Exporting guide to Madagascar

Overview

Madagascar is an island located off the East African coast, close to Mozambique, Reunion and Mauritius. The economy mainly revolves around tourism, textiles, agriculture and mining.

Trade statistics

£17.0 million total UK exports to Madagascar for the four quarters to the end of Q1 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: July 2022)

179th largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: July 2022)

less than 0.1% of total UK exports for the four quarters to the end of Q1 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: July 2022)

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) 1.9
Scientific instruments (capital) 1.3
Textile fabrics 1.3
Other chemicals 1.0
Medicinal & pharmaceutical products 0.9

Source: ONS Trade in goods: country-by-commodity exports
Last updated: July 2022
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.

See current trade barriers

See resolved trade barriers

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.

See current duties and customs procedures

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.