Overall Exports and Imports for Madagascar 2022
- The total value of exports (FOB) is US$ 3,721 million.
- The total value of imports (CIF) is US$ 5,613 million.
- At the HS6 digit level, 1,811 products are exported to 141 countries and 3,715 products are imported from 144 countries.
Top 5 Products exports 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:
- Madagascar exported Nickel unwrought, not alloyed , worth 910,826.69 (US$ Thousands).
- Madagascar exported Vanilla , worth 547,259.97 (US$ Thousands).
- Madagascar exported Cloves (whole fruit, cloves and stems) , worth 291,675.39 (US$ Thousands).
- Madagascar exported Cobalt,unwrought,matte and oth intermediate pro , worth 211,187.50 (US$ Thousands).
- 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
- Madagascar imported Petroleum oils, etc, (excl. crude); preparation , worth 991,675.03 (US$ Thousands).
- Madagascar imported Semi-milled or wholly milled rice , worth 311,671.31 (US$ Thousands).
- Madagascar imported Crude or unrefined sulphur , worth 152,167.24 (US$ Thousands).
- Madagascar imported Crude palm oil , worth 144,394.41 (US$ Thousands).
- Madagascar imported Bituminous coal, not agglomerated , worth 126,678.17 (US$ Thousands).
Madagascar top 5 Export and Import partners 2022
The top five countries to which Madagascar exported 2022 along with the partner share in percentage are:
- Madagascar exports to United States worth US$ 586 million, with a partner share of 15.75 percent.
- Madagascar exports to France worth US$ 575 million, with a partner share of 15.44 percent.
- Madagascar exports to China worth US$ 518 million, with a partner share of 13.92 percent.
- Madagascar exports to Japan worth US$ 444 million, with a partner share of 11.92 percent.
- Madagascar exports to Korea, Rep. worth US$ 157 million, with a partner share of 4.23 percent.
The top five countries to which Madagascar imported goods 2022 along with the share in percentage are
- Madagascar imports from China worth US$ 1,043 million, with a partner share of 18.58 percent.
- Madagascar imports from Oman worth US$ 713 million, with a partner share of 12.71 percent.
- Madagascar imports from India worth US$ 525 million, with a partner share of 9.35 percent.
- Madagascar imports from France worth US$ 507 million, with a partner share of 9.04 percent.
- Madagascar imports from South Africa worth US$ 330 million, with a partner share of 5.88 percent.
Madagascar 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.
- Madagascar Raw materials exports are worth US$ 726 million, product share of 19.51%.
- Madagascar Raw materials imports are worth US$ 482 million, product share of 8.58%.
- Madagascar Intermediate goods exports are worth US$ 1,244 million, product share of 33.43%.
- Madagascar Intermediate goods imports are worth US$ 1,837 million, product share of 32.73%.
- Madagascar Consumer goods exports are worth US$ 1,721 million, product share of 46.23%.
- Madagascar Consumer goods imports are worth US$ 2,455 million, product share of 43.75%.
- Madagascar Capital goods exports are worth US$ 27 million, product share of 0.74%.
- Madagascar Capital goods imports are worth US$ 809 million, product share of 14.41%.
Madagascar Trade Indicators 2022
- Hirschman Herfindahl Market concentration index is 0.09.
- Index of export market penetration is 0.09.
- World Growth in percentage is 0.09 and Madagascar Country Growth is 20.24.
Madagascar Service Trade data from WDI 2022
- Madagascar, Service imports (BoP, current US$) is 1,524,006,534.23.
- Madagascar, Service exports (BoP, current US$) is 1,141,938,240.83.
- Madagascar, Imports of goods and services as percentage of GDP is 40.14 %.
- Madagascar, Exports of goods and services as percentage of GDP is 31.08 %.