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2021
Flag → Flag
Exports $235kRnk 74 / 0
2021
Flag → Flag
Exports $1.18MRnk 114 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Belize-Madagascar Trade: In 2021, Belize exported $235k to Madagascar. The main products that Belize exported to Madagascar were N/A. Over the past 9 years the exports of Belize to Madagascar have increased at an annualized rate of 111%, from $282 in 2012 to $235k in 2021.

In 2021, Belize did not export any services to Madagascar.

Madagascar-Belize In N/A, Madagascar did not export any products to Belize.

In 2021, Madagascar did not export any services to Belize.

Comparison In 2022,  Belize ranked 175 in total exports ($399M), 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 2021, Belize exported $235k to Madagascar. There were not main exports from Belize to Madagascar in 2021. During the last 9 years the exports of Belize to Madagascar have increased at an annualized rate of 111%, from $282 in 2012 to $235k in 2021.

Madagascar does not register exports to Belize.

Exports from Belize (Flag) to Madagascar (Flag) (2021)

Exports from Madagascar (Flag) to Belize (Flag) (2021)

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Belize than Madagascar included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

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

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

Comparative Advantage Belize - Madagascar

Flow
Scale

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

During 2021, Belize had a large net trade with Madagascar in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Madagascar (Flag) (2021)

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