Madagascar’s textile exports performed well in the first quarter

According to the “Express” news, Madagascar’s textile exports performed well in the first three quarters of 2023, ranking at the top of the list of Madagascar’s export products, second only to minerals. According to the provisional statistics on foreign trade and import tariff exemption released by the General Administration of Customs of Madagascar, textile exports were approximately 34,000 tons. In terms of export volume, textile exports amounted to 1.88 trillion Ali. The EU remains the main export destination for Madagascar products. Through the AGOA preferential agreement, the US market remains the largest export destination for Madagascar’s textiles. </p