China-Madagascar Bilateral Trade Analysis 2023

Complete trade statistics: $1.30B total volume •China surplus: $723.04M

ChinaMadagascar

$1.01B

Exports (2023)

MadagascarChina

$290.42M

Imports (2023)

Trade Balance

$723.04M

Surplus for China

Total Trade

$1.30B

Combined Volume

Trade Flow Visualization

Direct trade relationship between China and Madagascar. Green line shows exports from China, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Madagascar commercial relationship and competitive positioning in global markets.

ChinaMadagascar Exports

$1.01B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
4.4% top product
1Clothing: worn, and other worn articles
$44.83M
4.4% of exports
2Fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed
$30.10M
3.0% of exports
3Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$27.10M
2.7% of exports
4Hair: fine animal hair, carded or combed, of kashmir (cashmere) goats
$21.47M
2.1% of exports
5Lamps: portable, electric, designed to function by their own source of energy (excluding lighting equipment of heading no. 8512)
$12.99M
1.3% of exports

🎯 Strategic Export Focus

China's export portfolio to Madagascar demonstrates strategic specialization, with clothing: worn, and other worn articles representing a key competitive advantage in this bilateral market.

MadagascarChina Imports

$290.42M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
15.7% concentration
1Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set
$45.54M
15.7% of imports
2Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set
$32.12M
11.1% of imports
3Zirconium ores and concentrates
$29.94M
10.3% of imports
4Thorium ores and concentrates
$25.09M
8.6% of imports
5Titanium ores and concentrates
$23.52M
8.1% of imports

📦 Import Strategy Analysis

China's import pattern from Madagascar reveals significant dependencyin stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

China demonstrates competitive strength in exportingclothing: worn, and other worn articles to Madagascar, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $1.30B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: China-Madagascar Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.30 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: China maintains a surplus of $723.04 million
  • Export Focus: China's primary exports include clothing: worn, and other worn articles, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed, electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led)
  • Import Dependencies: Key imports from Madagascar include stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set, stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set, zirconium ores and concentrates

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $1.30B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in clothing: worn, and other worn articles.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

China's specialization in clothing: worn, and other worn articlescomplements Madagascar's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $1.30B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $1.30B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $1.30 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in clothing: worn, and other worn articles and stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

China's trade surplus of $723.04 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed present expansion opportunities.
Market Diversification
Beyond current focus on stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in clothing: worn, and other worn articles may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between China and Madagascar represents a total trade volume of $1.30 billion in 2023. This partnership demonstrates a favorable trade balance for China, with exports exceeding importsby $723.04 million.

Export Strengths

China's exports to Madagascar total $1.01 billion, with competitive advantages in clothing: worn, and other worn articles, representing $44.83M or4.4% of bilateral exports.

Import Dependencies

Imports from Madagascar amount to $290.42 million, highlighting economic interdependence in stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set, with Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set comprising15.7% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between China and Madagascar in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023