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Madagascar Trade Summary

2020

Madagascar exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MADAGASCAR 2020

Overall Exports and Imports for Madagascar 2020

Exports and imports of Madagascar in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,019 million.
  • The total value of imports (CIF) was 3,220 million.
  • At the HS6 digit level, 1,614 products were exported to 139 countries and 3,681 products were imported from 139 countries.

Madagascar top 5 Export and Import partners 2020

Top five countries to which Madagascar exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Madagascar exports to France worth US$ 450 million, with a partner share of 22.27 percent.
  2. Madagascar exports to United States worth US$ 446 million, with a partner share of 22.11 percent.
  3. Madagascar exports to Germany worth US$ 161 million, with a partner share of 7.97 percent.
  4. Madagascar exports to China worth US$ 117 million, with a partner share of 5.78 percent.
  5. Madagascar exports to Netherlands worth US$ 86 million, with a partner share of 4.25 percent.

Top five countries from which Madagascar imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Madagascar imports from China worth US$ 681 million, with a partner share of 21.15 percent.
  2. Madagascar imports from France worth US$ 377 million, with a partner share of 11.70 percent.
  3. Madagascar imports from India worth US$ 258 million, with a partner share of 8.01 percent.
  4. Madagascar imports from United Arab Emirates worth US$ 241 million, with a partner share of 7.47 percent.
  5. Madagascar imports from South Africa worth US$ 157 million, with a partner share of 4.88 percent.

Madagascar Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Madagascar along with trade value are:

  1. Madagascar exported Vanilla , worth 510,914.78 (US$ Thousands).
  2. Madagascar exported Nickel unwrought, not alloyed , worth 142,066.05 (US$ Thousands).
  3. Madagascar exported Titanium ores and concentrates , worth 106,961.19 (US$ Thousands).
  4. Madagascar exported Frozen shrimps and prawns , worth 86,461.85 (US$ Thousands).
  5. Madagascar exported Essential oils (incl. concretes and absolutes), , worth 70,227.77 (US$ Thousands).

The top five imported HS 6 digit level products from world by Madagascar along with trade value are

  1. Madagascar imported Petroleum oils, etc, (excl. crude); preparation , worth 366,437.67 (US$ Thousands).
  2. Madagascar imported Semi-milled or wholly milled rice , worth 154,853.79 (US$ Thousands).
  3. Madagascar imported Other medicaments of mixed or unmixed products, , worth 78,840.63 (US$ Thousands).
  4. Madagascar imported Crude palm oil , worth 60,125.47 (US$ Thousands).
  5. Madagascar imported Wheat or meslin flour , worth 58,297.76 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Madagascar in 2020 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 8.27 percent.
  • The trade weighted average tariff was 7.20 .
  • The total duty free imports in thousands of US dollars were 953,660.41 and duty free tariff line items share was 22.12 percent.

Development Indicators 2020

Key Development Indicators of Madagascar in 2020 are below

  • Madagascar GDP in current US dollar was 13,051 million.
  • GNI per capita, Atlas method (current US$) was 460.00 .
  • Madagascar Trade balance: as % of GDP was -8.73.
  • Trade balance in current US$ was -1,139.00 million.
  • Trade as percentage of GDP was 49.01 .
  • Trade in services as percentage of GDP was 11.57 .

Trade Indicators 2020

Trade Indicators for Madagascar in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 3.62.
  • World Growth in percentage was -3.75 and Madagascar Country Growth was -11.95 .