2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

In N/A, Bhutan did not export any services to Madagascar.

Madagascar-Bhutan In false, Madagascar did not export any products to Bhutan.

In N/A, Madagascar did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), 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

Bhutan does not register exports to Madagascar.

Madagascar does not register exports to Bhutan.

Exports from Bhutan (Flag) to Madagascar (Flag) (2015)

Exports from Madagascar (Flag) to Bhutan (Flag) (2015)

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Bhutan than Madagascar included India ($343M), Nepal ($7.44M), and Colombia ($7.42M).

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

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

Comparative Advantage Bhutan - Madagascar

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Madagascar (Flag) (2015)

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