Madagascar
Africa
Trade in Madagascar
Madagascar was the world’s 121st largest exporter of goods and 110th largest exporter of commercial services in 2021. Export values were $2,726 and $562 million USD respectively. Madagascar’s top export category was agricultural products, followed by fuels and mining products, and manufactures. In 2020, Madagascar’s main export destination markets for goods and services trade were to France, the United States and Germany, with trade representing 49.01 per cent of GDP. In terms of imports, Madagascar’s import values were $4,408 and $934 million USD respectively in 2021. Madagascar’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were China, India and France. Madagascar is part of 2 different Regional Trade Agreements, such as Common Market for Eastern and Southern Africa and EU – Eastern and Southern Africa States. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Republic of Madagascar |
Abbreviation |
MG |
Capital |
Antananarivo |
WTO Membership Date |
17 November 1995 |
Legal System |
civil law system based on the old French civil code and customary law in matters of marriage, family, and obligation |
Language |
Malagasy, French |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Malagasy ariary |
Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2023
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