Madagascar Trade

Overall Exports and Imports for Madagascar 2023

The total value of exports (FOB) is US$ 3,283 million.
The total value of imports (CIF) is US$ 4,817 million.
At the HS6 digit level, 1,750 products are exported to 136 countries and 3,653 products are imported from 140 countries.

Top 5 Products exports imports at HS 6 digit level 2023

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 823,433.96 (US$ Thousands).
Madagascar exported Vanilla , worth 271,656.52 (US$ Thousands).
Madagascar exported Cloves (whole fruit, cloves and stems) , worth 248,431.14 (US$ Thousands).
Madagascar exported Titanium ores and concentrates , worth 172,014.97 (US$ Thousands).
Madagascar exported Gold in oth semi-manufactured forms,non-monetar , worth 124,374.09 (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 901,722.05 (US$ Thousands).
Madagascar imported Semi-milled or wholly milled rice , worth 189,255.48 (US$ Thousands).
Madagascar imported Crude palm oil , worth 102,588.14 (US$ Thousands).
Madagascar imported Raw cane sugar, in solid form , worth 84,806.17 (US$ Thousands).
Madagascar imported Other medicaments of mixed or unmixed products, , worth 80,478.73 (US$ Thousands).

Madagascar top 5 Export and Import partners 2023

The top five countries to which Madagascar exported 2023 along with the partner share in percentage are:

Madagascar exports to France worth US$ 476 million, with a partner share of 14.49 percent.
Madagascar exports to United States worth US$ 413 million, with a partner share of 12.58 percent.
Madagascar exports to Japan worth US$ 271 million, with a partner share of 8.25 percent.
Madagascar exports to Korea, Rep. worth US$ 271 million, with a partner share of 8.24 percent.
Madagascar exports to China worth US$ 268 million, with a partner share of 8.15 percent.

The top five countries to which Madagascar imported goods 2023 along with the share in percentage are

Madagascar imports from China worth US$ 818 million, with a partner share of 16.99 percent.
Madagascar imports from Oman worth US$ 649 million, with a partner share of 13.47 percent.
Madagascar imports from France worth US$ 541 million, with a partner share of 11.23 percent.
Madagascar imports from India worth US$ 421 million, with a partner share of 8.73 percent.
Madagascar imports from South Africa worth US$ 267 million, with a partner share of 5.55 percent.

Madagascar Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.

Madagascar Raw materials exports are worth US$ 674 million, product share of 20.54%.
Madagascar Raw materials imports are worth US$ 301 million, product share of 6.25%.
Madagascar Intermediate goods exports are worth US$ 1,237 million, product share of 37.70%.
Madagascar Intermediate goods imports are worth US$ 1,521 million, product share of 31.58%.
Madagascar Consumer goods exports are worth US$ 1,336 million, product share of 40.71%.
Madagascar Consumer goods imports are worth US$ 2,132 million, product share of 44.27%.
Madagascar Capital goods exports are worth US$ 31 million, product share of 0.95%.
Madagascar Capital goods imports are worth US$ 847 million, product share of 17.59%.