The statistic shows Madagascar's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Madagascar's trade deficit amounted to around **** billion U.S. dollars.
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Madagascar: Trade balance, billion USD: The latest value from 2022 is -1.35 billion U.S. dollars, an increase from -1.41 billion U.S. dollars in 2021. In comparison, the world average is 3.78 billion U.S. dollars, based on data from 168 countries. Historically, the average for Madagascar from 1974 to 2022 is -0.52 billion U.S. dollars. The minimum value, -2.09 billion U.S. dollars, was reached in 2008 while the maximum of -0.06 billion U.S. dollars was recorded in 1976.
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Madagascar's total Exports in 2023 were valued at US$3.28 Billion, according to the United Nations COMTRADE database on international trade. Madagascar's main export partners were: France, the United States and Japan. The top three export commodities were: Nickel; Coffee, tea, mate and spices and Articles of apparel, knit or crocheted. Total Imports were valued at US$4.82 Billion. In 2023, Madagascar had a trade deficit of US$1.53 Billion.
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Madagascar's total Imports in 2023 were valued at US$4.82 Billion, according to the United Nations COMTRADE database on international trade. Madagascar's main import partners were: China, Oman and France. The top three import commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Exports were valued at US$3.28 Billion. In 2023, Madagascar had a trade deficit of US$1.53 Billion.
In 2023, the trade deficit of services in Madagascar amounted to about 0.04 billion U.S. dollars. A positive value means a trade surplus, a negative trade balance means a trade deficit.
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MG: Trade Balance: Advanced Economies: United States data was reported at 162.523 USD mn in Mar 2018. This records an increase from the previous number of 96.543 USD mn for Dec 2017. MG: Trade Balance: Advanced Economies: United States data is updated quarterly, averaging 5.038 USD mn from Mar 1960 (Median) to Mar 2018, with 224 observations. The data reached an all-time high of 162.523 USD mn in Mar 2018 and a record low of -41.645 USD mn in Dec 1979. MG: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Madagascar – Table MG.IMF.DOT: Trade Balance: by Country: Quarterly.
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United States US: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar data was reported at -102.501 USD mn in May 2018. This records a decrease from the previous number of -67.911 USD mn for Apr 2018. United States US: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar data is updated monthly, averaging -4.000 USD mn from Feb 1960 (Median) to May 2018, with 688 observations. The data reached an all-time high of 45.600 USD mn in Jan 1979 and a record low of -102.501 USD mn in May 2018. United States US: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.
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Madagascar MG: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data was reported at -0.001 USD mn in 2015. This records a decrease from the previous number of -0.000 USD mn for 2012. Madagascar MG: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data is updated yearly, averaging -0.000 USD mn from Dec 1993 (Median) to 2015, with 3 observations. The data reached an all-time high of 0.010 USD mn in 1993 and a record low of -0.001 USD mn in 2015. Madagascar MG: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Madagascar – Table MG.IMF.DOT: Trade Balance: by Country: Annual.
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Madagascar MG: Trade Balance: Advanced Economies: United States data was reported at 66.863 USD mn in May 2018. This records an increase from the previous number of 8.768 USD mn for Apr 2018. Madagascar MG: Trade Balance: Advanced Economies: United States data is updated monthly, averaging 1.831 USD mn from Jan 1960 (Median) to May 2018, with 667 observations. The data reached an all-time high of 66.863 USD mn in May 2018 and a record low of -53.934 USD mn in Feb 2009. Madagascar MG: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Madagascar – Table MG.IMF.DOT: Trade Balance: by Country: Monthly.
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Madagascar MG: Trade Balance: Advanced Economies: United States data was reported at 375.571 USD mn in 2017. This records an increase from the previous number of 188.642 USD mn for 2016. Madagascar MG: Trade Balance: Advanced Economies: United States data is updated yearly, averaging 16.561 USD mn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 375.571 USD mn in 2017 and a record low of -102.578 USD mn in 2010. Madagascar MG: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Madagascar – Table MG.IMF.DOT: Trade Balance: by Country: Annual.
