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Pricing

2018
Flag → Flag
Exports $21.3kRnk 25 / 0
2018
Flag → Flag
Exports $116kRnk 116 / 157
2018
Flag → Flag
Top Product $32.7kNon-Knit Men's Shirts
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Bosnia and Herzegovina-Madagascar Trade: In 2018, Bosnia and Herzegovina exported $21.3k to Madagascar. The main products that Bosnia and Herzegovina exported to Madagascar were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Madagascar have increased at an annualized rate of 6.54%, from $15.5k in 2013 to $21.3k in 2018.

In 2018, Bosnia and Herzegovina did not export any services to Madagascar.

Madagascar-Bosnia and Herzegovina Trade: In 2018, Madagascar exported $116k to Bosnia and Herzegovina. The main products that Madagascar exported to Bosnia and Herzegovina were Non-Knit Men's Shirts ($32.7k), Cloves ($29.4k), and Knit Sweaters ($6.51k). Over the past 5 years the exports of Madagascar to Bosnia and Herzegovina have decreased at an annualized rate of 0.43%,  from $119k in 2013 to $116k in 2018.

In 2018, Madagascar did not export any services to Bosnia and Herzegovina.

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). 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 2018, Bosnia and Herzegovina exported $21.3k to Madagascar. There were not main exports from Bosnia and Herzegovina to Madagascar in 2018. During the last 5 years the exports of Bosnia and Herzegovina to Madagascar have increased at an annualized rate of 6.54%, from $15.5k in 2013 to $21.3k in 2018.

In 2017, Madagascar exported $116k to Bosnia and Herzegovina. The main products exported from Madagascar to Bosnia and Herzegovina were Non-Knit Men's Shirts ($32.7k), Cloves ($29.4k), and Knit Sweaters ($6.51k). During the last 5 years the exports of Madagascar to Bosnia and Herzegovina have decreased at an annualized rate of 0.43%, from $119k in 2022 to $116k in 2017.

Exports from Bosnia and Herzegovina (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Madagascar (Flag)

Bosnia and Herzegovina Exports

Date

Madagascar Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Bosnia and Herzegovina than Madagascar included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

In 2022, countries that imported more from Madagascar than Bosnia and Herzegovina included United States ($756M), China ($538M), and Japan ($448M).

Difference in imports from Madagascar (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Madagascar

Flow
Scale

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

During 2018, Bosnia and Herzegovina had a large net trade with Madagascar in the exports of .

During 2017, Madagascar had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($63.1k), Vegetable Products ($45.4k), and Foodstuffs ($3.67k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Madagascar+$1.93kRefined Petroleum
Top Product Potential Madagascar Bosnia and Herzegovina+$56.5kNon-Knit Men's Shirts

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 Bosnia and Herzegovina and Madagascar. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Madagascar (Flag) (2022)

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