Country Info: Madagascar

Bilateral Trade by Sector: United States - Madagascar

Click here for detailed trade profile between the United States & Madagascar

Value ('1000 dollars) / Year-to-date is January-September

Bilateral Trade by Sector: United States - Madagascar

Value ('1000 dollars) / Year-to-date is January-September

Sector	Category	2011	2012	2013	2013 YTD	2014 YTD
Agricultural products:
	US Exports	12,392	10,793	4,373	4,343	121
	US Imports	32,475	51,683	56,966	42,556	61,544
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	1,445
	GSP imports	279	961	1,718	862	1,445
	AGOA imports
Forest products:
	US Exports	887	848	642	436	221
	US Imports	747	769	1,000	859	1,192
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	613
	GSP imports	302	219	448	389	591
	AGOA imports					21
Chemicals and related products:
	US Exports	2,943	4,232	3,155	2,725	2,551
	US Imports	4,028	2,204	3,767	3,186	3,497
	AGOA (including GSP provisions) imports	NE	NE	NE	NE
	GSP imports
	AGOA imports
Energy-related products:
	US Exports	54	441	1,283	1,280
	US Imports
	AGOA (including GSP provisions) imports	NE	NE	NE	NE
	GSP imports
	AGOA imports
Textiles and apparel:
	US Exports	2,306	2,237	1,758	1,281	2,893
	US Imports	40,677	43,557	22,223	17,973	15,313
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	49
	GSP imports	92	152	139	134	49
	AGOA imports
Footwear:
	US Exports		5	7	7	7
	US Imports			20	8	29
	AGOA (including GSP provisions) imports	NE	NE	NE	NE
	GSP imports
	AGOA imports
Minerals and metals:
	US Exports	2,622	2,461	1,741	1,481	2,342
	US Imports	5,592	9,112	73,729	56,554	78,718
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	60
	GSP imports	200	214	285	238	60
	AGOA imports
Machinery:
	US Exports	17,889	24,526	34,010	29,136	11,271
	US Imports	91	224	89	65	205
	AGOA (including GSP provisions) imports	NE	NE	NE	NE
	GSP imports
	AGOA imports
Transportation equipment:
	US Exports	9,587	9,976	9,144	6,937	5,878
	US Imports	17	28	13	8	25
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	3
	GSP imports			4	4	3
	AGOA imports
Electronic products:
	US Exports	3,758	5,102	3,264	2,694	3,828
	US Imports	36	28	57	30	41
	AGOA (including GSP provisions) imports	NE	NE	NE	NE
	GSP imports
	AGOA imports
Miscellaneous manufactures:
	US Exports	378	249	213	152	273
	US Imports	1,657	1,103	1,953	1,577	1,846
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	656
	GSP imports	655	435	1,022	845	656
	AGOA imports
Special provisions:
	US Exports	1,414	1,751	3,262	2,659	1,878
	US Imports	1,809	1,074	18,374	18,062	948
	AGOA (including GSP provisions) imports	NE	NE	NE	NE
	GSP imports
	AGOA imports
All sectors:
	US Exports	54,231	62,621	62,852	53,131	31,264
	US Imports	87,128	109,782	178,191	140,878	163,359
	AGOA (including GSP provisions) imports	NE	NE	NE	NE	2,826
	GSP imports	1,528	1,980	3,617	2,472	2,805
	AGOA imports					21

US Department of Commerce

al Notice Note: empty fields denote ‘no trade’, NE means ‘not eligible’

Published on www.AGOA.info - tralac’s online AGOA information portal

Graph Data

Click to view chart

Key Documents

Federal Notice - Madagascar's apparel benefits reinstated 15 December 2014

Economic Background

After discarding socialist economic policies in the mid-1990s, Madagascar followed a World Bank- and IMF-led policy of privatization and liberalization that has been undermined since the start of the political crisis. This strategy placed the country on a slow and steady growth path from an extremely low level. Agriculture, including fishing and forestry, is a mainstay of the economy, accounting for more than one-fourth of GDP and employing 80% of the population.

Exports of apparel boomed in recent years primarily due to duty-free access to the US, however, Madagascar's failure to comply with the requirements of the African Growth and Opportunity Act (AGOA) led to the termination of the country's duty-free access in January 2010 and a sharp fall in textile production.

Deforestation and erosion, aggravated by the use of firewood as the primary source of fuel, are serious concerns. The current political crisis, which began in early 2009, has dealt additional blows to the economy.

Tourism dropped more than 50% in 2009 compared with the previous year, and many investors are wary of entering the uncertain investment environment. Growth was anemic during 2010 to 2012 although expansion in mining and agricultural sectors is expected to contribute to more growth in 2013.

Trade Profile

No current data available

Downloads

Madagascar - National AGOA Strategy

The objective of the AGOA strategy is to support the ability of Madagascar’s firms to successfully sell into the U.S. market, leveraging every opportunity that AGOA provides. AGOA has had a clear impact in stimulating Africa-U.S. trade. All...

Organisation USAID East Africa Trade and Investment Hub

Publish Date 09 April 2015

View details D Size: 2 MB