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Madagascar foreign trade

The exports, imports and trade balance published by the customs directorate: the monthly series, the product groups, the partner blocs and the customs revenue.

In December 2025, Madagascar exported 1,098.2 billion ariary of goods and imported 1,780.5 billion: a trade balance of -682.3 billion ariary, with exports covering 61.7 % of imports. Over 2025, customs revenue reached 3,996.0 billion ariary, a +5.3 % change year on year. Source: Direction générale des douanes, provisional monthly figures.

Exports, December 2025

1,098.2 bn Ar

That is 245 million US dollars FOB, as converted by the source.

Imports, December 2025

1,780.5 bn Ar

That is 398 million US dollars CIF, as converted by the source.

Stileex indicator

Trade balance, December 2025

-682.3 bn Ar

Exports cover 61.7 % of the month's imports.

Exports and imports, month by month

Total monthly values in billions of ariary, as published by the DGD. Provisional figures, revised by later editions. The gap between the two lines is the trade balance.

See the monthly table
Month Exports Imports Balance
January 2025 978.5 2,464.3 -1,485.8
February 2025 937.9 2,067.5 -1,129.6
March 2025 757.6 1,908.3 -1,150.7
April 2025 786.6 1,769.0 -982.4
May 2025 894.9 1,841.6 -946.7
June 2025 962.1 1,747.4 -785.3
July 2025 1,119.8 1,796.5 -676.8
August 2025 815.8 1,773.4 -957.6
September 2025 877.7 2,005.9 -1,128.2
October 2025 1,072.0 2,349.5 -1,277.5
November 2025 937.9 2,134.8 -1,196.9
December 2025 1,098.2 1,780.5 -682.3

Values in billions of ariary.

The December 2025 split by product group

The product groups, by value, as published by the DGD. Shares are computed over the month's published total.

Exports by product group

Group bn Ar Share
CEREALES_EPICES_FRUITS_LEGUMES 352.3 32.1 %
NICKEL_COBALT 206.2 18.8 %
TEXTILE 200.7 18.3 %
PRODUITS MINERAUX 90.9 8.3 %
AUTRES 83.3 7.6 %
PRODUITS DES INDUSTRIES ALIMENTAIRES 67.4 6.1 %
HUILES ESSENTIELLES 51.0 4.6 %
FRUITS DE MER 46.5 4.2 %

Imports by economic use

Group bn Ar Share
MATIERE PREMIERE 452.6 25.4 %
AUTRES BIENS 391.7 22.0 %
EQUIPEMENT 366.3 20.6 %
ENERGIE 320.8 18.0 %
ALIMENTATION 249.1 14.0 %

The trade partners of December 2025

The geo-economic blocs, by value, as published by the DGD. Shares are computed over the month's published total.

Top export destinations

  1. 1. UE 298.8 bn Ar · 27.2 %
  2. 2. ASEAN 220.4 bn Ar · 20.1 %
  3. 3. GRANDE_CHINE 164.0 bn Ar · 14.9 %
  4. 4. Etats-Unis d'Amérique, Mexique et Canada 131.7 bn Ar · 12.0 %
  5. 5. INDE_PAKISTAN 125.5 bn Ar · 11.4 %

Top import origins

  1. 1. GRANDE_CHINE 509.2 bn Ar · 28.6 %
  2. 2. MOYEN_ORIENT 473.5 bn Ar · 26.6 %
  3. 3. UE 260.7 bn Ar · 14.6 %
  4. 4. ASEAN 149.4 bn Ar · 8.4 %
  5. 5. SADC 141.9 bn Ar · 8.0 %

Ten years of trade, twenty years of customs revenue

The annual totals published by the DGD: foreign trade since 2015 and customs revenue since 2005, closed years only.

Customs revenue, 2025

3,996.0 bn Ar

+5.3 % against the prior year.

See the annual foreign-trade totals
Year Exports Imports Balance
2015 6,036.6 8,444.7 -2,408.1
2016 7,004.9 9,326.5 -2,321.6
2017 8,959.3 11,524.2 -2,564.9
2018 10,192.1 13,292.4 -3,100.3
2019 9,507.8 14,081.1 -4,573.2
2020 7,425.1 12,166.7 -4,741.6
2021 10,430.4 16,796.0 -6,365.6
2022 14,863.8 22,840.5 -7,976.7
2023 14,245.0 21,252.2 -7,007.2
2024 11,671.0 21,893.9 -10,222.9

Values in billions of ariary.

See the customs revenue by year
Year Revenue (bn Ar) Change
2005 491.3 -
2006 628.9 +28.0 %
2007 774.5 +23.1 %
2008 1,007.8 +30.1 %
2009 753.4 -25.2 %
2010 829.4 +10.1 %
2011 997.1 +20.2 %
2012 1,048.6 +5.2 %
2013 1,172.3 +11.8 %
2014 1,255.0 +7.1 %
2015 1,459.2 +16.3 %
2016 1,682.7 +15.3 %
2017 2,047.1 +21.7 %
2018 2,427.9 +18.6 %
2019 2,748.3 +13.2 %
2020 2,187.4 -20.4 %
2021 2,657.0 +21.5 %
2022 3,465.6 +30.4 %
2023 3,403.1 -1.8 %
2024 3,793.2 +11.5 %
2025 3,996.0 +5.3 %

Values in billions of ariary.

See the state budget See the GDP See the exchange rates

Method and source

The figures come from the statistical workbooks published by the Direction générale des douanes: customs revenue since 2005 and foreign trade since 2015, refreshed monthly. We archive each edition, normalise the monthly and annual series and compute the trade balance, the coverage rate and the shares. The running year's months are provisional and revised by later editions; a year is only booked as annual once it is closed. Indicative data, not contractual.

Source: Direction générale des douanes (DGD)

API access

Total exports, total imports and customs revenue are available as JSON, for your services and your agents.

Total exports
GET https://api.stileex.xyz/v1/series/mg/foreign-trade-exports/latest
Total imports
GET https://api.stileex.xyz/v1/series/mg/foreign-trade-imports/latest
Customs revenue
GET https://api.stileex.xyz/v1/series/mg/customs-revenue/latest
All series
GET https://api.stileex.xyz/v1/series/mg

Frequently asked questions

What is Madagascar's trade balance?
The latest published month's trade balance, exports minus imports, is shown at the top of this page together with the coverage rate, and month by month in the table. Provisional DGD figures.
What does Madagascar export?
The groups the DGD publishes: cereals, spices, fruits and vegetables; textiles; nickel and cobalt; mineral products; essential oils; seafood; food-industry products. The latest month's split is shown on this page.
Who are Madagascar's main trade partners?
The DGD publishes trade by geo-economic bloc: the European Union, Greater China, ASEAN, India-Pakistan, Japan-Korea, the Middle East, the SADC and North America. The latest month's ranking, by value, is shown on this page.
Where do these figures come from and how often are they updated?
From the Direction générale des douanes, which publishes its foreign-trade and revenue workbooks every month. Monthly figures are provisional and revised; we archive each edition and refresh the series daily as soon as a new one is online.