International Trade in Madagascar

International Trade in Madagascar

Madagascar's economy had a strong contraction in 2009 (-3.7%) and in 2010 (-2%).  The serious political crisis that the country is currently facing is the reason of this slowdown.  The power of the country was taken by force by Andry Rajoelina in March 2009 and it was condemned by the... Read more

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Market Analyses About Madagascar (0)

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Import and Export Services in Madagascar (64)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Madagascar

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • ESPRESSO

    ESPRESSO

    Interpreting, Madagascar

    Translators & Interpreter. The languages we are mastering are French, italian, Spanish, English and Russian. We translate any kind of...

Business Tips About Madagascar (18)

Agents and Distributors in Madagascar (4)

  • LA LUNE

    LA LUNE

    Export Management, Madagascar

    Gentlemen or ladies, We are a company EURL "MOON", import and export company here in Madagascar, many products we can offer...
  • RED SAND

    RED SAND

    Wholesalers, Madagascar

    We specialize in the wholesale and export of products 100% made in Madagascar :  - Essential oil , Vegetal oil , Massage oil and...

Overview About International Trade in Madagascar

Main Industry Sectors

The most important sectors in Madagascar are agriculture (cotton, rice, wood, vanilla, minerals) and services (tourism).

 

Economic Overview

Madagascar's economy had a strong contraction in 2009 (-3.7%) and in 2010 (-2%).  The serious political crisis that the country is currently facing is the reason of this slowdown.  The power of the country was taken by force by Andry Rajoelina in March 2009 and it was condemned by the international community which provoked a negative impact in some sectors such as tourism, building and construction and the main financial aid sponsors suspended their involvement in the country.  The growth drivers such as private investment which consists of large mining projects have slowed down and the volume of the GDP's growth should be negative again in 2011.

The Malagasy government had established an ambitious strategy of development for 2007-2012 which remains to be developed (The Madagascar Action Plan - MAP), which is a second-generation poverty reduction strategy.  The country is still confronting big challenges such as poverty reduction, fight against corruption and reforms on land property laws. 

Madagascar, a country with a popula...

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