ProceduresGovernment
Vizbuilder

    Madagascar

    Country

    About Madagascar

    #permalink to section

    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 2026, Mexico received US$0 in remittances from Madagascar, while Madagascar received US$25.2k in remittances from Mexico.

    Commercial Exchange

    #permalink to section

    Market Share

    #permalink to section

    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

    #permalink to section

    In June 2026, the exports from Mexico to Madagascar were US$82.6k, while imports reached US$1.44M. The above results in a trade balance of -US$1.35M.

    Annual International Trade

    #permalink to section

    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

    #permalink to section

    The main sale from Mexico to Madagascar in June 2026 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$66.3k). The main origins of sales to Madagascar were Ciudad de México (US$66.3k) and Jalisco (US$2.86k).

    The main product bought by Mexico from Madagascar in June 2026 was Cinnamon and Cinnamon-Tree Flowers (US$335k). The main destinations of purchases made to Madagascar were Ciudad de México (US$767k), Baja California (US$462k), and Estado de México (US$33.2k).

    Net Trade Balance

    #permalink to section

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

    Remittances

    #permalink to section

    Evolution of the Amount of Remittances

    #permalink to section

    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 2026, Mexico received US$0 in remittances from Madagascar, while Madagascar received US$25.2k in remittances from Mexico.