Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
TOTAL. ALL COMMODITIES | Madagascar | World | Exports | Value (US$) | 1,224,513,561.00 | 1,626,888,977.00 | 2,243,189,647.00 | 2,164,461,193.00 | 2,260,326,098.08 | 2,851,663,745.81 | 3,125,038,219.94 | 2,692,040,605.60 | 2,018,921,552.91 | 2,788,376,340.52 | 3,521,118,471.35 | 3,282,849,543.54 |
Value Growth, YoY (%) | -2.79 | 32.86 | 37.88 | -3.50 | 4.42 | 26.16 | 9.58 | -13.85 | -25.00 | 38.11 | 26.27 | -6.76 | ||||
Imports | Value (US$) | 2,658,986,872.00 | 2,699,414,641.00 | 3,354,796,022.00 | 2,960,905,154.00 | 2,960,959,745.09 | 3,658,005,536.11 | 4,015,194,598.30 | 3,905,854,367.16 | 3,219,636,802.03 | 4,408,165,392.21 | 5,469,476,795.91 | 4,816,555,845.01 | |||
Value Growth, YoY (%) | -2.61 | 1.52 | 24.27 | -11.74 | 0.00 | 23.54 | 9.76 | -2.72 | -17.56 | 36.91 | 24.07 | -11.93 |
The value of merchandise exports from Madagascar totalled $ 3.28 billion in 2023. Overall commodity exports from Madagascar decreased by 6.76% compared to 2022. Merchandise exports decreased by $ 238 million (the value of merchandise exports from Madagascar amounted to $3.52 billion in 2022)
Top export destinations of commodities from Madagascar in 2023:
Madagascar's Top Exports in 2023:
The value of merchandise imports to Madagascar totalled $ 4.81 billion in 2023. Overall commodity imports to Madagascar decreased by 11.9% compared to 2022. Merchandise imports decreased by $ 652 million (the value of merchandise imports to Madagascar was equal to $5.46 billion in 2022)
Top trading partners (import sources) of Madagascar in 2023:
Madagascar's Top Imports in 2023: