2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Madagascar-Bosnia and Herzegovina Trade: In 2022, 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 0.52%, from $119k in 2017 to $116k in 2022.

In 2022, Madagascar did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Madagascar Trade: In 2022, 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 2017 to $21.3k in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Madagascar.

Comparison: In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 0.52%, from $119k in 2017 to $116k in 2022.

In 2013, Bosnia and Herzegovina exported $21.3k to Madagascar. There were not main exports from Bosnia and Herzegovina to Madagascar in 2013. 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 2018 to $21.3k in 2013.

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

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

Latest Data

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

Madagascar Exports

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

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

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

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

Comparative Advantage Madagascar - Bosnia and Herzegovina

Flow
Scale

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

During 2022, 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).

During 2013, Bosnia and Herzegovina 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 Madagascar and Bosnia and Herzegovina. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Madagascar.

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

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