Madagascar is the 123rd largest export economy in the world. In 2016, Madagascar exported $2.83B and imported $2.9B, resulting in a negative trade balance of $70.9M. In 2016 the GDP of Madagascar was $10B and its GDP per capita was $1.51k.
The top exports of Madagascar are Vanilla ($531M), Raw Nickel ($394M), Cloves ($192M), Knit Sweaters ($170M) and Gold ($143M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($403M), Rice ($83.9M), Packaged Medicaments ($72.6M), Cars ($65.3M) and Delivery Trucks ($64.2M).
The top export destinations of Madagascar are France ($541M), the United States ($429M), Germany ($233M), China ($161M) and the United Arab Emirates ($157M). The top import origins are China ($654M), France ($243M), India ($190M), South Africa ($165M) and the United Arab Emirates ($163M).