Goods Exports (BoP, USD) rose 29.8% to USD 2.80 bil in Madagascar in 2017

Goods Exports (BoP, USD) (USD bil)
Economy | Madagascar | May 17, 2019
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Goods exports as a part of the balance of payment reached 2.80 USD bil in 2017 in Madagascar, according to the National Statistical Office. This is 29.8 % more than in the previous year.

Historically, goods exports as a part of the balance of payment in Madagascar reached an all time high of 2.80 USD bil in 2017 and an all time low of 0.240 USD bil in 1974. When compared to Madagascar's main peers, goods exports as a part of the balance of payment in Mozambique amounted to 4.73 USD bil, 87.6 USD bil in South Africa, 1.79 USD bil in Swaziland and 4.90 USD bil in Tanzania in 2017.

Madagascar has been ranked 120th within the group of 156 countries we follow in terms of goods exports as a part of the balance of payment, 8 places above the position seen 10 years ago.

Goods exports refer to all movable goods (including non-monetary gold) involved in a change of ownership from residents to non-residents.

Goods Exports (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Botswana USD bil 6.44 6.49 7.93 8.52 6.29
Kenya USD bil 5.83 6.21 5.85 6.22 5.98
Lesotho USD bil 1.17 0.972 0.847 0.876 0.929
Madagascar USD bil 1.47 1.52 1.92 2.19 2.05
Malawi USD bil 1.52 1.28 1.28 1.53 1.43
Mozambique USD bil 3.12 3.86 4.12 3.92 3.41
Namibia USD bil 3.88 4.15 3.81 3.80 3.28
South Africa USD bil 110 100 96.7 93.5 81.0
Swaziland USD bil 1.60 1.67 1.82 1.85 1.67
Tanzania USD bil 5.10 5.89 5.26 5.19 5.40
Uganda USD bil 2.52 2.81 2.83 2.72 2.67
Zambia USD bil 8.75 9.52 10.8 10.2 7.36