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美国 US: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar在2018-03达-269.272 美元 百万,相较于2017-12的-176.047 美元 百万有所下降。美国 US: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar数据按季度更新,1960-03至2018-03期间平均值为-12.200 美元 百万,共233份观测结果。该数据的历史最高值出现于1979-03,达28.300 美元 百万,而历史最低值则出现于2018-03,为-269.272 美元 百万。CEIC提供的美国 US: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar数据处于定期更新的状态,数据来源于International Monetary Fund,数据归类于Global Database的USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly。
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Madagascar MG: BOP: Current Account: Trade in Services: % of GDP data was reported at 22.573 % in 2016. This records an increase from the previous number of 21.702 % for 2015. Madagascar MG: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 17.908 % from Dec 1974 (Median) to 2016, with 43 observations. The data reached an all-time high of 32.135 % in 2007 and a record low of 6.192 % in 1983. Madagascar MG: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
KAV 7199 cover memo. Visit https://dataone.org/datasets/sha256%3A56ff4ce6921ca105a0be35124ea1d53800dd7472316688d6d218ef57168eb621 for complete metadata about this dataset.
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Madagascar MG: BOP: Current Account: Net Trade: Goods data was reported at -266.236 USD mn in 2016. This records an increase from the previous number of -327.702 USD mn for 2015. Madagascar MG: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging -178.891 USD mn from Dec 1974 (Median) to 2016, with 43 observations. The data reached an all-time high of 38.913 USD mn in 1977 and a record low of -1.899 USD bn in 2008. Madagascar MG: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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MG: Trade Balance: Advanced Economies: United States在2018-03达162.523 美元 百万,相较于2017-12的96.543 美元 百万有所增长。MG: Trade Balance: Advanced Economies: United States数据按季度更新,1960-03至2018-03期间平均值为5.038 美元 百万,共224份观测结果。该数据的历史最高值出现于2018-03,达162.523 美元 百万,而历史最低值则出现于1979-12,为-41.645 美元 百万。CEIC提供的MG: Trade Balance: Advanced Economies: United States数据处于定期更新的状态,数据来源于International Monetary Fund,数据归类于Global Database的马达加斯加 – Table MG.IMF.DOT: Trade Balance: by Country: Quarterly。
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Madagascar MG: Imports: Goods data was reported at 3.960 USD bn in 2017. This records an increase from the previous number of 2.855 USD bn for 2016. Madagascar MG: Imports: Goods data is updated yearly, averaging 492.500 USD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3.960 USD bn in 2017 and a record low of 103.426 USD mn in 1961. Madagascar MG: Imports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: Imports. Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars.; ; World Trade Organization.; Gap-filled total;
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MG: Trade Balance: Advanced Economies: United States在2018-05达66.863 美元 百万,相较于2018-04的8.768 美元 百万有所增长。MG: Trade Balance: Advanced Economies: United States数据按月度更新,1960-01至2018-05期间平均值为1.831 美元 百万,共667份观测结果。该数据的历史最高值出现于2018-05,达66.863 美元 百万,而历史最低值则出现于2009-02,为-53.934 美元 百万。CEIC提供的MG: Trade Balance: Advanced Economies: United States数据处于定期更新的状态,数据来源于International Monetary Fund,数据归类于Global Database的马达加斯加 – Table MG.IMF.DOT: Trade Balance: by Country: Monthly。
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Madagascar MG: Exports: Goods data was reported at 2.346 USD bn in 2017. This records an increase from the previous number of 2.325 USD bn for 2016. Madagascar MG: Exports: Goods data is updated yearly, averaging 335.000 USD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 2.346 USD bn in 2017 and a record low of 74.883 USD mn in 1960. Madagascar MG: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank.WDI: Exports. Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.; ; World Trade Organization.; Gap-filled total;
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MG: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa在2015-12达-0.000 美元 百万,相较于2015-09的-0.000 美元 百万有所下降。MG: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa数据按季度更新,1993-03至2015-12期间平均值为-0.000 美元 百万,共12份观测结果。该数据的历史最高值出现于1993-12,达0.002 美元 百万,而历史最低值则出现于2015-12,为-0.000 美元 百万。CEIC提供的MG: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa数据处于定期更新的状态,数据来源于International Monetary Fund,数据归类于Global Database的马达加斯加 – Table MG.IMF.DOT: Trade Balance: by Country: Quarterly。
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External balance on goods and services (current US$) in Madagascar was reported at --1345125479 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Madagascar - External balance on goods and services - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The statistic shows Madagascar's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Madagascar's trade deficit amounted to around **** billion U.S. dollars.