Loading..

Madagascar Trade Summary

2021

Madagascar exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2021

Overall Exports and Imports for Madagascar 2021

Exports and imports of Madagascar in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,788 million.
  • The total value of imports (CIF) was 4,408 million.
  • At the HS6 digit level, 1,728 products were exported to 141 countries and 3,688 products were imported from 141 countries.

Madagascar top 5 Export and Import partners 2021

Top five countries to which Madagascar exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Madagascar exports to France worth US$ 536 million, with a partner share of 19.24 percent.
  2. Madagascar exports to United States worth US$ 506 million, with a partner share of 18.13 percent.
  3. Madagascar exports to China worth US$ 369 million, with a partner share of 13.24 percent.
  4. Madagascar exports to Japan worth US$ 243 million, with a partner share of 8.71 percent.
  5. Madagascar exports to Netherlands worth US$ 146 million, with a partner share of 5.23 percent.

Top five countries from which Madagascar imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Madagascar imports from China worth US$ 854 million, with a partner share of 19.36 percent.
  2. Madagascar imports from France worth US$ 451 million, with a partner share of 10.24 percent.
  3. Madagascar imports from Oman worth US$ 451 million, with a partner share of 10.23 percent.
  4. Madagascar imports from India worth US$ 365 million, with a partner share of 8.28 percent.
  5. Madagascar imports from United Arab Emirates worth US$ 260 million, with a partner share of 5.89 percent.

Madagascar Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Madagascar exported Vanilla , worth 618,688.21 (US$ Thousands).
  2. Madagascar exported Nickel unwrought, not alloyed , worth 513,711.96 (US$ Thousands).
  3. Madagascar exported Titanium ores and concentrates , worth 138,931.13 (US$ Thousands).
  4. Madagascar exported Cloves (whole fruit, cloves and stems) , worth 116,245.13 (US$ Thousands).
  5. Madagascar exported Cobalt,unwrought,matte and oth intermediate pro , worth 109,801.25 (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 601,684.66 (US$ Thousands).
  2. Madagascar imported Semi-milled or wholly milled rice , worth 259,180.57 (US$ Thousands).
  3. Madagascar imported Crude palm oil , worth 95,125.26 (US$ Thousands).
  4. Madagascar imported Cane or beet sugar, in solid form, nes , worth 87,229.38 (US$ Thousands).
  5. Madagascar imported Crude or unrefined sulphur , worth 82,565.55 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Madagascar in 2021 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 8.53 percent.
  • The trade weighted average tariff was 7.51 .
  • The total duty free imports in thousands of US dollars were 884,526.80 and duty free tariff line items share was 19.54 percent.

Development Indicators 2021

Key Development Indicators of Madagascar in 2021 are below

  • Madagascar GDP in current US dollar was 14,555 million.
  • GNI per capita, Atlas method (current US$) was 490.00 .
  • Madagascar Trade balance: as % of GDP was -8.91.
  • Trade balance in current US$ was -1,297.00 million.
  • Trade as percentage of GDP was 54.46 .
  • Trade in services as percentage of GDP was 12.00 .

Trade Indicators 2021

Trade Indicators for Madagascar in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 3.67.
  • World Growth in percentage was 12.50 and Madagascar Country Growth was 9.27 .