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Pricing

2023
Flag → Flag
Exports $143kRnk 43 / 82
2023
Flag → Flag
Top Product $27.2kEngine Parts
2023
Flag → Flag
Exports $16.2MRnk 11 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.15Rnk 117 / 132
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH-1.77%CURRENT US$
Rnk 155 / 195

About

British Virgin Islands-Madagascar Trade: In 2023, British Virgin Islands exported $143k to Madagascar. The main products that British Virgin Islands exported to Madagascar were Engine Parts ($27.2k), Transmissions ($20.3k), and Air Pumps ($19.2k). Over the past 5 years the exports of British Virgin Islands to Madagascar have increased at an annualized rate of 53.1%, from $17k in 2018 to $143k in 2023.

In 2023, British Virgin Islands did not export any services to Madagascar.

Madagascar-British Virgin Islands In N/A, Madagascar did not export any products to British Virgin Islands.

In 2023, Madagascar did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $143k to Madagascar. The main products exported from British Virgin Islands to Madagascar were Engine Parts ($27.2k), Transmissions ($20.3k), and Air Pumps ($19.2k). During the last 5 years the exports of British Virgin Islands to Madagascar have increased at an annualized rate of 53.1%, from $17k in 2018 to $143k in 2023.

Madagascar does not register exports to British Virgin Islands.

Exports from British Virgin Islands (Flag) to Madagascar (Flag) (2023)

Exports from Madagascar (Flag) to British Virgin Islands (Flag) (2023)

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Madagascar
Top DestinationUnited States$669M

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

In 2023, countries that imported more from British Virgin Islands than Madagascar included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

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

Difference in imports from Madagascar (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Madagascar

Flow
Scale

This chart compares trade between British Virgin Islands and Madagascar by product, considering products traded by both, British Virgin Islands and Madagascar.

During 2023, British Virgin Islands had a large net trade with Madagascar in the exports of Machines ($103k), Plastics and Rubbers ($14.7k), and Textiles ($12k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Madagascar (Flag) (2023)

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