Madagascar (MDG)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports

$2.56B

Imports

$4.80B

Total trade

$7.36B

Trade balance

-$2.25B

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Madagascar - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.

Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade

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Showing top 10 partners by total dependency.

Rank #1

China (CHN)

Total

19.8%

Exports

10.5%

$268.33M

Imports

24.7%

$1.19B

Total

19.8%

$1.46B

Rank #2

France (FRA)

Total

10.1%

Exports

17.7%

$453.70M

Imports

6.1%

$291.12M

Total

10.1%

$744.82M

Rank #3

Oman (OMN)

Total

8.9%

Exports

0.0%

Imports

13.6%

$652.73M

Total

8.9%

$652.73M

Rank #4

USA (USA)

Total

6.6%

Exports

15.4%

$395.05M

Imports

1.9%

$91.89M

Total

6.6%

$486.94M

Rank #5

India (IND)

Total

5.8%

Exports

6.3%

$160.38M

Imports

5.5%

$266.34M

Total

5.8%

$426.72M

Rank #6

South Africa (ZAF)

Total

4.1%

Exports

3.7%

$94.53M

Imports

4.3%

$205.57M

Total

4.1%

$300.10M

Rank #7

Rep. of Korea (KOR)

Total

3.2%

Exports

7.2%

$184.31M

Imports

1.1%

$54.10M

Total

3.2%

$238.41M

Rank #8

Japan (JPN)

Total

3.2%

Exports

6.9%

$176.55M

Imports

1.3%

$61.79M

Total

3.2%

$238.33M

Rank #9

United Arab Emirates (ARE)

Total

3.2%

Exports

1.3%

$32.03M

Imports

4.2%

$203.54M

Total

3.2%

$235.57M

Rank #10

Pakistan (PAK)

Total

2.9%

Exports

0.0%

Imports

4.4%

$211.50M

Total

2.9%

$211.50M

Rank	Partner	Export dependency	Import dependency	Total dependency
1	China (CHN)	10.5% $268.33M	24.7% $1.19B	19.8% $1.46B
2	France (FRA)	17.7% $453.70M	6.1% $291.12M	10.1% $744.82M
3	Oman (OMN)	0.0% $0	13.6% $652.73M	8.9% $652.73M
4	USA (USA)	15.4% $395.05M	1.9% $91.89M	6.6% $486.94M
5	India (IND)	6.3% $160.38M	5.5% $266.34M	5.8% $426.72M
6	South Africa (ZAF)	3.7% $94.53M	4.3% $205.57M	4.1% $300.10M
7	Rep. of Korea (KOR)	7.2% $184.31M	1.1% $54.10M	3.2% $238.41M
8	Japan (JPN)	6.9% $176.55M	1.3% $61.79M	3.2% $238.33M
9	United Arab Emirates (ARE)	1.3% $32.03M	4.2% $203.54M	3.2% $235.57M
10	Pakistan (PAK)	0.0% $0	4.4% $211.50M	2.9% $211.50M

Generated by TradeVedia.comSource: UN Comtrade

In 2024, Madagascar's total trade activity amounted to $7.4B, comprising $2.6B in exports and $4.8B in imports, resulting in a trade balance of -$2.2B.
The country ranked 108th globally for total trade, with exports ranking 105th and imports 109th.
The leading export categories were Nickel and articles thereof ($463.5M) and Coffee, tea, mate and spices ($447.5M).
Top import categories included Mineral fuels, mineral oils and products ($905.4M) and Machinery and mechanical appliances ($352.3M).
Key trading partners for exports were France ($453.7M) and the United States ($395.0M), while China was the largest source of imports at $1.2B.

Exports Profile for 2024

In 2024, Madagascar's exports totaled $2.6B. The country's most significant export was Nickel and articles thereof, accounting for $463.5M, or 18.1% of total exports. This was closely followed by Coffee, tea, mate and spices, which brought in $447.5M. Madagascar's primary export destinations were France, which received goods valued at $453.7M (17.7%), and the United States, with exports amounting to $395.0M (15.4%).

Imports Profile for 2024

Madagascar's imports for 2024 were valued at $4.8B. The leading import category was Mineral fuels, mineral oils and products of their distillation, with a total value of $905.4M, representing 18.8% of all imports. The top source for imported goods was China, providing $1.2B, which is 24.7% of Madagascar's total imports. Oman was the second-largest supplier, with imports valued at $652.7M.

Exports

Madagascar - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.

Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 75

Nickel and articles thereof

$463.48M

18.1% share

#2 • HS 09

Coffee, tea, mate and spices

$447.49M

17.5% share

#3 • HS 62

Apparel and clothing accessories; not knitted or crocheted

$273.71M

10.7% share

#4 • HS 26

Ores, slag and ash

$238.64M

9.3% share

#5 • HS 61

Apparel and clothing accessories; knitted or crocheted

$220.75M

8.6% share

#6 • HS 03

Fish and crustaceans, molluscs and other aquatic invertebrates

$103.92M

4.1% share

#7 • HS 71

Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

$88.21M

3.4% share

#8 • HS 25

Salt; sulphur; earths, stone; plastering materials, lime and cement

$76.47M

3.0% share

#9 • HS 18

Cocoa and cocoa preparations

$75.02M

2.9% share

#10 • HS 33

Essential oils and resinoids; perfumery, cosmetic or toilet preparations

$74.90M

2.9% share

#11 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$65.21M

2.6% share

#12 • HS 81

Metals; n.e.c., cermets and articles thereof

$61.09M

2.4% share

#13 • HS 20

Preparations of vegetables, fruit, nuts or other parts of plants

$37.47M

1.5% share

#14 • HS 07

Vegetables and certain roots and tubers; edible

$37.28M

1.5% share

#15 • HS 46

Manufactures of straw, esparto or other plaiting materials; basketware and wickerwork

$35.39M

1.4% share

Rank	Category	Value	Share
1	Nickel and articles thereof	$463.48M	18.1%
2	Coffee, tea, mate and spices	$447.49M	17.5%
3	Apparel and clothing accessories; not knitted or crocheted	$273.71M	10.7%
4	Ores, slag and ash	$238.64M	9.3%
5	Apparel and clothing accessories; knitted or crocheted	$220.75M	8.6%
6	Fish and crustaceans, molluscs and other aquatic invertebrates	$103.92M	4.1%
7	Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	$88.21M	3.4%
8	Salt; sulphur; earths, stone; plastering materials, lime and cement	$76.47M	3.0%
9	Cocoa and cocoa preparations	$75.02M	2.9%
10	Essential oils and resinoids; perfumery, cosmetic or toilet preparations	$74.90M	2.9%
11	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$65.21M	2.6%
12	Metals; n.e.c., cermets and articles thereof	$61.09M	2.4%
13	Preparations of vegetables, fruit, nuts or other parts of plants	$37.47M	1.5%
14	Vegetables and certain roots and tubers; edible	$37.28M	1.5%
15	Manufactures of straw, esparto or other plaiting materials; basketware and wickerwork	$35.39M	1.4%

Labels hide HS codes by default — hover a category to reveal the code.

Madagascar - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Madagascar - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Imports

Madagascar - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.

Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$905.43M

18.8% share

#2 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$352.34M

7.3% share

#3 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$301.38M

6.3% share

#4 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$282.76M

5.9% share

#5 • HS 10

Cereals

$224.18M

4.7% share

#6 • HS 15

Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes

$215.84M

4.5% share

#7 • HS 30

Pharmaceutical products

$192.54M

4.0% share

#8 • HS 39

Plastics and articles thereof

$156.20M

3.3% share

#9 • HS 60

Fabrics; knitted or crocheted

$145.98M

3.0% share

#10 • HS 25

Salt; sulphur; earths, stone; plastering materials, lime and cement

$143.95M

3.0% share

#11 • HS 17

Sugars and sugar confectionery

$129.45M

2.7% share

#12 • HS 63

Textiles, made up articles; sets; worn clothing and worn textile articles; rags

$128.26M

2.7% share

#13 • HS 52

Cotton

$127.51M

2.7% share

#14 • HS 72

Iron and steel

$111.19M

2.3% share

#15 • HS 11

Products of the milling industry; malt, starches, inulin, wheat gluten

$86.09M

1.8% share

Rank	Category	Value	Share
1	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$905.43M	18.8%
2	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$352.34M	7.3%
3	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$301.38M	6.3%
4	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$282.76M	5.9%
5	Cereals	$224.18M	4.7%
6	Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	$215.84M	4.5%
7	Pharmaceutical products	$192.54M	4.0%
8	Plastics and articles thereof	$156.20M	3.3%
9	Fabrics; knitted or crocheted	$145.98M	3.0%
10	Salt; sulphur; earths, stone; plastering materials, lime and cement	$143.95M	3.0%
11	Sugars and sugar confectionery	$129.45M	2.7%
12	Textiles, made up articles; sets; worn clothing and worn textile articles; rags	$128.26M	2.7%
13	Cotton	$127.51M	2.7%
14	Iron and steel	$111.19M	2.3%
15	Products of the milling industry; malt, starches, inulin, wheat gluten	$86.09M	1.8%

Labels hide HS codes by default — hover a category to reveal the code.

Madagascar - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Madagascar - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade