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Madagascar’s exports have had a slower growth since the recovery from the shock caused by the COVID-19 pandemic. The country’s total merchandise exports had a slower growth to USD 2.6 billion in 2021. Madagascar has a relatively diversified export profile and earnings from spices have continued increasing to USD 820.6 million (approx. 31.1% of total exports) in 2021. Other top exports from Madagascar include nickel and clothing and textiles. Read more accurate and balanced analysis of the political economy in Madagascar here: https://politicaleconomy.org.za/2023/02/pesa-editorial-on-madagascar-2h2022-23/.
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