Madagascar
↔
Indonesia

Madagascar-Indonesia Bilateral Trade Analysis 2023

Complete trade statistics: $200.71M total volume •Madagascar surplus: $92.14M

Madagascar → Indonesia

$146.43M

Exports (2023)

Indonesia → Madagascar

$54.29M

Imports (2023)

Trade Balance

$92.14M

Surplus for Madagascar

Total Trade

$200.71M

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

Madagascar → Indonesia Exports

$146.43M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
94.3% top product
1Spices: cloves (whole fruit, cloves and stems), neither crushed nor ground
$138.15M
94.3% of exports
2Oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes
$2.63M
1.8% of exports
3Human hair, dressed, thinned, bleached or otherwise worked: wool or other animal hair or other textile materials, prepared for use in making wigs or the like
$1.66M
1.1% of exports
4Sulphides and polysulphides: whether or not chemically defined, other than sulphides of sodium
$884,216
0.6% of exports
5Cocoa beans: whole or broken, raw or roasted
$871,391
0.6% of exports

🎯 Strategic Export Focus

Madagascar's export portfolio to Indonesia demonstrates strategic specialization, with spices: cloves (whole fruit, cloves and stems), neither crushed nor ground representing a key competitive advantage in this bilateral market.

Indonesia → Madagascar Imports

$54.29M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
15.3% concentration
1Soap: in forms n.e.c. in item no. 3401.11
$8.30M
15.3% of imports
2Washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale
$5.18M
9.5% of imports
3Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified
$4.42M
8.1% of imports
4Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of oils, n.e.c. in heading no. 2306
$4.07M
7.5% of imports
5Glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods
$3.37M
6.2% of imports

📦 Import Strategy Analysis

Madagascar's import pattern from Indonesia reveals significant dependencyin soap: in forms n.e.c. in item no. 3401.11, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Madagascar demonstrates competitive strength in exportingspices: cloves (whole fruit, cloves and stems), neither crushed nor ground to Indonesia, 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 $200.71M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Madagascar-Indonesia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $200.71 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Madagascar maintains a surplus of $92.14 million
  • Export Focus: Madagascar's primary exports include spices: cloves (whole fruit, cloves and stems), neither crushed nor ground, oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes, human hair, dressed, thinned, bleached or otherwise worked: wool or other animal hair or other textile materials, prepared for use in making wigs or the like
  • Import Dependencies: Key imports from Indonesia include soap: in forms n.e.c. in item no. 3401.11, washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale, vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified

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 $200.71M 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 Madagascar leveraging its comparative advantages in spices: cloves (whole fruit, cloves and stems), neither crushed nor ground.

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

Madagascar's specialization in spices: cloves (whole fruit, cloves and stems), neither crushed nor groundcomplements Indonesia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in soap: in forms n.e.c. in item no. 3401.11.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $200.71M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $200.71M 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 $200.71 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in spices: cloves (whole fruit, cloves and stems), neither crushed nor ground and soap: in forms n.e.c. in item no. 3401.11 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Madagascar's trade surplus of $92.14 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 oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes present expansion opportunities.
Market Diversification
Beyond current focus on soap: in forms n.e.c. in item no. 3401.11, 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 spices: cloves (whole fruit, cloves and stems), neither crushed nor ground 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 Madagascar and Indonesia represents a total trade volume of $200.71 million in 2023. This partnership demonstrates a favorable trade balance for Madagascar, with exports exceeding importsby $92.14 million.

Export Strengths

Madagascar's exports to Indonesia total $146.43 million, with competitive advantages in spices: cloves (whole fruit, cloves and stems), neither crushed nor ground, representing $138.15M or94.3% of bilateral exports.

Import Dependencies

Imports from Indonesia amount to $54.29 million, highlighting economic interdependence in soap: in forms n.e.c. in item no. 3401.11, with Soap: in forms n.e.c. in item no. 3401.11 comprising15.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Madagascar'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 Madagascar and Indonesia in multiple formats.

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