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Madagascar: Trade Statistics

Exporter Rank

99 / 127

Importer Rank

104 / 127

Trade Balance Rank

67 / 127

Total Trade [1]

Total Exports (2019) $2,688,948,366
Total Imports (2019) $3,944,263,148
Trade Balance (2019) ($1,255,314,782)
Exports of goods and services (% of GDP) (2021) [2] 22.47%
Imports of goods and services (% of GDP) (2021) [2] 30.16%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
France $542,602,931
United States $533,057,279
China $170,220,166
Japan $165,930,616
Germany $143,548,174
South Korea $124,377,424
Netherlands $114,863,444
United Arab Emirates $98,480,714
South Africa $87,647,365
Canada $77,436,672

Import Partners

Top 10 Import Countries

Country Import USD$
China $689,787,394
France $506,325,429
United Arab Emirates $358,546,841
India $273,773,903
South Africa $209,607,222
Mauritius $164,491,861
Belgium $146,002,718
Egypt $96,078,751
Pakistan $94,722,796
Turkey $82,186,550

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(09) Coffee & Spices $677,248,757
(75) Nickel $452,345,197
(62) Apparel: Non Knit $273,429,825
(61) Apparel: Knit $219,629,353
(26) Ores $143,773,390
(03) Seafood $121,373,433
(71) Precious Stones & Metals $120,049,170
(81) Other Base Metals $101,338,437
(27) Oil & Mineral Fuels $78,805,907
(33) Cosmetics $61,734,547

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $616,068,253
(84) Industrial Machinery $294,540,278
(87) Motor Vehicles & Parts $221,136,500
(85) Electrical Machinery $182,870,178
(10) Cereals $142,713,802
(30) Pharmaceuticals $142,611,478
(39) Plastics $124,276,141
(52) Cotton $115,770,302
(15) Fats & Oils $103,512,314
(25) Natural Minerals & Stone $103,122,983

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 11/6/2022
Madagascar