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Madagascar Trade Summary

2022

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 2022

Overall Exports and Imports for Madagascar 2022

Exports and imports of Madagascar in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,721 million.
  • The total value of imports (CIF) was 5,613 million.
  • At the HS6 digit level, 1,811 products were exported to 141 countries and 3,715 products were imported from 144 countries.

Madagascar top 5 Export and Import partners 2022

Top five countries to which Madagascar exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Madagascar exports to United States worth US$ 586 million, with a partner share of 15.75 percent.
  2. Madagascar exports to France worth US$ 575 million, with a partner share of 15.44 percent.
  3. Madagascar exports to China worth US$ 518 million, with a partner share of 13.92 percent.
  4. Madagascar exports to Japan worth US$ 444 million, with a partner share of 11.92 percent.
  5. Madagascar exports to Korea, Rep. worth US$ 157 million, with a partner share of 4.23 percent.

Top five countries from which Madagascar imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Madagascar imports from China worth US$ 1,043 million, with a partner share of 18.58 percent.
  2. Madagascar imports from Oman worth US$ 713 million, with a partner share of 12.71 percent.
  3. Madagascar imports from India worth US$ 525 million, with a partner share of 9.35 percent.
  4. Madagascar imports from France worth US$ 507 million, with a partner share of 9.04 percent.
  5. Madagascar imports from South Africa worth US$ 330 million, with a partner share of 5.88 percent.

Madagascar Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Madagascar exported Nickel unwrought, not alloyed , worth 910,826.69 (US$ Thousands).
  2. Madagascar exported Vanilla , worth 547,259.97 (US$ Thousands).
  3. Madagascar exported Cloves (whole fruit, cloves and stems) , worth 291,675.39 (US$ Thousands).
  4. Madagascar exported Cobalt,unwrought,matte and oth intermediate pro , worth 211,187.50 (US$ Thousands).
  5. Madagascar exported Titanium ores and concentrates , worth 138,082.09 (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 991,675.03 (US$ Thousands).
  2. Madagascar imported Semi-milled or wholly milled rice , worth 311,671.31 (US$ Thousands).
  3. Madagascar imported Crude or unrefined sulphur , worth 152,167.24 (US$ Thousands).
  4. Madagascar imported Crude palm oil , worth 144,394.41 (US$ Thousands).
  5. Madagascar imported Bituminous coal, not agglomerated , worth 126,678.17 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Madagascar in 2022 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 10 percent.
  • The trade weighted average tariff was 8.88 .
  • The total duty free imports in thousands of US dollars were 858,546.54 and duty free tariff line items share was 12.01 percent.

Development Indicators 2022

Key Development Indicators of Madagascar in 2022 are below

  • Madagascar GDP in current US dollar was 14,955 million.
  • GNI per capita, Atlas method (current US$) was 510.00 .
  • Madagascar Trade balance: as % of GDP was -9.06.
  • Trade balance in current US$ was -1,355.00 million.
  • Trade as percentage of GDP was 71.22 .
  • Trade in services as percentage of GDP was 17.83 .

Trade Indicators 2022

Trade Indicators for Madagascar in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 3.86.
  • World Growth in percentage was 5.18 and Madagascar Country Growth was 20.24 .