Madagascar is the 125th largest export economy in the world. In 2016, Madagascar exported $6.19B and imported $7.92B, resulting in a negative trade balance of $1.73B. In 2016 the GDP of Madagascar was $10B and its GDP per capita was $1.51k.
The top exports of Madagascar are Vanilla ($545M), Raw Nickel ($423M), Cloves ($212M), Knit Sweaters ($181M) and Gold ($142M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($407M), Rice ($88.1M), Palm Oil ($86.5M), Light Pure Woven Cotton ($86.1M) and Delivery Trucks ($82.1M).
The top export destinations of Madagascar are France ($537M), the United States ($292M), Germany ($189M), China ($144M) and Japan ($115M). The top import origins are China ($942M), France ($355M), Mauritius ($160M), South Africa ($155M) and India ($147M).