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Pricing

2022
Flag → Flag
Exports $266kRnk 29 / 90
2022
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Top Product $96.5kEngine Parts
2022
Flag → Flag
Exports $52.2kRnk 10 / 0
2022
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Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
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 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
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GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

British Virgin Islands-Madagascar In 2022, British Virgin Islands exported $266k to Madagascar. The main products that British Virgin Islands exported to Madagascar are Engine Parts ($96.5k), Air Pumps ($55.8k), and Gaskets ($14.2k). During the last 26 years the exports of British Virgin Islands to Madagascar have increased at an annualized rate of 22.1%, from $1.49k in 1996 to $266k in 2022.

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

Madagascar-British Virgin Islands In 2022, Madagascar exported $52.2k to British Virgin Islands. The main products that Madagascar exported to British Virgin Islands were N/A. During the last 26 years the exports of Madagascar to British Virgin Islands have remained the same at an annualized rate of 0%, from $52.2k in 1996 to $52.2k in 2022.

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 26 years the exports of British Virgin Islands to Madagascar have increased at an annualized rate of 22.1%, from $1.49k in 1996 to $266k in 2022.

In 2005, Madagascar exported $52.2k to British Virgin Islands. There were not main exports from Madagascar to British Virgin Islands in 2005.

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 DestinationMalta$85.8M
Madagascar
Top DestinationUnited 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 2021, countries that imported more from British Virgin Islands than Madagascar were Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

In 2021, countries that imported more from Madagascar than British Virgin Islands were 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).

During 2005, Madagascar had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more British Virgin Islands has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over British Virgin Islands.

Product Space of British Virgin Islands (Flag) and Madagascar (Flag) (2022)

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