Overall Exports and Imports for Madagascar 2021
- The total value of exports (FOB) is US$ 2,788 million.
- The total value of imports (CIF) is US$ 4,408 million.
- At the HS6 digit level, 1,728 products are exported to 141 countries and 3,688 products are imported from 141 countries.
Top 5 Products exports 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:
- Madagascar exported Vanilla , worth US$ 618,688.21 million.
- Madagascar exported Nickel unwrought, not alloyed , worth US$ 513,711.96 million.
- Madagascar exported Titanium ores and concentrates , worth US$ 138,931.13 million.
- Madagascar exported Cloves (whole fruit, cloves and stems) , worth US$ 116,245.13 million.
- Madagascar exported Cobalt,unwrought,matte and oth intermediate pro , worth US$ 109,801.25 million.
The top five imported HS 6 digit level products from world by Madagascar along with trade value are
- Madagascar imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 601,684.66 million.
- Madagascar imported Semi-milled or wholly milled rice , worth US$ 259,180.57 million.
- Madagascar imported Crude palm oil , worth US$ 95,125.26 million.
- Madagascar imported Cane or beet sugar, in solid form, nes , worth US$ 87,229.38 million.
- Madagascar imported Crude or unrefined sulphur , worth US$ 82,565.55 million.
Madagascar top 5 Export and Import partners 2021
The top five countries to which Madagascar exported 2021 along with the partner share in percentage are:
- Madagascar exports to France worth US$ 536 million, with a partner share of 19.24 percent.
- Madagascar exports to United States worth US$ 506 million, with a partner share of 18.13 percent.
- Madagascar exports to China worth US$ 369 million, with a partner share of 13.24 percent.
- Madagascar exports to Japan worth US$ 243 million, with a partner share of 8.71 percent.
- Madagascar exports to Netherlands worth US$ 146 million, with a partner share of 5.23 percent.
The top five countries to which Madagascar imported goods 2021 along with the share in percentage are
- Madagascar imports from China worth US$ 854 million, with a partner share of 19.36 percent.
- Madagascar imports from France worth US$ 451 million, with a partner share of 10.24 percent.
- Madagascar imports from Oman worth US$ 451 million, with a partner share of 10.23 percent.
- Madagascar imports from India worth US$ 365 million, with a partner share of 8.28 percent.
- Madagascar imports from United Arab Emirates worth US$ 260 million, with a partner share of 5.89 percent.
Madagascar 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.
- Madagascar Raw materials exports are worth US$ 551 million, product share of 19.75%.
- Madagascar Raw materials imports are worth US$ 309 million, product share of 7.00%.
- Madagascar Intermediate goods exports are worth US$ 769 million, product share of 27.56%.
- Madagascar Intermediate goods imports are worth US$ 1,371 million, product share of 31.10%.
- Madagascar Consumer goods exports are worth US$ 1,442 million, product share of 51.72%.
- Madagascar Consumer goods imports are worth US$ 1,976 million, product share of 44.83%.
- Madagascar Capital goods exports are worth US$ 24 million, product share of 0.84%.
- Madagascar Capital goods imports are worth US$ 744 million, product share of 16.88%.
Madagascar Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.10.
- Index of export market penetration is 0.10.
- World Growth in percentage is 0.10 and Madagascar Country Growth is 9.52.
Madagascar Service Trade data from WDI 2021
- Madagascar, Service imports (BoP, current US$) is 1,092,032,654.53.
- Madagascar, Service exports (BoP, current US$) is 654,219,361.47.
- Madagascar, Imports of goods and services as percentage of GDP is 31.68 %.
- Madagascar, Exports of goods and services as percentage of GDP is 22.77 %.