Botswana (BWA) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Botswana-Madagascar Trade: In 2023, Botswana exported $3.29k to Madagascar. The main products that Botswana exported to Madagascar were Computers ($3.29k). Over the past 6 years the exports of Botswana to Madagascar have decreased at an annualized rate of 16.8%, from $9.92k in 2017 to $3.29k in 2023.

In 2023, Botswana did not export any services to Madagascar.

Madagascar-Botswana Trade: In 2023, Madagascar exported $291k to Botswana. The main products that Madagascar exported to Botswana were Knit T-shirts ($129k), Non-Knit Men's Suits ($60.9k), and Asbestos Fibres ($50.6k). Over the past 6 years the exports of Madagascar to Botswana have increased at an annualized rate of 12.4%, from $162k in 2017 to $291k in 2023.

In 2023, Madagascar did not export any services to Botswana.

Comparison: In 2023, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B). That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Botswana exported $3.29k to Madagascar. The main products exported from Botswana to Madagascar were Computers ($3.29k). During the last 6 years the exports of Botswana to Madagascar have decreased at an annualized rate of 16.8%, from $9.92k in 2017 to $3.29k in 2023.

In 2018, Madagascar exported $291k to Botswana. The main products exported from Madagascar to Botswana were Knit T-shirts ($129k), Non-Knit Men's Suits ($60.9k), and Asbestos Fibres ($50.6k). During the last 5 years the exports of Madagascar to Botswana have increased at an annualized rate of 12.4%, from $162k in 2023 to $291k in 2018.

Exports from Botswana () to Madagascar () (2023)

Exports from Madagascar () to Botswana () (2023)

Latest Data

Trade between Botswana () and Madagascar ()

Botswana Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$1.81B

Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from Botswana than Madagascar included United Arab Emirates ($1.81B), Belgium ($1.08B), and India ($1.15B).

In 2023, countries that imported more from Madagascar than Botswana included France ($641M), Japan ($345M), and South Korea ($271M).

Difference in imports from Madagascar () and Botswana () (2023)

Comparative Advantage Botswana - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Botswana had a large net trade with Madagascar in the exports of Machines ($3.29k).

During 2018, Madagascar had a large net trade with Botswana in the exports of Textiles ($205k), Stone And Glass ($50.6k), and Footwear and Headwear ($28k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Madagascar+$3.74kVideo Displays

Top Product Potential Madagascar Botswana+$32.5kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Madagascar () (2023)

Exports from Madagascar () to Botswana () (2023)

Latest Data

Trade between Botswana () and Madagascar ()

Botswana Exports

Madagascar Exports

Market Competitiveness

Difference in imports from Madagascar () and Botswana () (2023)

Comparative Advantage Botswana - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Madagascar () (2023)

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