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Trade

International Trade

Trade Promotion Programme - Focus: Africa

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Features of Focus Countries

Madagascar

Economic Indicators (Year 2002)

*  Population (mid year in Million) 16.4
*  GDP (US$ Billion) 4.5
*  Average Annual Growth of GDP Per Capita    -14.4
*  Average Annual Growth in GDP -11.9

Top 20 Product Groups of Madagascar's Global Imports, major supplier countries and India's %age share. (Year 2002)

Value in Million USD

S.No.

HS code

Product Description

Global Imports

Imports from India

Top Supplier Countries Year 1999

India's % Share

   

All products

564.42

14.57

 

2.581

1

84

Nuclear reactors, boilers, machinery, etc

51.49

0.84

France, Germany and USA

1.628

2

87

Vehicles other than railway, tramway

36.93

0.77

Japan, France and Germany

2.096

3

85

Electrical, electronic equipment

34.64

0.67

France, China and USA

1.925

4

30

Pharmaceutical products

25.68

1.77

France, India and USA

6.894

5

15

Animal,vegetable fats and oils, cleavage products, etc

25.38

0.00

Malaysia, Singapore and Australia

0

6

52

Cotton

24.78

0.85

Mauritius, Thailand and France

3.438

7

51

Wool, animal hair, horsehair yarn and fabric thereof

21.37

0.00

China

0

8

48

Paper & paperboard, articles of pulp, paper and board

20.98

0.03

France, SACU and Senegal

0.129

9

39

Plastics and articles thereof

18.01

0.47

France, SACU and Korea Republic

2.592

10

60

Knitted or crocheted fabric

14.03

0.11

USA, Taiwan (POC) and France

0.798

11

11

Milling products, malt, starches, inulin, wheat gluten

13.66

0.54

France, Mauritius and Australia

3.954

12

72

Iron and steel

13.20

0.86

India, France and Turkey

6.493

13

3

Fish, crustaceans, molluscs, aquatic invertebrates nes

13.16

0.08

Morocco

0.638

14

17

Sugars and sugar confectionery

12.99

0.26

SACU, France and Indonesia

1.970

15

55

Manmade staple fibres

12.59

0.18

China, USA & SACU

1.421

16

50

Silk

12.28

0.01

-

0.106

17

23

Residues, wastes of food industry, animal fodder

11.72

0.00

India, SACU and France

0.000

18

27

Mineral fuels, oils, distillation products, etc

11.66

0.00

Iran, Qatar and Singapore

0.000

19

10

Cereals

10.20

3.88

Pakistan, Germany and China

37.983

20

63

Other made textile articles, sets, worn clothing etc

9.98

0.34

France, Chiina and Belgium

3.447

21

62

Articles of apparel, accessories, not knit or crochet

9.23

0.16

China, France and Indonesia

1.711

Source - UN Database

Principal Commodities of India's Bilateral Trade with Madagascar

India's Export of Principal Commodities to Madagascar

Rank Commodity

Value in US$ Million April - Dec., 2002

Value in US$ Million April - Dec., 2003

% Share in April - Dec., 2003

% Age growth / decline Apr - Dec 2003 / Apr - Dec 2002

 

Total

9.06 25.53 100.00 181.82
1

Primary and Semi-Finished Iron and Steel

0.49 4.57 17.92 828.76
2

Drugs, Pharmaceuticals & Fine Chemicals

1.02 2.88 11.28 182.36
3

Machinery and Instruments

0.84 2.67 10.44 216.68
4

Transport Equipments

0.58 2.53 9.90 337.08
5

Cotton Yarn, Fabrics, Made-up, etc.

