Sign In
Pricing

2022
Flag → Flag
Exports $236kRnk 104 / 157
2022
Flag → Flag
Top Product $232kCloves
2022
Flag → Flag
Exports $502kRnk 125 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 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$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Madagascar-Bolivia Trade: In 2022, Madagascar exported $236k to Bolivia. The main products that Madagascar exported to Bolivia were Cloves ($232k), Non-Knit Men's Shirts ($3.64k), and Knit T-shirts ($120). Over the past 5 years the exports of Madagascar to Bolivia have increased at an annualized rate of 32.8%, from $57.2k in 2017 to $236k in 2022.

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

Bolivia-Madagascar Trade: In 2022, Bolivia exported $502k to Madagascar. The main products that Bolivia exported to Madagascar were N/A. Over the past 5 years the exports of Bolivia to Madagascar have increased at an annualized rate of 218%,  from $1.55k in 2017 to $502k in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $236k to Bolivia. The main products exported from Madagascar to Bolivia were Cloves ($232k), Non-Knit Men's Shirts ($3.64k), and Knit T-shirts ($120). During the last 5 years the exports of Madagascar to Bolivia have increased at an annualized rate of 32.8%, from $57.2k in 2017 to $236k in 2022.

In 2015, Bolivia exported $502k to Madagascar. There were not main exports from Bolivia to Madagascar in 2015. During the last 5 years the exports of Bolivia to Madagascar have increased at an annualized rate of 218%, from $1.55k in 2020 to $502k in 2015.

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

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

Latest Data

Trade between Madagascar (Flag) and Bolivia (Flag)

Madagascar Exports

Bolivia Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Madagascar than Bolivia included France ($634M), United States ($756M), and South Africa ($152M).

In 2022, countries that imported more from Bolivia than Madagascar included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Madagascar - Bolivia

Flow
Scale

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

During 2022, Madagascar had a large net trade with Bolivia in the exports of Vegetable Products ($232k) and Textiles ($3.77k).

During 2015, Bolivia had a large net trade with Madagascar in the exports of .

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms