Singapore Exports to Madagascar
Singapore's exports to Madagascar fell to $7.92 million in 2023, down from $69.5 million in 2022, according to the UN Comtrade Database. This represents a decrease of 88.6% ($61.57 million) from the previous year. Top exports from Singapore to Madagascar were Unspecified commodities ($2.60 million), Machinery, mechanical appliances, reactors ($1.59 million), Electrical machinery and equipment ($584,451.39).
Singapore had a trade deficit with Madagascar that widened to $79.42 million in 2023 from $14.04 million in 2022. This is an increase of 465.5% ($65.38 million).
Singapore Exports to Madagascar by Goods (2023)
The table below shows the ranking of Singapore exports to Madagascar by goods in 2023, highlighting the top exported goods.