Madagascar (MDG) and Burundi (BDI) Trade | The Observatory of Economic Complexity

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Madagascar-Burundi Trade: In 2023, Madagascar exported $20.4k to Burundi. The main products that Madagascar exported to Burundi were Cars ($20.4k). Over the past 5 years the exports of Madagascar to Burundi have decreased at an annualized rate of 47.7%, from $519k in 2018 to $20.4k in 2023.

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

Burundi-Madagascar Trade: In 2023, Burundi exported $208 to Madagascar. The main products that Burundi exported to Madagascar were Other Plastic Products ($208). Over the past 5 years the exports of Burundi to Madagascar have decreased at an annualized rate of 41.2%, from $2.97k in 2018 to $208 in 2023.

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

Comparison In 2023, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B). That same year, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Madagascar exported $20.4k to Burundi. The main products exported from Madagascar to Burundi were Cars ($20.4k). During the last 5 years the exports of Madagascar to Burundi have decreased at an annualized rate of 47.7%, from $519k in 2018 to $20.4k in 2023.

In 2018, Burundi exported $208 to Madagascar. The main products exported from Burundi to Madagascar were Other Plastic Products ($208). During the last 5 years the exports of Burundi to Madagascar have decreased at an annualized rate of 41.2%, from $2.97k in 2023 to $208 in 2018.

Exports from Madagascar () to Burundi () (2023)

Exports from Burundi () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and Burundi ()

Madagascar Exports

Date

Burundi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$669M

Burundi
Top DestinationUnited Arab Emirates$117M

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

In 2023, countries that imported more from Madagascar than Burundi included United States ($669M), France ($641M), and Japan ($345M).

In 2023, countries that imported more from Burundi than Madagascar included Uganda ($16.4M), United Arab Emirates ($117M), and Grenada ($797).

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

Comparative Advantage Madagascar - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Madagascar had a large net trade with Burundi in the exports of Transportation ($20.4k).

During 2018, Burundi had a large net trade with Madagascar in the exports of Plastics and Rubbers ($208).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Burundi+$3.33kVanilla

Top Product Potential Burundi Madagascar+$19.5kUsed Clothing

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

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Burundi () (2023)

Exports from Burundi () to Madagascar () (2023)

Latest Data

Trade between Madagascar () and Burundi ()

Madagascar Exports

Burundi Exports

Market Competitiveness

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

Comparative Advantage Madagascar - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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