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Pricing

2022
Flag → Flag
Exports $33.8kRnk 133 / 157
2022
Flag → Flag
Top Product $28.9kLarge Construction Vehicles
2022
Flag → Flag
Exports $366kRnk 34 / 117
2022
Flag → Flag
Top Product $343kElectrical Control Boards
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH0.099%CURRENT US$
Rnk 140 / 186

About

Madagascar-Burundi Trade: In 2022, Madagascar exported $33.8k to Burundi. The main products that Madagascar exported to Burundi were Large Construction Vehicles ($28.9k), Computers ($2.45k), and Vanilla ($2.44k). Over the past 5 years the exports of Madagascar to Burundi have decreased at an annualized rate of 38.4%, from $382k in 2017 to $33.8k in 2022.

In 2022, Madagascar did not export any services to Burundi.

Burundi-Madagascar Trade: In 2022, Burundi exported $366k to Madagascar. The main products that Burundi exported to Madagascar were Electrical Control Boards ($343k), Used Clothing ($13k), and Travel Kits ($5.32k). Over the past 5 years the exports of Burundi to Madagascar have increased at an annualized rate of 209%,  from $1.3k in 2017 to $366k in 2022.

In 2022, Burundi did not export any services to Madagascar.

Comparison In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08),  and 133 in total exports ($4.25B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $33.8k to Burundi. The main products exported from Madagascar to Burundi were Large Construction Vehicles ($28.9k), Computers ($2.45k), and Vanilla ($2.44k). During the last 5 years the exports of Madagascar to Burundi have decreased at an annualized rate of 38.4%, from $382k in 2017 to $33.8k in 2022.

In 2017, Burundi exported $366k to Madagascar. The main products exported from Burundi to Madagascar were Electrical Control Boards ($343k), Used Clothing ($13k), and Travel Kits ($5.32k). During the last 5 years the exports of Burundi to Madagascar have increased at an annualized rate of 209%, from $1.3k in 2022 to $366k in 2017.

Exports from Madagascar (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and Burundi (Flag)

Madagascar Exports

Burundi Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Burundi
Top DestinationUnited Arab Emirates$59.9M

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 2022, countries that imported more from Madagascar than Burundi included United States ($756M), France ($634M), and China ($538M).

In 2022, countries that imported more from Burundi than Madagascar included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Oman ($4.43M).

Difference in imports from Burundi (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Burundi

Flow
Scale

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

During 2022, Madagascar had a large net trade with Burundi in the exports of Machines ($31.3k) and Vegetable Products ($2.44k).

During 2017, Burundi had a large net trade with Madagascar in the exports of Machines ($347k), Textiles ($13.3k), and Miscellaneous ($5.32k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Madagascar (Flag) and Burundi (Flag) (2022)

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