Bangladesh-Madagascar Trade: In 2022, Bangladesh exported $17.2M to Madagascar. The main products that Bangladesh exported to Madagascar were Ammonia ($10.4M), Light Rubberized Knitted Fabric ($2.88M), and Packing Bags ($1.85M). Over the past 5 years the exports of Bangladesh to Madagascar have increased at an annualized rate of 63.3%, from $1.48M in 2017 to $17.2M in 2022.
In 2022, Bangladesh did not export any services to Madagascar.
Madagascar-Bangladesh Trade: In 2022, Madagascar exported $923k to Bangladesh. The main products that Madagascar exported to Bangladesh were Cloves ($709k), Packing Bags ($196k), and Recovered Paper ($17.5k). Over the past 5 years the exports of Madagascar to Bangladesh have increased at an annualized rate of 10.1%, from $571k in 2017 to $923k in 2022.
In 2022, Madagascar did not export any services to Bangladesh.
Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).