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Trade between China and Madagascar

In 2024, China exported $1.3 billion to Madagascar and imported $276 million. China ran a surplus of $1 billion with Madagascar, compared with a surplus of $648 million in 2019. Madagascar was China’s 129th largest trading partner (0% of its trade), and China was Madagascar’s largest (19%).

Summary

China → Madagascar
$1.3billion
Madagascar → China
$276million
China’s balance
$1billion

Balance

China’s trade balance with Madagascar

Trade between China and Madagascar grew 62-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.3
  • Imports 0.3
  • Balance +1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$22 million$3 million$19 million
1996$28 million$3 million$25 million
1997$39 million$3 million$36 million
1998$39 million$5 million$34 million
1999$56 million$4 million$52 million
2000$127 million$7 million$120 million
2001$117 million$9 million$108 million
2002$48 million$10 million$38 million
2003$220 million$10 million$210 million
2004$316 million$18 million$297 million
2005$296 million$31 million$265 million
2006$305 million$27 million$278 million
2007$487 million$32 million$456 million
2008$824 million$56 million$768 million
2009$357 million$69 million$289 million
2010$345 million$108 million$238 million
2011$441 million$120 million$322 million
2012$432 million$125 million$307 million
2013$498 million$158 million$339 million
2014$577 million$119 million$458 million
2015$632 million$165 million$467 million
2016$724 million$166 million$558 million
2017$853 million$207 million$646 million
2018$807 million$180 million$628 million
2019$844 million$196 million$648 million
2020$766 million$136 million$630 million
2021$966 million$358 million$608 million
2022$1.2 billion$575 million$617 million
2023$987 million$276 million$711 million
2024$1.3 billion$276 million$1 billion

What they sell each other

What China sells to Madagascar

The top 10 headings in 2024, with their share of the total.

  1. Other knitted fabric$83 million · 6.3%
    11 thousand tonnes
  2. Synthetic filament fabric$65 million · 4.9%
    14 thousand tonnes
  3. Used clothing$61 million · 4.6%
    41 thousand tonnes
  4. 14 thousand tonnes
  5. Coated flat steel$43 million · 3.3%
    48 thousand tonnes
  6. 6 thousand tonnes · China’s destinations
  7. Trucks$31 million · 2.4%
    7 thousand tonnes · China’s destinations
  8. Heavy blended cotton fabric$28 million · 2.1%
    4 thousand tonnes
  9. 500 tonnes
  10. New tires$25 million · 1.9%
    13 thousand tonnes · China’s destinations

What Madagascar sells to China

The top 10 headings in 2024, with their share of the total.

  1. Gemstones$48 million · 17.3%
    20 thousand tonnes
  2. Titanium ore$41 million · 14.9%
    108 thousand tonnes
  3. Chromium ore$35 million · 12.6%
    131 thousand tonnes · China’s sources
  4. Mica$34 million · 12.3%
    115 thousand tonnes
  5. 27 thousand tonnes
  6. Uranium and thorium ore$15 million · 5.5%
    25 thousand tonnes
  7. 1 thousand tonnes
  8. Natural graphite$8 million · 2.8%
    19 thousand tonnes
  9. Essential oils$7 million · 2.4%
    556 tonnes
  10. Cobalt$6 million · 2.2%
    242 tonnes

How it travels

Estimated sea route from Shanghai to Toamasina.

The estimated sea route between Shanghai and Toamasina is 6,080 nautical miles (11,260 km) long: ≈ 14–18 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.5 billion · 93.9%
  2. Air$97 million · 6.1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Madagascar was China’s 129th largest trading partner (0% of its trade), and China was Madagascar’s largest (19%).

Madagascar in China’s trade
0%
Madagascar’s rank among China’s partners
129th
China in Madagascar’s trade
18.8%
China’s rank among Madagascar’s partners
1st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.