Burkina Faso (BFA) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

2022

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Exports $73kRnk N/A / N/A

2022

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About

Burkina Faso-Madagascar In 2022, Burkina Faso exported $73k to Madagascar. The main products that Burkina Faso exported to Madagascar are Cars ($39.5k), Refrigerators ($19.8k), and Beauty Products ($3.23k). During the last 27 years the exports of Burkina Faso to Madagascar have increased at an annualized rate of 5.2%, from $18.6k in 1995 to $73k in 2022.

In 2022, Burkina Faso did not export any services to Madagascar.

Madagascar-Burkina Faso In 2022, Madagascar exported $107k to Burkina Faso. The main products that Madagascar exported to Burkina Faso were Non-Knit Men's Shirts ($37.7k), Delivery Trucks ($20.3k), and Basketwork ($12.5k). During the last 27 years the exports of Madagascar to Burkina Faso have increased at an annualized rate of 12.3%, from $4.63k in 1995 to $107k in 2022.

In 2022, Madagascar did not export any services to Burkina Faso.

Comparison In 2022, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B). That same year, Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Latest Data

Trade between Burkina Faso () and Madagascar ()

Burkina Faso Exports

Date

Mar 2011

Jan 2011

Jul 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationN/AN/A

Madagascar
Top DestinationN/AN/A

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

N/A

Difference in imports from Madagascar () and Burkina Faso () (2022)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Burkina Faso has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Burkina Faso.