Madagascar Major Trade Partners
Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. The first table below shows top trading partners of Madagascar in terms of export sales (selling), including France, United States, and Germany. The second lists top trade partners of Madagascar regarding import total (buying). That is, most products are imported from these countries to Madagascar.
Madagascar Major Exports
Market Value: 1,370 (millions) – Last Updated: June, 2024
| Rank | Country (Exports To) | Trade Value (thousands) | Share (%) | Growth (% 5yr) |
| 1 | France | 691,279 | 50.46 | 352.89 |
| 2 | United States | 347,254 | 25.35 | 295.02 |
| 3 | Germany | 97,221 | 7.10 | 636.31 |
| 4 | China | 44,383 | 3.24 | 385.21 |
| 5 | Italy | 29,070 | 2.12 | 129.44 |
| 6 | United Kingdom | 24,835 | 1.81 | 693.68 |
| 7 | Spain | 22,485 | 1.64 | 133.33 |
| 8 | Netherlands | 21,372 | 1.56 | 325.91 |
| 9 | Singapore | 19,729 | 1.44 | (17.52) |
| 10 | Belgium | 12,089 | 0.88 | 201.64 |
| 11 | South Africa | 11,439 | 0.84 | 604.63 |
| 12 | Canada | 9,091 | 0.66 | 3.04 |
| 13 | India | 6,277 | 0.46 | (0.78) |
| 14 | Seychelles | 5,720 | 0.42 | 834.73 |
| 15 | Mauritius | 4,835 | 0.35 | (80.26) |
| 16 | Hong Kong | 4,429 | 0.32 | (41.60) |
| 17 | Japan | 4,416 | 0.32 | (56.54) |
| 18 | Indonesia | 3,599 | 0.26 | 201.94 |
| 19 | Morocco | 2,410 | 0.18 | 55.62 |
| 20 | United Arab Emirates | 1,644 | 0.12 | 142.45 |
| 21 | Switzerland | 1,484 | 0.11 | 403.86 |
| 22 | Algeria | 1,282 | 0.09 | 167.78 |
| 23 | Vietnam | 1,276 | 0.09 | 340.54 |
| 24 | Greece | 1,211 | 0.09 | 84.56 |
| 25 | Comoros | 1,043 | 0.08 | (60.81) |
Madagascar Major Imports
Market Value: 2,196 (millions) – Last Updated: June, 2024
| Rank | Country (Imports From) | Trade Value (thousands) | Share (%) | Growth (% 5yr) |
| 1 | China | 611,412 | 27.84 | 394.48 |
| 2 | France | 205,913 | 9.38 | 11.59 |
| 3 | South Africa | 161,757 | 7.37 | 84.58 |
| 4 | India | 140,685 | 6.41 | 169.69 |
| 5 | United States | 138,728 | 6.32 | 259.81 |
| 6 | Germany | 120,385 | 5.48 | 140.26 |
| 7 | Japan | 99,296 | 4.52 | 94.42 |
| 8 | United Arab Emirates | 69,069 | 3.15 | 291.26 |
| 9 | Mauritius | 58,754 | 2.68 | 209.42 |
| 10 | Indonesia | 57,811 | 2.63 | 184.34 |
| 11 | Thailand | 53,516 | 2.44 | 74.62 |
| 12 | Saudi Arabia | 50,210 | 2.29 | 10.45 |
| 13 | Pakistan | 49,351 | 2.25 | 220.61 |
| 14 | South Korea | 49,018 | 2.23 | 216.32 |
| 15 | Belgium | 37,353 | 1.70 | (3.48) |
| 16 | Netherlands | 33,339 | 1.52 | 487.47 |
| 17 | Brazil | 27,768 | 1.26 | 202.23 |
| 18 | Malaysia | 22,793 | 1.04 | 7.39 |
| 19 | Sweden | 22,544 | 1.03 | 553.77 |
| 20 | United Kingdom | 18,373 | 0.84 | (4.62) |
| 21 | Turkey | 14,622 | 0.67 | 94.59 |
| 22 | Spain | 14,458 | 0.66 | 14.49 |
| 23 | Bulgaria | 14,355 | 0.65 | 15,972.68 |
| 24 | Swaziland | 14,207 | 0.65 | 92.89 |
| 25 | Finland | 11,574 | 0.53 | 6,367.92 |
| 26 | Vietnam | 11,550 | 0.53 | 410.27 |
| 27 | Seychelles | 10,846 | 0.49 | 20,303.32 |
| 28 | Italy | 10,712 | 0.49 | (51.90) |
| 29 | Russia | 9,547 | 0.43 | 1,177.17 |
| 30 | Switzerland | 8,461 | 0.39 | 165.09 |
| 31 | Lesotho | 6,969 | 0.32 | 1,329,897.14 |
| 32 | Philippines | 5,045 | 0.23 | 2,948.85 |
| 33 | Denmark | 5,020 | 0.23 | (20.04) |
| 34 | Singapore | 4,839 | 0.22 | (41.74) |
| 35 | Sri Lanka | 4,233 | 0.19 | 9,055.43 |
| 36 | Egypt | 3,940 | 0.18 | (74.63) |
