Madagascar recorded a trade deficit of 396070 million MGA in June of 2022. source: Institut National de la Statistique de Madagascar

Balance of Trade in Madagascar averaged -288971.61 million MGA from 2008 until 2022, reaching an all time high of 177517 million MGA in December of 2018 and a record low of -834294 million MGA in October of 2021. 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 March of 2023.

Balance of Trade in Madagascar is expected to be -710000.00 million MGA by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Balance of Trade is projected to trend around -740000.00 million MGA in 2023 and -800000.00 million MGA in 2024, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Madagascar Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -396070.00 -663290.00 million MGA Jun 2022
Imports 1748674.00 2199478.00 million MGA Jun 2022
Exports 1352604.00 1536188.00 million MGA Jun 2022
Tourist Arrivals 4718.00 8302.00 Dec 2021

Madagascar Balance of Trade
Madagascar’s systemic trade deficit is due to the country’s dependency on the imports of fuel and capital equipment. Madagascar is a net exporter of graphite, coffee and vanilla. Main trading partners are: France, China and Indonesia.
Actual Previous Highest Lowest Dates Unit Frequency
-396070.00 -663290.00 177517.00 -834294.00 2008 - 2022 million MGA Monthly