2022
Flag  
GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Burundi-Madagascar Trade: In 2022, Burundi exported $366k to Madagascar. The main products that Burundi exported to Madagascar were Electrical Control Boards ($343k), Used Clothing ($13k), and Travel Kits ($5.32k). Over the past 8 years the exports of Burundi to Madagascar have increased at an annualized rate of 18.5%, from $94.3k in 2014 to $366k in 2022.

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

Madagascar-Burundi Trade: In 2022, Madagascar exported $33.8k to Burundi. The main products that Madagascar exported to Burundi were Large Construction Vehicles ($28.9k), Computers ($2.45k), and Vanilla ($2.44k). Over the past 8 years the exports of Madagascar to Burundi have decreased at an annualized rate of 38.4%,  from $382k in 2014 to $33.8k in 2022.

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

Comparison In 2022,  Burundi ranked 190 in total exports ($187M), 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, Burundi exported $366k to Madagascar. The main products exported from Burundi to Madagascar were Electrical Control Boards ($343k), Used Clothing ($13k), and Travel Kits ($5.32k). During the last 8 years the exports of Burundi to Madagascar have increased at an annualized rate of 18.5%, from $94.3k in 2014 to $366k in 2022.

In 2017, Madagascar exported $33.8k to Burundi. The main products exported from Madagascar to Burundi were Large Construction Vehicles ($28.9k), Computers ($2.45k), and Vanilla ($2.44k). During the last 5 years the exports of Madagascar to Burundi have decreased at an annualized rate of 38.4%, from $382k in 2022 to $33.8k in 2017.

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

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

Latest Data

Trade between Burundi (Flag) and Madagascar (Flag)

Burundi Exports

Madagascar Exports

Market Competitiveness

Color
Burundi
Top Destination
United Arab Emirates$59.9M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Burundi than Madagascar included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Oman ($4.43M).

In 2022, countries that imported more from Madagascar than Burundi included United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Burundi - Madagascar

Flow
Scale

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

During 2022, Burundi had a large net trade with Madagascar in the exports of Machines ($347k), Textiles ($13.3k), and Miscellaneous ($5.32k).

During 2017, Madagascar had a large net trade with Burundi in the exports of Machines ($31.3k) and Vegetable Products ($2.44k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burundi Madagascar+$19.5kUsed Clothing
Top Product Potential Madagascar Burundi+$3.33kVanilla

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Burundi and Madagascar. This means that a dot/product with the flag of Burundi indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Burundi.

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

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