Goods exports as a part of the balance of payment rose 31.0% to USD 3.55 bil in Madagascar in 2022, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Madagascar reached an all time high of USD 3.55 bil in 2022 and an all time low of USD 0.240 bil in 1974. When compared to Madagascar's main peers, goods exports as a part of the balance of payment in Mozambique amounted to USD 8.28 bil, USD 123 bil in South Africa, USD 2.03 bil in Swaziland and USD 7.22 bil in Tanzania in 2022.
Madagascar has been ranked 127th within the group of 157 countries we follow in terms of goods exports as a part of the balance of payment, 4 places above the position seen 10 years ago.
| Goods Exports (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Botswana | USD bil | 6.59 | 5.26 | 4.34 | 7.43 | 8.33 | ... | |||||||||||||||
| Kenya | USD bil | 6.09 | 5.87 | 6.05 | 6.79 | 7.42 | ... | |||||||||||||||
| Lesotho | USD bil | 1.22 | 1.06 | 0.889 | 1.06 | 1.05 | ||||||||||||||||
| Madagascar | USD bil | 3.04 | 2.61 | 1.95 | 2.71 | 3.55 | ... | ... | ||||||||||||||
| Malawi | USD bil | 0.945 | 1.07 | 0.867 | 1.13 | 1.02 | ... | |||||||||||||||
| Mozambique | USD bil | ... | 6.04 | 4.79 | 3.72 | 5.70 | 8.28 | |||||||||||||||
| Namibia | USD bil | 4.19 | 3.88 | 3.20 | 3.67 | 4.39 | ||||||||||||||||
| South Africa | USD bil | 94.3 | 89.9 | 85.5 | 122 | 123 | ||||||||||||||||
| Swaziland | USD bil | 1.83 | 1.98 | 1.74 | 2.06 | 2.03 | ... | |||||||||||||||
| Tanzania | USD bil | 4.29 | 5.38 | 6.37 | 6.76 | 7.22 | ... | |||||||||||||||
| Uganda | USD bil | 3.64 | 4.10 | 4.46 | 4.49 | 4.28 | ... | |||||||||||||||
| Zambia | USD bil | 9.03 | 7.25 | 8.00 | 11.2 | 11.5 | ... |
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