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madagascar's foreign trade

madagascar's foreign trade - fuels Madagascar also imports...

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Madagascar always suffers a foreign trade deficit. Madagascar’s exports consist mainly of unprocessed agricultural products and some extracted minerals. Textiles are Madagascar's major export commodity. 29% of Madagascar’s income comes from textiles. Other commodities exported are spices, gemstones, coffee, fruits, and shellfish. Madagascar imports fuels, such as refined petroleum, in large quantity. Besides
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Unformatted text preview: fuels, Madagascar also imports large number of industrial supplies. Other goods imported by Madagascar are machinery, food, consumer goods, and transportation. Mainly partner of the foreign trading of Madagascar is France. Madagascar imports about US$105 million and exports about US$ 88 million. France follow by Singapore, Germany, United States, Italy etc....
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