Madagascar
Country
About Madagascar
#permalink to sectionThe 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 first quarter of 2025, Mexico received US$0 in remittances from Madagascar, while Madagascar received US$13k in remittances from Mexico.
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn March 2025, the international sales from Mexico to Madagascar were US$15.8k, while international purchases reached US$1.2M. The above results in a trade balance of -US$1.19M.
Annual International Trade
#permalink to sectionThe 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
#permalink to sectionThe main sale from Mexico to Madagascar in March 2025 was Other Clothing (Accessories) made up Clothing, Knitted or Crocheted; Parts of Garments or of Clothing (Accessories), of Knitted or Crocheted (US$13.6k). The main origins of sales to Madagascar were Yucatán (US$15.8k).
The main product bought by Mexico from Madagascar in March 2025 was Shirt for Men or Chlidrens (US$589k). The main destinations of purchases made to Madagascar were Ciudad de México (US$383k), Baja California (US$372k), and Estado de México (US$298k).
Net Trade Balance
#permalink to sectionIn 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
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Madagascar and the remittances that Mexico receives from Madagascar.
In the first quarter of 2025, Mexico received US$0 in remittances from Madagascar, while Madagascar received US$13k in remittances from Mexico.