0.49 1.88 7.36 280.49
6

Manmade yarn, fabrics, made-up

0.20 1.78 6.96 786.49
7

Manufactures of Metals

0.32 1.28 5.03 305.60
8

Rice (Other Than Basmati)

2.65 1.25 4.89 -52.93
9

Plastic & Linoleum Products

0.35 1.04 4.07 197.22
10

Other Commodities

0.03 0.77 3.01 2111.12
11

Rubber Manufactured products except footwear

0.29 0.63 2.46 117.66
12

Paper /Wood Products

0.03 0.50 1.94 1804.18
13

Misc. Processed Items

0.45 0.47 1.84 3.59
14

Glass/ Glassware/ Ceramics/ Refractories/ Cement

0.04 0.43 1.70 981.62
15

Iron and Steel Bar /Rod etc. & Ferro Alloy

0.01 0.39 1.52 2621.21
16

Cosmetics /Toiletries, etc.

0.23 0.30 1.18 32.01
17

Paints /Enamels/Varnishes, etc.

0.05 0.25 1.00 397.65
18

Dairy products

-

0.24 0.92

-

19

Readymade garments of cotton including accessories

0.20 0.23 0.89 14.98
20

Electronic Goods

0.22 0.23 0.89 4.90
 

Total for Top 20 Product Groups

8.49 24.30 95.19 186.13

Source : DGCI & S
1USD : Rs. 48.61 (April - Dec. 2002 Average of Monthly RBI Rates)
1USD : Rs. 46.15 (April - Dec. 2003 Average of Monthly RBI Rates)

India's Import of Principal Commodities from Madagascar

Value in US$ Million

Commodity

April - Dec., 2002

April - Dec., 2003

% Share in April - Dec., 2003

% Age growth / decline Apr - Dec 2003 / Apr - Dec 2002

Total

1.2815

3.6262

 

 

Cotton Raw : Combed/Uncombed/Waste

0.0774

-

-

-100.00

Other Crude Minerals

0.0213

-

-

-100.00

Spices

0.6963

3.0454

83.98

360.72

Pearls Precious semi precisious Stones

0.0388

0.3492

9.63

848.38

Other Commodities

0

0.0741

2.04

-

Cashew Nuts

0.3780

0.0472

1.30

-86.84

Organic Chemicals

0

0.0336

0.93

-

Essential Oil & Cosmetic Preparations

0

0.0269

0.74

-

Metaliferous ores & Metal Scrap

0

0.0231

0.64

-

Wood & Wood Products

0.0697

0.0200

0.55

-69.76

Electronic Goods

0.0070

0

 

-100.00

Source : DGCI & S
1USD : Rs. 48.61 (April - Dec. 2002 Average of Monthly RBI Rates)
1USD : Rs. 46.15 (April - Dec. 2003 Average of Monthly RBI Rates)

KEY CONTACTS

Mr. C.H. Kapadia,
Honorary Consul General
Consulate General of the Republic of Madagascar
Ismail Building, Flora Fountain, Mumbai - 400 001
Tel : 204 6735 / 285 2512 Fax : (91-22)204 4598
E-mail: kapch@bom7.vsnl.net.in, Chandrakapadia@hotmail.com

Shri Sibabrata Tripathi,
Ambassador, Embassy of India
Antananarivo, Madagascar
Fax: 261-20-2233790/2262729
E-mail: indembmd@bow.dts.mg

USEFUL WEBSITES

  • Links to government sites, reference sources http://www.gksoft.com/govt/en/mg.html
     
  • Madagascar Government - In French and Malagasy. Official site. Press communiques, articles from the newspaper, Midi Madagasikara, on the economy, politics, law, society, terrorism in Madagascar, etc. Government reports, directory of government ministers, Members of the Senate, photographs, links to related sites. http://www.madagascar.gov.mg/
     
  • Madagascar Institutional National de la Statistique - Basic statistics, Economic indicators (Estimation de la population 2002, Indices des prix à la consommation, Indices de production industrielle des entreprises franches, Etablissements formels nouvellement créés à Antananarivo.) Issues of its bulletin (in Malagasy), Sehatra. Lists of its documents with tables of contents. Based in Antananarivo. [KF] http://www.instat.mg/
 
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