Overview: This page contains the latest international trade data for Madagascar, including service trade data, and tariffs. In 2018 Madagascar was the number 129 economy in the world in terms of GDP (current US$), the number 123 in total exports, the number 140 in total imports, and the number 123 most complex economy according to the Economic Complexity Index (ECI). In 2018, Madagascar exported $3.48B and imported $4.2B, resulting in a negative trade balance of -$724M. In 2018, Madagascar's exports per capita were $132 and its imports per capita were $160.
Trade: The top exports of Madagascar are Vanilla ($945M), Raw Nickel ($429M), Cobalt ($234M), Knit Sweaters ($159M), and Cloves ($158M). The top imports of Madagascar are Refined Petroleum ($568M), Rice ($211M), Palm Oil ($87.7M), Packaged Medicaments ($83.8M), and Petroleum Gas ($68.9M).
Destinations: Madagascar exports mostly to United States ($709M), France ($668M), Germany ($263M), Japan ($214M), and China ($152M), and imports mostly from China ($972M), France ($449M), United Arab Emirates ($431M), India ($242M), and South Africa ($227M).
Location: Madagascar borders Comoros, France, Mozambique, and Seychelles by sea.