Madagascar
Africa
Trade in Madagascar
| Madagascar was the world’s 132nd largest exporter of goods in 2022. Export values were $3.72 billion USD. Madagascar’s top export category was Fuels and mining products, followed by Agricultural products, and Manufactures. In 2022, Madagascar’s main export destination markets for goods and services trade were to France, United States and Germany, with trade representing 69.60 per cent of GDP. In terms of imports, Madagascar is the world’s 142nd largest importer of goods. Import values were $5.61 billion USD in 2022. Madagascar’s top import category was Manufactures, followed by Fuels and mining products and Agricultural products. Leading import partners were China, India and France. Madagascar is part of 2 different Regional Trade Agreements, including Common Market for Eastern and Southern Africa (COMESA) – Accession of Egypt and Common Market for Eastern and Southern Africa (COMESA) – Accession of Seychelles. |
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 |
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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, 2024
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