Largest market shown
Not reported
$292.9M of latest reported imports and $470.2M of calculated three-year opportunity.
Importer opportunity guide
Madagascar import opportunities
where to source next
Explore Madagascar's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$4.5B2024 reported value
Import CAGR+3.3%Three-year reported change
GDP$17.4BLatest reported value
GDP per capita$545.0Latest reported value
Trade openness47.8%Reported share of GDP
Madagascar import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$4.5B in imports
Madagascar recorded $4.5B in imports in 2024, with a three-year change of +3.3%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Madagascar imports products from suppliers across major trade regions. The current profile reports $4.5B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 271012Product description unavailable | $292.9MLatest imports | +22.1% | 19 | 7843 | OMNDeclining | $533.3M |
| 2 | HS 271019Product description unavailable | $301.3MLatest imports | +16.1% | 41 | 5657 | OMNDeclining | $471.9M |
| 3 | HS 151190Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $133.7MLatest imports | +14.1% | 4 | 9511 | MYSDeclining | $198.9M |
| 4 | HS 100630Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed | $119.9MLatest imports | +8.2% | 22 | 7445 | PAKDeclining | $151.8M |
| 5 | HS 600622Fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyed | $57.3MLatest imports | +24.8% | 17 | 6497 | MUSDeclining | $111.4M |
| 6 | HS 270112Coal: bituminous, whether or not pulverised, but not agglomerated | $43.3MLatest imports | +51.1% | 1 | 10000 | ZAFAccelerating | $84.5M |
| 7 | HS 110100Wheat or meslin flour | $65.0MLatest imports | +10.5% | 14 | 8589 | EGYStable | $87.7M |
| 8 | HS 600632Fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed | $54.1MLatest imports | +18.0% | 24 | 5721 | CHNDeclining | $88.8M |
| 9 | HS 150710Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified | $43.0MLatest imports | +14.4% | 2 | 9991 | ARGDeclining | $64.5M |
| 10 | HS 630900Clothing: worn, and other worn articles | $60.0MLatest imports | +13.0% | 42 | 4545 | CHNDeclining | $86.5M |
| 11 | HS 170114Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $51.2MLatest imports | +47.1% | 18 | 3331 | ZAFDeclining | $100.1M |
| 12 | HS 854140Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $29.8MLatest imports | +20.5% | 31 | 9423 | CHNDeclining | $52.1M |
| 13 | HS 252329Cement: portland, other than white, whether or not artificially coloured | $51.9MLatest imports | +9.9% | 8 | 5681 | PAKDeclining | $68.8M |
| 14 | HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $83.2MLatest imports | +8.3% | 58 | 2744 | INDDeclining | $105.6M |
| 15 | HS 170199Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter | $53.8MLatest imports | +28.9% | 23 | 2896 | MUSDeclining | $105.1M |
| 16 | HS 721061Iron or non-alloy steel: flat-rolled, width 600mm or more, plated or coated with aluminium zinc-alloys | $19.6MLatest imports | +29.5% | 1 | 10000 | CHNDeclining | $38.3M |
| 17 | HS 851712Telephones for cellular networks or for other wireless networks | $29.3MLatest imports | +10.4% | 36 | 7228 | CHNDeclining | $39.5M |
| 18 | HS 870421Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | $52.6MLatest imports | +6.1% | 21 | 3126 | ZAFDeclining | $62.9M |
| 19 | HS 250300Sulphur of all kinds: other than sublimed, precipitated and colloidal sulphur | $30.5MLatest imports | +37.3% | 9 | 4123 | QATDeclining | $59.6M |
| 20 | HS 721420Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $28.8MLatest imports | +13.3% | 9 | 5932 | TURDeclining | $41.9M |
| 21 | HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $17.1MLatest imports | +20.7% | 21 | 9354 | CHNStable | $30.0M |
| 22 | HS 540752Fabrics, woven: containing 85% or more by weight of textured polyester filaments, dyed | $19.4MLatest imports | +18.9% | 17 | 7766 | CHNDeclining | $32.6M |
