The Republic of Madagascar is a southern African island, situated in the Indian Ocean east of Mozambique. It is a country rich of diverse resources and natural deposits and is the world’s first exporter of the vanilla bean. Madagascar also counts coffee, shellfish, sugar and petroleum products as its main exports.
Despite its abundant resources, Madagascar still struggles to channel its trade revenues into a sound engine of development. In fact, the country has had recurrent political crises which have greatly disturbed its regional and interregional trade though not sufficiently developed. Madagascar mostly exports to France, China, the USA and Singapore, and is a member of the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the Indian Ocean Commission (IOC).
ITC has had a number of interventions in Madagascar with the International Trade Board of Madagascar in areas such as public-private partnership market access, National Tariff Measures. Another collaboration is currently underway as the country requested ITC expertise in the elaboration of a programme aimed at increasing Madagascar’s trade capacities. The country is also eligible for projects under the Enhanced Integrated Framework.
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Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.