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Madagascar

Madagascar Flag

AGOA Status: Madagascar is eligible for AGOA this year.

Trade Agreements: The U.S. and the Common Market for Eastern and Southern Africa (COMESA), which includes Madagascar, signed a Trade and Investment Framework Agreement (TIFA) in 2001.

U.S.-Madagascar Trade Facts

Madagascar is currently our 145th largest goods trading partner with $244 million in total (exports plus imports) goods trade during 2013. Goods exports totaled $64 million; Goods imports totaled $180 million. The U.S. goods trade deficit with Madagascar was $116 million in 2013.

Exports

Madagascar was the United States' 164th largest goods export market in 2013.

U.S. goods exports to Madagascar in 2013 were $64 million, down 0.3% from 2012.

The top export categories (2-digit HS) for 2013 were: Machinery ($35 million), Electrical Machinery ($5 million), Aircraft ($3 million), and Fats and Oils (soybean oil) ($3 million).

Imports

Madagascar was the United States' 112th largest supplier of goods imports in 2013.

U.S. goods imports from Madagascar totaled $180 million in 2013, a 63.6% increase from 2012.

The top import categories (2-digit HS) for 2013 were: Nickel ($50 million), Coffee ($50 million), Special Classification Provisions ($18 million).

Trade Balance

The U.S. goods trade deficit with Madagascar was $116million in 2013, a 153.8% increase from 2012.