| 23 | HS 600410Fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread | $18.8MLatest imports | +20.3% | 13 | 7596 | CHNDeclining | $32.6M |
| 24 | HS 630492Furnishing articles: of cotton, not knitted or crocheted (excluding bedspreads and articles of heading no. 9404) | $15.0MLatest imports | +22.0% | 6 | 8460 | INDStable | $27.3M |
| 25 | HS 252100Limestone flux: limestone and other calcareous stone, of a kind used for the manufacture of lime or cement | $12.8MLatest imports | +71.7% | 2 | 9660 | AREGrowing | $24.9M |
| 26 | HS 401120Rubber: new pneumatic tyres, of a kind used on buses or lorries | $19.4MLatest imports | +5.3% | 21 | 8570 | CHNDeclining | $22.6M |
| 27 | HS 511220Fabrics, woven: of combed wool or combed fine animal hair, containing less than 85% by weight of wool or fine animal hair, mixed mainly or solely with man-made filaments | $10.2MLatest imports | +56.7% | 5 | 9963 | FRADeclining | $19.8M |
| 28 | HS 100199Cereals: wheat and meslin, other than durum wheat, other than seed | $56.3MLatest imports | +9.3% | 6 | 1926 | LVASlowing | $73.5M |
| 29 | HS 220710Undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher | $15.4MLatest imports | +25.2% | 12 | 4646 | ZAFDeclining | $30.0M |
| 30 | HS 640299Footwear: n.e.s. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics | $14.5MLatest imports | +8.5% | 22 | 9650 | CHNDeclining | $18.6M |
| 31 | HS 870332Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc | $21.3MLatest imports | +8.3% | 23 | 4795 | KORDeclining | $27.0M |
| 32 | HS 230990Dog or cat food: (not put up for retail sale), used in animal feeding | $44.5MLatest imports | +9.5% | 23 | 2301 | INDDeclining | $58.5M |
| 33 | HS 300220Vaccines: for human medicine | $32.8MLatest imports | +13.4% | 13 | 2445 | BELDeclining | $47.9M |
| 34 | HS 510810Yarn: of fine animal hair, carded, not put up for retail sale | $16.1MLatest imports | +3.9% | 6 | 9899 | CHNDeclining | $18.1M |
| 35 | HS 392330Plastics: carboys, bottles, flasks and similar articles, for the conveyance or packing of goods | $12.8MLatest imports | +18.1% | 36 | 7008 | MUSGrowing | $21.2M |
| 36 | HS 871120Motorcycles (including mopeds) and cycles: fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars: side-cars | $21.5MLatest imports | +11.0% | 21 | 3982 | CHNDeclining | $29.4M |
| 37 | HS 871410Motorcycles (including mopeds): parts and accessories | $11.2MLatest imports | +15.7% | 38 | 9183 | CHNDeclining | $17.3M |
| 38 | HS 870423Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 | $14.3MLatest imports | +8.2% | 8 | 8334 | CHNDeclining | $18.1M |
| 39 | HS 940540Lamps and light fittings: electric, n.e.s. in heading no. 9405 | $11.1MLatest imports | +13.8% | 33 | 9297 | CHNDeclining | $16.4M |
| 40 | HS 230690Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of oils, n.e.c. in heading no. 2306 | $7.8MLatest imports | +39.1% | 3 | 9983 | IDNSlowing | $15.3M |
| 41 | HS 840999Engines: parts for internal combustion piston engines (excluding spark-ignition) | $18.0MLatest imports | +5.4% | 53 | 5051 | ZAFDeclining | $21.1M |
| 42 | HS 500720Silk: woven fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk | $16.1MLatest imports | -1.3% | 8 | 8710 | FRADeclining | $15.5M |
| 43 | HS 854449Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors | $21.1MLatest imports | +10.3% | 49 | 3018 | CHNDeclining | $28.4M |
| 44 | HS 511290Fabrics, woven: of combed wool or combed fine animal hair, containing less than 85% by weight of wool or fine animal hair, mixed mainly or solely with fibres n.e.s. in heading no. 5112 | $10.8MLatest imports | +8.1% | 6 | 9994 | FRASlowing | $13.7M |
| 45 | HS 961900Sanitary towels (pads) and tampons, napkins and napkin liners for babies and similar articles, of any material | $12.0MLatest imports | +17.2% | 31 | 5305 | EGYDeclining | $19.3M |
| 46 | HS 842952Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $11.0MLatest imports | +17.6% | 13 | 5857 | CHNDeclining | $17.8M |
| 47 | HS 730661Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), welded, of square or rectangular cross-section, n.e.c. in chapter 73 | $6.6MLatest imports | +34.3% | 15 | 9826 | CHNDeclining | $12.9M |
| 48 | HS 691110Tableware and kitchenware: of porcelain or china | $8.9MLatest imports | +13.7% | 29 | 9417 | CHNDeclining | $13.1M |
| 49 | HS 850440Electrical static converters | $14.7MLatest imports | +11.2% | 54 | 4082 | CHNDeclining | $20.2M |
| 50 | HS 392073Plastics: plates, sheets, film, foil and strip, of cellulose acetate, non-cellular and not reinforced, laminated, supported or similarly combined with other materials | $6.3MLatest imports | +70.8% | 2 | 9999 | CHNAccelerating | $12.4M |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| HS2 sector 00HS2 00 | 2 | $594.3M | $816.5M | +19.1% |
| Animal and vegetable fatsHS2 15 | 2 | $176.8M | $258.4M | +14.3% |
| Knitted fabricsHS2 60 | 3 | $130.2M | $182.1M | +21.0% |
| CerealsHS2 10 | 2 | $176.2M | $148.9M | +8.7% |
| Electrical equipmentHS2 85 | 5 | $112.0M | $139.7M | +14.6% |
| Salt, sulphur, earths and stoneHS2 25 | 3 | $95.2M | $106.6M | +39.6% |
| VehiclesHS2 87 | 5 | $120.8M | $100.6M | +9.9% |
| Sugars and sugar confectioneryHS2 17 | 2 | $105.0M | $90.0M | +38.0% |
| Mineral fuelsHS2 27 | 1 | $43.3M | $84.4M | +51.1% |
| Milling productsHS2 11 | 1 | $65.0M | $81.1M | +10.5% |
| Other textile articlesHS2 63 | 2 | $75.0M | $81.0M | +17.5% |
| Iron and steelHS2 72 | 2 | $48.4M | $69.9M | +21.4% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 270112Coal: bituminous, whether or not pulverised, but not agglomerated | $43.3M | 1 | 10000 | ZAF | 100.0% |
| HS 721061Iron or non-alloy steel: flat-rolled, width 600mm or more, plated or coated with aluminium zinc-alloys | $19.6M | 1 | 10000 | CHN | 100.0% |
| HS 392073Plastics: plates, sheets, film, foil and strip, of cellulose acetate, non-cellular and not reinforced, laminated, supported or similarly combined with other materials | $6.3M | 2 | 9999 | CHN | 100.0% |
| HS 511290Fabrics, woven: of combed wool or combed fine animal hair, containing less than 85% by weight of wool or fine animal hair, mixed mainly or solely with fibres n.e.s. in heading no. 5112 | $10.8M | 6 | 9994 | FRA | 100.0% |
| HS 150710Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified | $43.0M | 2 | 9991 | ARG | 100.0% |
| HS 230690Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of oils, n.e.c. in heading no. 2306 | $7.8M | 3 | 9983 | IDN | 99.9% |
| HS 511220Fabrics, woven: of combed wool or combed fine animal hair, containing less than 85% by weight of wool or fine animal hair, mixed mainly or solely with man-made filaments | $10.2M | 5 | 9963 | FRA | 99.8% |
| HS 510810Yarn: of fine animal hair, carded, not put up for retail sale | $16.1M | 6 | 9899 | CHN | 99.5% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
OMN
Oman
2 screened products
$816.5MCalculated opportunity across these rowsCHN
China
21 screened products
$530.8MCalculated opportunity across these rowsZAF
South Africa
5 screened products
$201.4MCalculated opportunity across these rowsMYS
Malaysia
1 screened products
$193.9MCalculated opportunity across these rowsPAK
Pakistan
2 screened products
$180.1MCalculated opportunity across these rowsMUS
Mauritius
3 screened products
$144.5MCalculated opportunity across these rowsEGY
Egypt
2 screened products
$94.7MCalculated opportunity across these rowsIND
India
3 screened products
$84.3MCalculated opportunity across these rowsFrequently asked questions
Using the Madagascar import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Madagascar's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Madagascar.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.