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Geographical trade map outline of Madagascar
National flag of MadagascarMG

Madagascar Africa

International Trade Statistics & Market Analysis • 2024

Imports

2024
Total Value$4.3B
Top Imports From
China
Top ProductSemi-milled or wholly milled rice

Exports

2024
Total Value$2.9B
Top Exports To
Other
Top ProductNickel unwrought, not alloyed
Overview
Buyers
Suppliers
Bill of Lading Data
All Products

Countries Madagascar Imports From

CountryValueShare
ChinaChina
$1,364,537,370
31.9%
Other
$775,450,030
18.1%
FranceFrance
$413,709,640
9.7%
IndiaIndia
$235,638,150
5.5%
South AfricaSouth Africa
$228,747,380
5.3%
MauritiusMauritius
$175,211,370
4.1%
MalaysiaMalaysia
$169,325,550
4%
PakistanPakistan
$150,512,030
3.5%
BelgiumBelgium
$59,871,570
1.4%
GermanyGermany
$57,194,230
1.3%
TurkeyTurkey
$55,102,190
1.3%
IndonesiaIndonesia
$48,749,120
1.1%
ItalyItaly
$46,197,900
1.1%
EgyptEgypt
$41,992,730
1%
South KoreaSouth Korea
$38,484,150
0.9%
NetherlandsNetherlands
$37,308,290
0.9%
United StatesUnited States
$37,242,600
0.9%
SpainSpain
$37,029,720
0.9%
BrazilBrazil
$29,770,400
0.7%
ThailandThailand
$28,659,870
0.7%
Total$4,278,327,620

Geographical Sourcing & Origin AnalysisOrigins

This dataset identifies the primary nations supplying Madagascar. In 2024 the total import value reached$4,278,327,620.China emerged as the leading supplier, contributing31.9%to the sourcing mix across all 97 origins.

Products Madagascar Imports

HS CodeProductValueShare
Visual category for product Semi-milled or wholly milled rice100630Semi-milled or wholly milled rice$143,504,120
3.8%
Visual category for product Crude palm oil151110Crude palm oil$121,076,430
3.2%
Visual category for product Other medicaments of mixed or unmixed products,300490Other medicaments of mixed or unmixed products,$96,257,090
2.5%
Visual category for product Raw cane sugar, in solid form170111Raw cane sugar, in solid form$90,831,360
2.4%
Visual category for product Portland cement (excl. white)252329Portland cement (excl. white)$81,764,270
2.2%
Visual category for product Spelt, common wheat and meslin100190Spelt, common wheat and meslin$78,282,330
2.1%
Visual category for product Crude soya-bean oil150710Crude soya-bean oil$62,881,010
1.7%
Visual category for product Weft knits or crocheted fabrics of man-made fib600293Weft knits or crocheted fabrics of man-made fib$62,460,790
1.7%
Visual category for product Diesel powered trucks with a GVW not exceeding870421Diesel powered trucks with a GVW not exceeding$62,206,740
1.6%
Visual category for product Weft knits or crocheted fabrics of cotton600292Weft knits or crocheted fabrics of cotton$62,050,170
1.6%
Visual category for product Bituminous coal, not agglomerated270112Bituminous coal, not agglomerated$50,266,420
1.3%
Visual category for product Teleferics,chair-lifts,ski-draglines; traction842860Teleferics,chair-lifts,ski-draglines; traction$50,043,980
1.3%
Visual category for product Photosensitive semiconductor devices,photovolta854140Photosensitive semiconductor devices,photovolta$48,015,530
1.3%
Visual category for product Other preparations of a kind used in animal fee230990Other preparations of a kind used in animal fee$46,971,810
1.2%
Visual category for product Transmission apparatus, for radioteleph incorpo852520Transmission apparatus, for radioteleph incorpo$38,265,830
1%
Visual category for product Woven fabrics of combed wool, mixed with man-ma511220Woven fabrics of combed wool, mixed with man-ma$36,438,430
1%
Visual category for product Crude or unrefined sulphur250310Crude or unrefined sulphur$35,507,240
0.9%
Visual category for product Vaccines for human medicine300220Vaccines for human medicine$34,868,580
0.9%
Visual category for product Cane or beet sugar, in solid form, nes170199Cane or beet sugar, in solid form, nes$32,956,300
0.9%
Visual category for product Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et721420Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et$31,124,790
0.8%
Total$3,784,599,230

Product Category BreakdownImports

Classified by HS Codes, these statistics reveal the industrial components commodities entering Madagascar. The most significant import category is Semi-milled or wholly milled rice representing a 3.8% share of the 3446 major product groups tracked in our database.

Countries Madagascar Exports To

CountryValueShare
Other
$735,025,200
25.2%
United StatesUnited States
$506,092,620
17.4%
FranceFrance
$370,940,680
12.7%
South AfricaSouth Africa
$171,480,030
5.9%
JapanJapan
$165,971,980
5.7%
ChinaChina
$144,817,560
5%
South KoreaSouth Korea
$114,332,260
3.9%
IndiaIndia
$94,682,360
3.3%
GermanyGermany
$92,177,920
3.2%
ThailandThailand
$51,962,460
1.8%
ItalyItaly
$39,735,710
1.4%
United KingdomUnited Kingdom
$36,645,510
1.3%
SeychellesSeychelles
$35,175,920
1.2%
IndonesiaIndonesia
$31,823,810
1.1%
SwitzerlandSwitzerland
$31,021,230
1.1%
SpainSpain
$22,477,500
0.8%
NetherlandsNetherlands
$21,700,800
0.7%
TurkeyTurkey
$18,297,020
0.6%
CanadaCanada
$17,789,350
0.6%
MauritiusMauritius
$15,413,790
0.5%
Total$2,912,214,430

Global Destination MarketsTrade Routes

An analysis of Madagascar export footprint, which saw a total outbound value of$2,912,214,430 in 2024.various destinations remains the primary bilateral partner, accounting for25.2% of outbound supply channels.

Products Madagascar Exports

HS CodeProductValueShare
Visual category for product Nickel unwrought, not alloyed750210Nickel unwrought, not alloyed$482,004,450
26.3%
Visual category for product Men's or boys' trousers, breeches, etc, of cott620342Men's or boys' trousers, breeches, etc, of cott$86,661,280
4.7%
Visual category for product Essential oils (incl. concretes and absolutes),330129Essential oils (incl. concretes and absolutes),$73,946,470
4%
Visual category for product Frozen shrimps and prawns030613Frozen shrimps and prawns$69,686,570
3.8%
Visual category for product Cobalt,unwrought,matte and oth intermediate pro810510Cobalt,unwrought,matte and oth intermediate pro$60,598,350
3.3%
Visual category for product Prec or semi-prec stones (o/t diamonds) unwkd o710310Prec or semi-prec stones (o/t diamonds) unwkd o$49,626,110
2.7%
Visual category for product Jerseys, pullovers, etc, of wool..., knitted or611010Jerseys, pullovers, etc, of wool..., knitted or$42,697,110
2.3%
Visual category for product Natural graphite in powder or in flakes250410Natural graphite in powder or in flakes$36,120,310
2%
Visual category for product Precious or semi-precious stones nes further wk710399Precious or semi-precious stones nes further wk$36,115,040
2%
Visual category for product T-shirts, singlets and other vests, of cotton,610910T-shirts, singlets and other vests, of cotton,$33,165,310
1.8%
Visual category for product Crude mica and mica rifted into sheets or split252510Crude mica and mica rifted into sheets or split$30,514,080
1.7%
Visual category for product Beans, unshelled, preserved other than by vineg200559Beans, unshelled, preserved other than by vineg$30,466,690
1.7%
Visual category for product Coffee, not roasted or decaffeinated090111Coffee, not roasted or decaffeinated$29,916,450
1.6%
Visual category for product Articles of vegetable plaiting materials, artic460210Articles of vegetable plaiting materials, artic$29,900,280
1.6%
Visual category for product Zirconium ores and concentrates261510Zirconium ores and concentrates$28,844,560
1.6%
Visual category for product Men's or boys' trousers, breeches of synthetic620343Men's or boys' trousers, breeches of synthetic$27,209,660
1.5%
Visual category for product Men's or boys' shirts of man-made fibres, knitt610520Men's or boys' shirts of man-made fibres, knitt$27,092,190
1.5%
Visual category for product Men's or boys' shirts of cotton620520Men's or boys' shirts of cotton$26,321,130
1.4%
Visual category for product Dried beans, shelled, nes071339Dried beans, shelled, nes$22,582,570
1.2%
Visual category for product Jerseys, pullovers, etc, of cotton, knitted or611020Jerseys, pullovers, etc, of cotton, knitted or$21,422,820
1.2%
Total$1,830,300,730

Production & Manufacturing OutputExports

Identify Madagascar top-performing manufacturing strengths. The dominant export sector is Nickel unwrought, not alloyed which contributes26.3% to the nation's overall output across1471 active export sectors.

Madagascar Trade Performance Analysis

Economic Indicators & Market Flow • 2024

ID: MG-2024-STAT

Based on 2024 trade records,Madagascar maintains a robust commercial profile within Africa. The nation's trade architecture is heavily influenced by its export strength toglobal partners, which represents 25.2% of its outbound market share across 120 destinations.

On the supply side, Madagascar's industrial and consumer demand is largely met by imports from China, which accounts for approximately31.9% of its 97 trade origins. The integration of Semi-milled or wholly milled rice into the local economy highlights a strategic dependency on specific global value chains, representing 3.8% of total imports across 3446 commodities.

The primary export for Madagascar is Nickel unwrought, not alloyed, which accounts for roughly 26.3% of overall exports across 1471 product categories.

Market Dominance In Imports

31.9%from China

Primary Import

HS-100630

Semi-milled or wholly milled rice

Market Dominance In Exports

25.2%to Partners

Primary Export

HS-750210

Nickel unwrought, not alloyed

Bilateral Integration

Madagascar integration accounts for $7,190,542,050 annual value.

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Get verified buyer & supplier lists, contact details, shipment records, and market intelligence for Madagascar.

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