoort (ZAR42.3M), Port Elizabeth (ZAR18.8M), Johannesburg (ZAR18.6M), and O.R. Tambo Int Airport (ZAR9M), while imports destinations were mainly Durban (ZAR162M), Cape Town (ZAR65.5M), O.R. Tambo Int Airport (ZAR11.9M), Cape Town Int Airport (ZAR7.06M), and King Shaka Int Airport (ZAR159k).

Growth In January 2024, the increase in South Africa's year-by-year exports to Madagascar was explained primarily by an increase in product exports in Delivery Trucks (ZAR10.8M or 95.6%), Computers (ZAR9.61M or 4.95k%), and Raw Sugar (ZAR7.71M or 382%). In January 2024, the increase in South Africa's year-by-year imports  from Madagascar was explained primarily by an increase in product imports  in Knit Sweaters (ZAR14.5M or 28.5%), Non-Knit Men's Suits (ZAR9.92M or 85.5%), and Knit T-shirts (ZAR6.61M or 13.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)ZAR34M(23.5%)
IMPORT GROWTH (January 2023 - January 2024)ZAR1.67M(0.68%)
MAIN EXPORTER (January 2024)DurbanZAR74.8M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Madagascar and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $315M to Madagascar. The main products exported from South Africa to Madagascar were Coal Briquettes ($124M), Delivery Trucks ($15.8M), and Refined Petroleum ($10.2M). During the last 27 years the exports of South Africa to Madagascar have increased at an annualized rate of 6.84%, from $52.7M in 1995 to $315M in 2022.

In 2022, Madagascar exported $152M to South Africa. The main products exported from Madagascar to South Africa were Knit T-shirts ($35M), Knit Sweaters ($20.5M), and Non-Knit Men's Suits ($11.9M). During the last 27 years the exports of Madagascar to South Africa have increased at an annualized rate of 14.8%, from $3.66M in 1995 to $152M in 2022.

Exports from South Africa (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Madagascar
Top DestinationUnited States$756M

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

In 2021, countries that imported more from South Africa than Madagascar were China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2021, countries that imported more from Madagascar than South Africa were Comoros ($7.03M) and Turks and Caicos Islands ($322k).

Difference in imports from Madagascar (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Madagascar

Flow
Scale

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

During 2022, South Africa had a large net trade with Madagascar in the exports of Mineral Products ($135M), Machines ($54.9M), and Transportation ($28.3M).

During 2022, Madagascar had a large net trade with South Africa in the exports of Textiles ($131M), Metals ($8.5M), and Chemical Products ($8.43M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Africa has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over South Africa.

Product Space of South Africa (Flag) and Madagascar (Flag) (2022)

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