Madagascar recorded a trade deficit of 309014 million MGA in March of 2020.
Balance of Trade in Madagascar averaged -260381.14 million MGA from 2008 until 2020, reaching an all time high of 177517 million MGA in December of 2018 and a record low of -772177 million MGA in June of 2016. This page provides - Madagascar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Balance of Trade - values, historical data and charts - was last updated on October of 2020.
Balance of Trade in Madagascar is expected to be -317270.00 million MGA by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Madagascar to stand at -317278.00 in 12 months time. In the long-term, the Madagascar Balance of Trade is projected to trend around -317269.00 million MGA in 2021, according to our econometric models.