2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
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GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 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 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Benin-Madagascar In 2022, Benin exported $21.3k to Madagascar. The main products that Benin exported to Madagascar are Used Clothing ($6.83k), Cars ($4.06k), and Brochures ($2.8k). During the last 23 years the exports of Benin to Madagascar have increased at an annualized rate of 2.14%, from $13.1k in 1999 to $21.3k in 2022.

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

Madagascar-Benin In 2022, Madagascar exported $183k to Benin. The main products that Madagascar exported to Benin were N/A. During the last 23 years the exports of Madagascar to Benin have increased at an annualized rate of 11.2%, from $15.9k in 1999 to $183k in 2022.

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

Comparison In 2022,  Benin ranked 149 in total exports ($1.67B), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 108 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, Benin exported $21.3k to Madagascar. The main products exported from Benin to Madagascar were Used Clothing ($6.83k), Cars ($4.06k), and Brochures ($2.8k). During the last 23 years the exports of Benin to Madagascar have increased at an annualized rate of 2.14%, from $13.1k in 1999 to $21.3k in 2022.

In 2022, Madagascar exported $183k to Benin. There were not main exports from Madagascar to Benin in 2022. During the last 27 years the exports of Madagascar to Benin have increased at an annualized rate of 11.2%, from $15.9k in 1995 to $183k in 2022.

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

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

Latest Data

Trade between Benin (Flag) and Madagascar (Flag)

Benin Exports

Madagascar Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Madagascar
Top Destination
United States$756M

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

In 2021, countries that imported more from Benin than Madagascar were Bangladesh ($406M), India ($448M), and United Arab Emirates ($382M).

In 2021, countries that imported more from Madagascar than Benin were United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Benin - Madagascar

Flow
Scale

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

During 2022, Benin had a large net trade with Madagascar in the exports of Textiles ($8.22k), Transportation ($4.06k), and Metals ($2.83k).

During 2022, Madagascar had a large net trade with Benin in the exports of Vegetable Products ($112k), Textiles ($69.7k), and Precious Metals ($756).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Benin has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Benin.

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

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