Sign In
Pricing

2021
Flag → Flag
Exports $22.4kRnk 173 / 0
2021
Flag → Flag
Exports $787Rnk 49 / 0
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$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 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$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Madagascar-Barbados Trade: In 2021, Madagascar exported $22.4k to Barbados. The main products that Madagascar exported to Barbados were N/A. Over the past 5 years the exports of Madagascar to Barbados have increased at an annualized rate of 17.7%, from $9.96k in 2016 to $22.4k in 2021.

In 2021, Madagascar did not export any services to Barbados.

Barbados-Madagascar Trade: In 2021, Barbados exported $787 to Madagascar. The main products that Barbados exported to Madagascar were N/A. Over the past 5 years the exports of Barbados to Madagascar have increased at an annualized rate of 41.2%,  from $140 in 2016 to $787 in 2021.

In 2021, Barbados 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, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Madagascar exported $22.4k to Barbados. There were not main exports from Madagascar to Barbados in 2021. During the last 5 years the exports of Madagascar to Barbados have increased at an annualized rate of 17.7%, from $9.96k in 2016 to $22.4k in 2021.

In 2016, Barbados exported $787 to Madagascar. There were not main exports from Barbados to Madagascar in 2016. During the last 5 years the exports of Barbados to Madagascar have increased at an annualized rate of 41.2%, from $140 in 2021 to $787 in 2016.

Exports from Madagascar (Flag) to Barbados (Flag) (2021)

Exports from Barbados (Flag) to Madagascar (Flag) (2021)

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Barbados
Top DestinationUnited States$88.6M

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

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

In 2022, countries that imported more from Barbados than Madagascar included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

Comparative Advantage Madagascar - Barbados

Flow
Scale

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

During 2021, Madagascar had a large net trade with Barbados in the exports of .

During 2016, Barbados 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 Barbados. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Barbados. Similarly, a dot/product with the flag of Barbados indicates it has a comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and Barbados (Flag) (2021)

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