Madagascar: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

Key figures

What the numbers say

In 2023, Madagascar's merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 5.13 percentage points on 2022 (from 18.78% to 13.66%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0.62 percentage points and a typical year strayed about 2.5 percentage points from that (the standard deviation). This year's change was 2.3 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 18.17 percentage points in 1981 and the biggest yearly fall was 13.25 percentage points in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 0.98 percentage points a year. A straight line explains 56% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Madagascar had the 68th highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Madagascar in the 2023 ranking

• South Africa — 64th of 203: 14.1%
• Tuvalu — 65th of 203: 13.92%
• China — 66th of 203: 13.69%
• Kuwait — 68th of 203: 13.4%
• French Polynesia — 69th of 203: 12.88%
• Namibia — 70th of 203: 12.63%

What this measures

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 60 values

Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in nearby economies

• Angola — 52.07% (2023)
• Benin — 8.55% (2023)
• Botswana — 7.19% (2023)
• Burkina Faso — 0.52% (2023)
• Burundi — 1.82% (2023)
• Cabo Verde — 3.71% (2023)
• Cameroon

More private sector & trade data for Madagascar

• Merchandise trade (% of GDP) — 39.44% (2025)
• Merchandise imports (current US$) — US$5.24 billion (2025)
• Merchandise exports (current US$) — US$2.5 billion (2025)
• Merchandise imports from economies in the Arab World (% of total merchandise imports) — 24.13% (2023)
• Merchandise imports from high-income economies (% of total merchandise imports) — 46.22% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 45.66% (2023)
• Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) — 12.11% (2023)
• Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Madagascar's merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?

13.66% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1964?

It is up 12.04 percentage points from 1.61% in 1964. The highest value was 22.2% in 1981 and the lowest 0.06% in 1984.

How does Madagascar rank?

68th highest of 203 economies with data for 2023.

Is the latest change in merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) unusual for Madagascar?

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.R1.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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