Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Flag → Flag
Exports $48.8kRnk 87 / 149
2022
Flag → Flag
Top Product $27.7kAircraft Parts
2022
Flag → Flag
Exports $457kRnk 92 / 157
2022
Flag → Flag
Top Product $215kCloves
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Nepal-Madagascar In 2022, Nepal exported $48.8k to Madagascar. The main products that Nepal exported to Madagascar are Aircraft Parts ($27.7k) and Locomotive Parts ($21.1k). During the last 19 years the exports of Nepal to Madagascar have increased at an annualized rate of 3.87%, from $23.7k in 2003 to $48.8k in 2022.

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

Madagascar-Nepal In 2022, Madagascar exported $457k to Nepal. The main products that Madagascar exported to Nepal were Cloves ($215k), Dried Legumes ($205k), and Twine and Rope ($36.1k). During the last 19 years the exports of Madagascar to Nepal have increased at an annualized rate of 18.3%, from $18.8k in 2003 to $457k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $48.8k to Madagascar. The main products exported from Nepal to Madagascar were Aircraft Parts ($27.7k) and Locomotive Parts ($21.1k). During the last 19 years the exports of Nepal to Madagascar have increased at an annualized rate of 3.87%, from $23.7k in 2003 to $48.8k in 2022.

In 2022, Madagascar exported $457k to Nepal. The main products exported from Madagascar to Nepal were Cloves ($215k), Dried Legumes ($205k), and Twine and Rope ($36.1k). During the last 24 years the exports of Madagascar to Nepal have increased at an annualized rate of 18.3%, from $18.8k in 1998 to $457k in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Madagascar (Flag)

Madagascar Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Madagascar
Top DestinationUnited States$756M

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

In 2021, countries that imported more from Nepal than Madagascar were India ($956M), Central African Republic ($8.88M), and Turkey ($28.3M).

In 2021, countries that imported more from Madagascar than Nepal were France ($634M), United States ($756M), and China ($538M).

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

Comparative Advantage Nepal - Madagascar

Flow
Scale

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

During 2022, Nepal had a large net trade with Madagascar in the exports of Transportation ($48.8k).

During 2022, Madagascar had a large net trade with Nepal in the exports of Vegetable Products ($420k), Textiles ($37k), and Instruments ($417).

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 Nepal has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Nepal.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms