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Pricing

2022
Flag → Flag
Exports $6.09kRnk 151 / 157
2022
Flag → Flag
Top Product $3.7kKnit Men's Suits
2022
Flag → Flag
Exports $6.9kRnk 17 / 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$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 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$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Madagascar-Bermuda Trade: In 2022, Madagascar exported $6.09k to Bermuda. The main products that Madagascar exported to Bermuda were Knit Men's Suits ($3.7k), Knit Sweaters ($2.32k), and Non-Knit Active Wear ($39). Over the past 5 years the exports of Madagascar to Bermuda have decreased at an annualized rate of 30.9%, from $38.7k in 2017 to $6.09k in 2022.

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

Bermuda-Madagascar In N/A, Bermuda did not export any products to Madagascar.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $6.09k to Bermuda. The main products exported from Madagascar to Bermuda were Knit Men's Suits ($3.7k), Knit Sweaters ($2.32k), and Non-Knit Active Wear ($39). During the last 5 years the exports of Madagascar to Bermuda have decreased at an annualized rate of 30.9%, from $38.7k in 2017 to $6.09k in 2022.

Bermuda does not register exports to Madagascar.

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

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

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Bermuda
Top DestinationZambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Madagascar included Zambia ($17.5M), Angola ($7.13M), and Cyprus ($2.39M).

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

Comparative Advantage Madagascar - Bermuda

Flow
Scale

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

During 2022, Madagascar had a large net trade with Bermuda in the exports of Textiles ($6.09k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Bermuda+N/AN/A
Top Product Potential Bermuda Madagascar+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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