2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

In N/A, Barbados did not export any services to Madagascar.

Madagascar-Barbados Trade: In N/A, Madagascar exported $22.4k to Barbados. The main products that Madagascar exported to Barbados were N/A. Over the past N/A years the exports of Madagascar to Barbados have increased at an annualized rate of 17.7%,  from $9.96k in N/A to $22.4k in N/A.

In N/A, Madagascar did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), 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

Barbados does not register exports to Madagascar.

In 2016, Madagascar exported $22.4k to Barbados. There were not main exports from Madagascar to Barbados in 2016. During the last 5 years the exports of Madagascar to Barbados have increased at an annualized rate of 17.7%, from $9.96k in 2021 to $22.4k in 2016.

Exports from Barbados (Flag) to Madagascar (Flag) (2021)

Exports from Madagascar (Flag) to Barbados (Flag) (2021)

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Barbados than Madagascar included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

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

Comparative Advantage Barbados - Madagascar

Flow
Scale

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

During 2016, Madagascar had a large net trade with Barbados in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Barbados Madagascar+N/AN/A
Top Product Potential Madagascar Barbados+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 Barbados and Madagascar. This means that a dot/product with the flag of Barbados indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Barbados.

Product Space of Barbados (Flag) and Madagascar (Flag) (2021)

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