Madagascar Major Exports by Category and Value
Navigate Madagascar's export landscape with category-by-category analysis and key market insights
Nickel; unwrought, not
Main Exported Product
$3.3 b
Market Size
35.8 m Kg
Highest-Volume Exports
~17.61%
Market Growth Rate
Madagascar Export Market
AI Insight
Madagascar's export sector is on a strong 17.61% growth trajectory, primarily fueled by the mining and agricultural sectors. Unwrought nickel stands as the flagship export, while the country maintains its global standing in vanilla and cloves. Market dynamics are characterized by high-value mineral extraction and essential spice trade. France and the USA are the leading destinations, yet a substantial 33.9% combined share from Japan, South Korea, and China highlights the critical importance of East Asian industrial markets for Madagascar’s raw materials.
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Top 10 Exported Products
AI Insight
Nickel dominates Madagascar's export profile, generating $823.4 million in 2023. Agricultural staples like vanilla beans ($271.6M) and cloves ($248.4M) follow. High-volume industrial inputs like ilmenite and strategic minerals such as cobalt and gold highlight a resource-rich export base, while frozen shrimps and textiles provide additional diversification.
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Discover OpportunitiesLeading Destination Countries
France
United States
Japan
Korea, South
China
Netherlands
Turkey (Turkiye)
India
Canada
Indonesia
AI Insight
France remains the primary export destination with a 19.9% share, followed closely by the United States at 17.3%. The Asian market shows strong presence, with Japan, South Korea, and China each maintaining shares above 11%. This indicates a trade strategy balanced between traditional European partners and growing industrial demand in Asia.
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See Key BuyersExport Growth Performance
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View Growth InsightsAI Insight
The data reveals a robust growth rate of 17.61% for Madagascar's exports. This significant double-digit increase suggests strengthening global demand for the country's mineral and agricultural commodities, reflecting a positive trend in trade competitiveness and market expansion during the 2023 period.
Emerging Supply Markets
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AI Insight
No specific data regarding emerging market trends was provided in this dataset. Future reporting may be required to identify new or rapidly growing trade partners outside of the current top ten importers.
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Explore Emerging MarketsMadagascar Export Requirements
Before Shipment
Documentation Required
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View RequirementsMadagascar free trade agreements and preferential access markets.
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Explore FTAs- African Continental Free Trade Area (AfCFTA)
- Southern African Development Community (SADC)
- Common Market for Eastern and Southern Africa (COMESA)
- Indian Ocean Commission (IOC)
- EU-ESA Economic Partnership Agreement (EPA)
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