2023
Flag  
GDP
$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC 
$29,219CURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP PC GROWTH
8.26%CURRENT US$
Rnk 140 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Bahrain-Madagascar Trade: In 2023, Bahrain exported $8.98M to Madagascar. The main products that Bahrain exported to Madagascar were Refined Petroleum ($8.95M), Plastic Housewares ($38.2k), and Self-adhesive Plastics ($532). Over the past 5 years the exports of Bahrain to Madagascar have increased at an annualized rate of 189%, from $44.4k in 2018 to $8.98M in 2023.

In 2023, Bahrain did not export any services to Madagascar.

Madagascar-Bahrain Trade: In 2023, Madagascar exported $433k to Bahrain. The main products that Madagascar exported to Bahrain were Other Fruits ($60.9k), Non-Knit Women's Suits ($45.7k), and Railway Cargo Containers ($36.4k). Over the past 5 years the exports of Madagascar to Bahrain have decreased at an annualized rate of 23.4%,  from $1.64M in 2018 to $433k in 2023.

In 2023, Madagascar did not export any services to Bahrain.

Comparison In 2023,  Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahrain exported $8.98M to Madagascar. The main products exported from Bahrain to Madagascar were Refined Petroleum ($8.95M), Plastic Housewares ($38.2k), and Self-adhesive Plastics ($532). During the last 5 years the exports of Bahrain to Madagascar have increased at an annualized rate of 189%, from $44.4k in 2018 to $8.98M in 2023.

In 2018, Madagascar exported $433k to Bahrain. The main products exported from Madagascar to Bahrain were Other Fruits ($60.9k), Non-Knit Women's Suits ($45.7k), and Railway Cargo Containers ($36.4k). During the last 5 years the exports of Madagascar to Bahrain have decreased at an annualized rate of 23.4%, from $1.64M in 2023 to $433k in 2018.

Exports from Bahrain (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to Bahrain (Flag) (2023)

Latest Data

Trade between Bahrain (Flag) and Madagascar (Flag)

Bahrain Exports

Madagascar Exports

Market Competitiveness

Color
Bahrain
Top Destination
United Arab Emirates$3.12B
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Bahrain than Madagascar included United Arab Emirates ($3.12B), Saudi Arabia ($2.96B), and South Africa ($1.52B).

In 2023, countries that imported more from Madagascar than Bahrain included France ($641M), China ($275M), and Canada ($119M).

Difference in imports from Madagascar (Flag) and Bahrain (Flag) (2023)

Comparative Advantage Bahrain - Madagascar

Flow
Scale

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

During 2023, Bahrain had a large net trade with Madagascar in the exports of Mineral Products ($8.95M) and Plastics and Rubbers ($38.7k).

During 2018, Madagascar had a large net trade with Bahrain in the exports of Textiles ($243k), Vegetable Products ($99.4k), and Transportation ($36.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahrain (Flag) and Madagascar (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with