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    Madagascar

    Country

    About Madagascar

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    The main sale from Mexico to Madagascar in 2024 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$759k). The main origins of sales to Madagascar were Jalisco (US$860k), Ciudad de México (US$178k), and Estado de México (US$26.5k).

    The main product bought by Mexico from Madagascar in 2024 was Titanium Ores and their Concentrates (US$11.7M). The main destinations of purchases made to Madagascar were Ciudad de México (US$18.9M), Baja California (US$10.5M), and Jalisco (US$2.47M).

    Regarding remittances, in the second quarter of 2025, Mexico received US$0 in remittances from Madagascar, while Madagascar received US$9.89k in remittances from Mexico.

    Commercial Exchange

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    Market Share

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    The icons show the percentage share of Madagascar in Mexico's imports and exports, as well as the net trade balance between the two countries.

    Data provided by Bank of Mexico.

    Net International Exchange

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    In May 2025, the international sales from Mexico to Madagascar were US$0, while international purchases reached US$1.85M. The above results in a trade balance of -US$1.85M.

    Annual International Trade

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    The main sale from Mexico to Madagascar in 2024 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$759k). The main origins of sales to Madagascar were Jalisco (US$860k), Ciudad de México (US$178k), and Estado de México (US$26.5k).

    The main product bought by Mexico from Madagascar in 2024 was Titanium Ores and their Concentrates (US$11.7M). The main destinations of purchases made to Madagascar were Ciudad de México (US$18.9M), Baja California (US$10.5M), and Jalisco (US$2.47M).

    Monthly International Trade

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    The main product bought by Mexico from Madagascar in May 2025 was Suits, Ensembles, Jackets (Coats), Dresses, Skirts, Skorts, Long Pants, Blazers, Shorts (Pants) and Shorts (Other than Swimwear), Knitted or Crocheted (US$592k). The main destinations of purchases made to Madagascar were Baja California (US$1.25M), Ciudad de México (US$264k), and Jalisco (US$130k).

    Net Trade Balance

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    In 2024, the states with the highest commercial exchange (international sales minus international purchases) with were Chihuahua (US$75k), Guanajuato (US$18k), and Hidalgo (US$216).

    Remittances

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    Evolution of the Amount of Remittances

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    The chart compares the evolution of remittances sent from Mexico to Madagascar and the remittances that Mexico receives from Madagascar.

    In the second quarter of 2025, Mexico received US$0 in remittances from Madagascar, while Madagascar received US$9.89k in remittances from Mexico.