Madagascar-United Kingdom Bilateral Trade Analysis 2023
Complete trade statistics: $85.20M total volume •Madagascar surplus: $85.20M
Madagascar → United Kingdom
$85.20M
Exports (2023)
United Kingdom → Madagascar
$0
Imports (2023)
Trade Balance
$85.20M
Surplus for Madagascar
Total Trade
$85.20M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Madagascar and United Kingdom. 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-United Kingdom commercial relationship and competitive positioning in global markets.
Madagascar → United Kingdom Exports
Export Market Intelligence
🎯 Strategic Export Focus
Madagascar's export portfolio to United Kingdom demonstrates strategic specialization, with jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats representing a key competitive advantage in this bilateral market.
United Kingdom → Madagascar Imports
Import Dependency Profile
📦 Import Strategy Analysis
Madagascar's import pattern from United Kingdom reveals significant dependencyin fabrics, woven: 3- or 4-thread twill, including cross twill, dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Madagascar demonstrates competitive strength in exportingjerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats to United Kingdom, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $85.20M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Madagascar-United Kingdom Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $85.20 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Madagascar maintains a surplus of $85.20 million
- Export Focus: Madagascar's primary exports include jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats, spices: vanilla, neither crushed nor ground, jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of wool or fine animal hair
- Import Dependencies: Key imports from United Kingdom include fabrics, woven: 3- or 4-thread twill, including cross twill, dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title, plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered
Strategic Trade Indicators
📈 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 $85.20M 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 jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats.
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
Comparative Advantage
Madagascar's specialization in jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goatscomplements United Kingdom's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fabrics, woven: 3- or 4-thread twill, including cross twill, dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $85.20M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $85.20M 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 $85.20 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats and fabrics, woven: 3- or 4-thread twill, including cross twill, dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Madagascar's trade surplus of $85.20 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 United Kingdom represents a total trade volume of $85.20 million in 2023. This partnership demonstrates a favorable trade balance for Madagascar, with exports exceeding importsby $85.20 million.
Export Strengths
Madagascar's exports to United Kingdom total $85.20 million, with competitive advantages in jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats, representing $17.32M or20.3% of bilateral exports.
Import Dependencies
Imports from United Kingdom amount to $0.00, highlighting economic interdependence in fabrics, woven: 3- or 4-thread twill, including cross twill, dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, with Fabrics, woven: 3- or 4-thread twill, including cross twill, dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2 comprisingInfinity% 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 United Kingdom in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023