Madagascar - Equipment and Machinery

Equipment and Machinery

Last published date: 2024-02-20

The government’s infrastructure development plan, if implemented, will also raise the profile of ancillary industries such as the equipment and machinery sector. U.S. manufacturers of construction equipment, machinery, and tools would have an opportunity to participate in strategic infrastructure development. The development of the sector could present opportunities for U.S. exports of extractive industries goods, machinery, and equipment, since Madagascar has commercially significant reserves of several mineral resources, including rare earths, nickel, cobalt, uranium, coal, chromite, bauxite, graphite, mica, as well as gold and other precious and semi-precious stones.

Leading Sub-Sectors

Table 1: Total Market Size for Construction Equipment
CONSTRUCTION EQUIPMENT	2019	2020	2021	2022	2023 (Jan-Jun)
Total exports	508	1,803	348	680	240
Total imports	28,232	32,028	45,892	51,798	28,245
Imports from the U.S.	1,986	4,055	784	2,641	1,523
Total market size	27,724	30,225	45,544	51,118	28,005

Data source: Madagascar Customs. Figures are in thousands of USD. Items used for this table are those with four-digit HTS codes 8428, 8429, and 8430 and items with eight-digit HTS code 8431.31.00, 8431.39.00, 8431.41.00, 8431.42.00 and 8431.49.00

Table 2: Total Market Size for Machinery and Tools
MACHINERY AND TOOLS	2019	2020	2021	2022	2023 (Jan-Jun)
Total exports	10,923	5,971	8,957	9,086	3,625
Total imports	263,654	224,744	299,800	356,582	200,021
Imports from the U.S.	29,655	26,000	24,526	48,864	49,828
Total market size	252,722	218,773	291,143	347,496	196,396

Data source: Madagascar Customs. Figures are in thousands of USD. All items starting with two-digit HTS code 84 were used to produce this table, excluding those used in the previous table (construction equipment and machinery)

Table 3: Total Market Size for Drilling Machinery and Equipment
DRILLING MACHINERY AND EQUIPMENT	2019	2020	2021	2022	2023 (Jan-Jun)
Total exports	10	0	0	0	0
Total imports	677	1,020	365	0	0
Imports from the U.S.	35	0	0	0	0
Total market size	667	1,020	365	0	0

Data source: Madagascar Customs. Figures are in thousands of USD. The HTS code used to produce the tables are the 8-digit codes 84304100 and 84304900 which are both drilling machines.

Opportunities

Madagascar Annual Mine Fair (“Salon des Mines de Madagascar”)

Resources

Ministry of Mines and Strategic Resources
Chamber of Mines of Madagascar
Ministry of Industry, Trade and Consumption
Association of Industry in Madagascar
Madagascar Association of Public Works Contractors (SEBTP)