2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

Madagascar-Botswana Trade: In 2022, Madagascar exported $7.35k to Botswana. The main products that Madagascar exported to Botswana were Refined Petroleum ($4.31k), Knit Women's Undergarments ($2.15k), and Other Plastic Products ($744). Over the past 5 years the exports of Madagascar to Botswana have decreased at an annualized rate of 2.74%, from $8.45k in 2017 to $7.35k in 2022.

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

Botswana-Madagascar Trade: In 2022, Botswana exported $207k to Madagascar. The main products that Botswana exported to Madagascar were Drilling Machines ($202k), Video Cameras ($4.11k), and Office Machine Parts ($774). Over the past 5 years the exports of Botswana to Madagascar have increased at an annualized rate of 46.2%,  from $9.91k in 2017 to $207k in 2022.

In 2022, Botswana 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, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $7.35k to Botswana. The main products exported from Madagascar to Botswana were Refined Petroleum ($4.31k), Knit Women's Undergarments ($2.15k), and Other Plastic Products ($744). During the last 5 years the exports of Madagascar to Botswana have decreased at an annualized rate of 2.74%, from $8.45k in 2017 to $7.35k in 2022.

In 2017, Botswana exported $207k to Madagascar. The main products exported from Botswana to Madagascar were Drilling Machines ($202k), Video Cameras ($4.11k), and Office Machine Parts ($774). During the last 5 years the exports of Botswana to Madagascar have increased at an annualized rate of 46.2%, from $9.91k in 2022 to $207k in 2017.

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

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

Latest Data

Trade between Madagascar (Flag) and Botswana (Flag)

Madagascar Exports

Botswana Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Botswana
Top Destination
United Arab Emirates$2.31B

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

In 2022, countries that imported more from Madagascar than Botswana included France ($634M), United States ($756M), and Japan ($448M).

In 2022, countries that imported more from Botswana than Madagascar included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Comparative Advantage Madagascar - Botswana

Flow
Scale

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

During 2022, Madagascar had a large net trade with Botswana in the exports of Mineral Products ($4.31k), Textiles ($2.3k), and Plastics and Rubbers ($744).

During 2017, Botswana had a large net trade with Madagascar in the exports of Machines ($203k), Instruments ($4.11k), and Miscellaneous ($146).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Botswana+$32.5kRefined Petroleum
Top Product Potential Botswana Madagascar+$3.74kVideo Displays

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

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

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