Applied tariffs
Simple average MFN applied
2024
12.0 %
Trade-weighted MFN average
2024
9.1 %
Share of MFN duty-free
2024
5.3 %
Bound tariffs
Simple average bound
27.4 %
Binding coverage
31.2 %
Share of bound duty-free
0.2 %
Imports
Total imports: 4,832.9 million USD in 2024
Imports by partner
China
25.4 %
1,225.8
million USD
European Union
17.0 %
821.3
million USD
Oman
13.4 %
645.9
million USD
India
5.5 %
267.7
million USD
Pakistan
4.4 %
213.8
million USD
South Africa
4.2 %
204.0
million USD
United Arab Emirates
4.2 %
202.6
million USD
Mauritius
3.4 %
162.1
million USD
Malaysia
3.0 %
145.3
million USD
Egypt
2.7 %
132.9
million USD
Rest of the World
16.8 %
811.5
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
14.1 %
681.7
million USD
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
3.0 %
147.3
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
2.8 %
134.3
million USD
151110
Crude palm oil
2.5 %
120.2
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.9 %
93.7
million USD
170114
Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excl. cane sugar of 1701 13)
1.9 %
92.9
million USD
630900
Worn clothing and clothing accessories, blankets and travelling rugs, household linen and articles for interior furnishing, of all types of textile materials, incl. all types of footwear and headgear, showing signs of appreciable wear and presented in bulk or in bales, sacks or similar packings (excl. carpets, other floor coverings and tapestries)
1.8 %
86.6
million USD
252329
Portland cement (excl. white, whether or not artificially coloured)
1.7 %
82.4
million USD
100199
Wheat and meslin (excl. seed for sowing, and durum wheat)
1.6 %
77.3
million USD
110100
Wheat or meslin flour
1.5 %
72.7
million USD
Rest of the products
67.1 %
3,243.8
million USD
Exports
Total exports: 2,581.6 million USD in 2024
Exports by destination
European Union
30.9 %
798.7
million USD
United States of America
15.3 %
394.1
million USD
China
10.5 %
270.8
million USD
Korea, Republic of
7.1 %
183.1
million USD
Japan
6.9 %
176.9
million USD
India
6.2 %
159.4
million USD
Canada
3.8 %
97.9
million USD
South Africa
3.6 %
93.3
million USD
Indonesia
2.1 %
55.3
million USD
United Kingdom
1.4 %
35.1
million USD
Rest of the World
12.3 %
317.2
million USD
Exports by products HS 2022
750210
Nickel, not alloyed, unwrought
17.8 %
460.4
million USD
090510
Vanilla, neither crushed nor ground
9.0 %
232.0
million USD
090710
Cloves, whole fruit, cloves and stems, neither crushed nor ground
6.2 %
161.3
million USD
261400
Titanium ores and concentrates
6.2 %
160.8
million USD
620342
Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excl. knitted or crocheted, underpants and swimwear)
3.3 %
86.1
million USD
330129
Essential oils, whether or not terpeneless, incl. concretes and absolutes (excl. those of citrus fruit and mint)
2.9 %
74.5
million USD
180100
Cocoa beans, whole or broken, raw or roasted
2.7 %
70.6
million USD
030617
Frozen shrimps and prawns, even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excl. cold-water shrimps and prawns)
2.7 %
69.3
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.4 %
63.0
million USD
810520
Cobalt mattes and other intermediate products of cobalt metallurgy; unwrought cobalt; cobalt powders
2.3 %
58.7
million USD
Rest of the products
44.4 %
1,145.1
million USD
Preferential regimes provided by Madagascar
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Madagascar as a beneficiary based on other economies reported preferential regimes
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