2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
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GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

British Virgin Islands-Madagascar Trade: In 2022, British Virgin Islands exported $266k to Madagascar. The main products that British Virgin Islands exported to Madagascar were Engine Parts ($96.5k), Air Pumps ($55.8k), and Gaskets ($14.2k). Over the past 19 years the exports of British Virgin Islands to Madagascar have increased at an annualized rate of 15.9%, from $16.2k in 2003 to $266k in 2022.

In 2022, 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 2022, Madagascar did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $266k to Madagascar. The main products exported from British Virgin Islands to Madagascar were Engine Parts ($96.5k), Air Pumps ($55.8k), and Gaskets ($14.2k). During the last 19 years the exports of British Virgin Islands to Madagascar have increased at an annualized rate of 15.9%, from $16.2k in 2003 to $266k in 2022.

Madagascar does not register exports to British Virgin Islands.

Exports from British Virgin Islands (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to British Virgin Islands (Flag) (2022)

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Madagascar
Top Destination
United States$756M

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 2022, countries that imported more from British Virgin Islands than Madagascar included Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

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

Difference in imports from Madagascar (Flag) and British Virgin Islands (Flag) (2022)

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 2022, British Virgin Islands had a large net trade with Madagascar in the exports of Machines ($221k), Plastics and Rubbers ($13.9k), and Instruments ($13.6k).

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) (2022)

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