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

About

British Indian Ocean Territory-Madagascar In 2012, British Indian Ocean Territory exported $171k to Madagascar. The main products that British Indian Ocean Territory exported to Madagascar are N/A. During the last 14 years the exports of British Indian Ocean Territory to Madagascar have increased at an annualized rate of 14.7%, from $25.1k in 1998 to $171k in 2012.

In 2012, British Indian Ocean Territory did not export any services to Madagascar.

Madagascar-British Indian Ocean Territory In 2012, Madagascar exported $662 to British Indian Ocean Territory. The main products that Madagascar exported to British Indian Ocean Territory were N/A. During the last 14 years the exports of Madagascar to British Indian Ocean Territory have decreased at an annualized rate of 38.3%, from $573k in 1998 to $662 in 2012.

In 2012, Madagascar did not export any services to British Indian Ocean Territory.

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M), 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

In 2012, British Indian Ocean Territory exported $171k to Madagascar. There were not main exports from British Indian Ocean Territory to Madagascar in 2012. During the last 14 years the exports of British Indian Ocean Territory to Madagascar have increased at an annualized rate of 14.7%, from $25.1k in 1998 to $171k in 2012.

In 2015, Madagascar exported $662 to British Indian Ocean Territory. There were not main exports from Madagascar to British Indian Ocean Territory in 2015. During the last 20 years the exports of Madagascar to British Indian Ocean Territory have decreased at an annualized rate of 38.3%, from $573k in 1995 to $662 in 2015.

Exports from British Indian Ocean Territory (Flag) to Madagascar (Flag) (2015)

Exports from Madagascar (Flag) to British Indian Ocean Territory (Flag) (2015)

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M

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

In 2021, countries that imported more from British Indian Ocean Territory than Madagascar were Uzbekistan ($280k).

In 2021, countries that imported more from Madagascar than British Indian Ocean Territory were United States ($756M), France ($634M), and China ($538M).

Difference in imports from Madagascar (Flag) and British Indian Ocean Territory (Flag) (2022)

Comparative Advantage British Indian Ocean Territory - Madagascar

Flow
Scale

This chart compares trade between British Indian Ocean Territory and Madagascar by product, considering products traded by both, British Indian Ocean Territory and Madagascar.

During 2012, British Indian Ocean Territory had a large net trade with Madagascar in the exports of .

During 2015, Madagascar had a large net trade with British Indian Ocean Territory in the exports of .

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 British Indian Ocean Territory has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over British Indian Ocean Territory.

Product Space of British Indian Ocean Territory (Flag) and Madagascar (Flag) (2015)

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