AGOA Status
Madagascar is eligible for AGOA this year.
Trade Agreements
The U.S. and the Common Market for Eastern and Southern Africa (COMESA), which includes Madagascar, signed a Trade and Investment Framework Agreement (TIFA) in 2001.
Madagascar Trade Summary
U.S. total goods trade with Madagascar were $786.6 million in 2024. U.S. goods exports to Madagascar in 2024 were $53.4 million, down 13.2 percent ($8.1 million) from 2023. U.S. goods imports from Madagascar in 2024 were $733.2 million, up 1.7 percent ($12.0 million) from 2023. The U.S. goods trade deficit with Madagascar was $679.8 million in 2024, a 3.1 percent increase ($20.2 million) over 2023.
