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 June 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.

Ok
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
width
height
Madagascar Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-309014.00 -534299.00 177517.00 -772177.00 2008 - 2020 million MGA Monthly

Madagascar Trade Last Previous Highest Lowest Unit
Balance of Trade -309014.00 -534299.00 177517.00 -772177.00 million MGA [+]
Current Account -42.50 -94.70 169.10 -572.90 DTS Million [+]
Current Account to GDP -0.20 0.80 0.80 -21.10 percent [+]
Exports 610395.00 784811.00 1081927.00 51994.00 million MGA [+]
Imports 919409.00 1319110.00 1386304.00 253874.00 million MGA [+]
Terrorism Index 1.96 2.61 3.29 0.00 [+]
Tourist Arrivals 35150.00 45085.00 45085.00 9526.00 [+]


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.