Madagascar trade statistics

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Exports, Imports, Products, Tariffs, GDP and related Development Indicator.

       

Country ISO3 : MDG Country Code : 450 Income Group : Low income Lending Category : IDA Region : Sub-Saharan Africa Currency Unit : Malagasy ariary WTO Member : Yes

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Product Exports and Imports

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Madagascar had a total export of 3,721,456.24 in thousands of US$ and total imports of 5,612,685.07 in thousands of US$ leading to a negative trade balance of -1,891,228.83 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Madagascar is 8.88% and the Most Favored Nation (MFN) Weighted Average tariff is 9.55%.The trade growth is 20.24% compared to a world growth of 5.18%. GDP of Madagascar is 14,954,967,604.41 in current US$. Madagascar services export is 1,141,938,240.83 in BoP, current US$ and services import is 1,524,006,534.23 in Bop, current US$.Madagascar exports of goods and services as percentage of GDP is 31.08% and imports of goods and services as percentage of GDP is 40.14%.

Madagascar Country Growth v/s World Growth v/s GDP Growth
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