Exporting guide to Madagascar
Demand for goods and services
Madagascar has shown a moderate demand for UK goods and services, which UK businesses looking to export could benefit from.
Top five UK goods exported to Madagascar, in the four quarters to the end of Q1 2022
| Goods | Value (£million) |
|---|---|
| General industrial machinery (intermediate) | |
| Scientific instruments (capital) | |
| Textile fabrics | |
| Other chemicals | |
| Medicinal & pharmaceutical products |
Source:
ONS Trade in goods: country-by-commodity exports
Last updated: July 2022
Download the latest trade and investment factsheet for Madagascar.
Total import value (into the UK from Madagascar) and export value (from the UK into Madagascar) over time
| Year | Imports (£million) | Exports (£million) | Total trade (£million) |
|---|---|---|---|
| 2016 | 83.0 | 25.0 | 108.0 |
| 2017 | 33.0 | 47.0 | 80.0 |
| 2018 | 33.0 | 25.0 | 58.0 |
| 2019 | 33.0 | 25.0 | 58.0 |
| 2020 | 26.0 | 12.0 | 38.0 |
| 2021 | 24.0 | 16.0 | 40.0 |
Source:
ONS UK total trade: all countries, seasonally adjusted
Last updated: July 2022
Total trade is the sum of all exports and imports over the same time period.
Download the latest trade and investment factsheet for Madagascar.
Madagascar: at a glance
Economic growth
3.2%
Actual figure (IMF, 2018)
The UK is 1.7% (IMF, 2018, actual figure)
GDP per capita
$472
Actual figure (IMF, 2010)
The UK is $39,732 (IMF, 2010, actual figure)
Currency
Malagasy Ariary
Business language
French, Malagasy
You may need a translator
Time zone
GMT +3
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Check for trade barriers
Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.
Check duties and customs
Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.
Next steps
DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.
