Madagascar’s Top 10 Imports

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An island nation in the Indian Ocean near the East African coast, Madagascar’s imports amounted to US$3.7 billion in 2017. That dollar amount reflects a 35.7% increase since 2013 and a 23.6% uptick from 2016 to 2017.

As of June 2018, Madagascar’s import purchases were valued at $2 billion up 20.6% compared to the first 6 months of 2017.

Malagasy imports represent a miniscule 0.02% of total global imports which totaled $16.054 trillion one year earlier in 2016.

From a continental perspective, 61.1% of Madagascar’s total imports by value in 2017 were purchased from Asian countries. European trade partners supplied 21.4% of import purchases by Madagascar while 11.6% worth of goods originated from nearby Africa. At 3.4%, a smaller percentage came from North American exporters.

Given Madagascar’s population of 25.1 million people, its total $3.7 billion in 2017 imports translates to roughly $150 in yearly product demand from every person in the African island country.

Madagascar’s Top 10 Imports

Top 10

The following product groups represent the highest dollar value in Madagascar’s import purchases during 2017. Also shown is the percentage share each product category represents in terms of overall imports into Madagascar.

At the more detailed four-digit Harmonized Tariff System code level, Madagascar’s most valuable imported products are refined petroleum oils followed by rice, trucks, palm oils, medicines, cars then sugar.

  1. Mineral fuels including oil: US$540.8 million (14.8% of total imports)
  2. Machinery including computers: $325.3 million (8.9%)
  3. Vehicles: $290.9 million (7.9%)
  4. Cereals: $251 million (6.9%)
  5. Electrical machinery, equipment: $190.1 million (5.2%)
  6. Animal/vegetable fats, oils, waxes: $138.7 million (3.8%)
  7. Salt, sulphur, stone, cement: $126.5 million (3.5%)
  8. Plastics, plastic articles: $121.5 million (3.3%)
  9. Pharmaceuticals: $106.9 million (2.9%)
  10. Cotton: $100.5 million (2.7%)

Madagascar’s top 10 imports accounted for three-fifths (59.8%) of the overall value of its product purchases from other countries.

Imported cereals had the fastest-growing increase in value among the top 10 import categories, up 153% from 2013 to 2017.

In second place for improving import purchases were foreign-made vehicles, up 57.9%. Malagasy imports of machinery including computers delivered the third-fastest gain up 42.9%.

Cotton was the laggard among the top 10 Malagasy imports, incurring a -11.7% decline.

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. Information presented under other virtual folder tabs is at the more granular 4-digit level.

Fuel

In 2017, Malagasy importers spent the most on the following 10 subcategories of mineral fuels-related products:

  1. Processed petroleum oils: US$473.6 million (up 7.8% from 2016)
  2. Coal, solid fuels made from coal: $51.5 million (up 110.7%)
  3. Petroleum gases: $9.6 million (down -3.2%)
  4. Petroleum oil residues: $4.9 million (up 20%)
  5. Petroleum jelly, mineral waxes: $815,000 (down -15.5%)
  6. Distilled tar: $85,000 (up 165.6%)
  7. Natural bitumen, asphalt, shale: $68,000 (down -88.1%)
  8. Asphalt/petroleum bitumen mixes: $52,000 (down -11.9%)
  9. Coal tar oils (high temperature distillation): $23,000 (down -51.1%)
  10. Non-petroleum gases (coal/water/producer): $2,000 (down -14.3%)

Among these import subcategories, Madagascar’s purchases of distilled tar (up 165.6%), coal including solid fuels made from coal (up 110.7%) and petroleum oil residues (up 20%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of mineral fuels-related imports among Malagasy businesses and consumers.

Machinery

In 2017, Malagasy importers spent the most on the following 10 subcategories of machinery including computers:

  1. Heavy machinery (bulldozers, excavators, road rollers): US$44.7 million (up 271.5% from 2016)
  2. Liquid pumps and elevators: $26.8 million (up 23%)
  3. Taps, valves, similar appliances: $25.9 million (up 44.5%)
  4. Engines (diesel): $21.5 million (up 614.8%)
  5. Computers, optical readers: $14 million (down -5.8%)
  6. Centrifuges, filters and purifiers: $13.6 million (up 35.2%)
  7. Dishwashing, clean/dry/fill machines: $11.7 million (up 177%)
  8. Machinery parts: $11.6 million (up 28.1%)
  9. Industrial preparation machinery: $11.3 million (up 26%)
  10. Miscellaneous machinery: $10.2 million (up 38.7%)

Among these import subcategories, Madagascar’s purchases of diesel engines (up 614.8%), heavy machinery like bulldozers or excavators (up 271.5%) and dishwashing, cleaning, drying or filling machines (up 177%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of machinery-related imports among Malagasy businesses and consumers.

Vehicles

In 2017, Malagasy importers spent the most on the following 10 subcategories of vehicles:

  1. Trucks: US$98.8 million (up 49.9% from 2016)
  2. Cars: $78.3 million (up 24.5%)
  3. Special purpose vehicles: $37.1 million (up 1237.8%)
  4. Tractors: $19.6 million (up 85.9%)
  5. Motorcycles: $17.6 million (up 49.7%)
  6. Automobile parts/accessories: $12.9 million (up 23.8%)
  7. Public-transport vehicles: $10.5 million (up 74.9%)
  8. Trailers: $9.6 million (up 92.8%)
  9. Motorcycle parts/accessories: $4.5 million (down -1.6%)
  10. Bicycles, other non-motorized cycles: $1.1 million (up 12.2%)

Among these import subcategories, Madagascar’s purchases of special purpose vehicles (up 1,238%), trailers (up 92.8%) and tractors (up 85.9%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of vehicles-related imports among Malagasy businesses and consumers.

Cereals

In 2017, Malagasy importers spent the most on the following subcategories of cereals:

  1. Rice: US$246.9 million (up 175.3% from 2016)
  2. Corn: $3.5 million (down -28.2%)
  3. Sorghum grain: $625,000 (down -66.7%)
  4. Wheat: $6,000 (down -99.8%)
  5. Buckwheat, millet, canary seeds: $4,000 (up 100%)

Among these import subcategories, imports of rice (up 175.3%) and buckwheat, millet and canary seeds (up 100%%), grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of cereals-related imports among Malagasy businesses and consumers.



 
See also Madagascar’s Top Trading Partners and Madagascar’s Top 10 Exports

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on September 4, 2018

The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on September 4, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on September 4, 2018