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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, 2019

Madagascar Major Exports

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, 2019

Madagascar Major Imports

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)

 

Read more:

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