72669 v2 World Trade Indicators 2009/10 Madagascar: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $8,970 $469 0.02% $345 1963 1995 0 0 TRADE PERFORMANCE‡ Madagascar Ranking Decile SSA Low inc TRADE POLICY (TP) (out of 125) 115 10 EXTERNAL ENVIRONMENT (EE) (out of 125) 30 3 INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 134 8 TRADE FACILITATION (TF) (out of 155) 88 6 TRADE OUTCOME (TO) (out of 157) 32 3 Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) 3.5 11.3 13.6 * TTRI (applied tariff including preferences) .. 11.7 12.0 * MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. 12.4 12.7 * MFN applied tariff - simple avg (%) 6.9 4.6 12.6 12.4 TTRI (MFN) Dispersion (coefficient of variation) 1.1 1.1 0.6 0.5 Maximum rate (excl. alcohol and tobacco) .. .. 21.3 20.0 Agriculture - simple avg (%) 6.9 5.8 15.7 14.7 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) 7.0 4.4 12.2 12.1 MFN applied tariff - trade weighted avg (%) 5.2 3.4 9.1 9.4 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) 5.2 3.4 8.3 7.8 Agriculture 6.2 4.1 7.1 6.2 Import duties Nonagriculture 5.0 3.3 8.5 8.1 Applied tariff (incl. prefs.) - production weighted avg (%) .. 8.1 12.7 * 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) 3.2 1.4 2.1 * Madagascar SSA Low inc Agriculture .. 2.1 3.5 3.2 Nonagriculture .. 4.9 2.2 2.9 Import duties (% of imports) .. 13.8 12.4 13.0 * Tariff overhang (MFN bound minus MFN applied rate,%) 19.4 21.9 16.1 17.1 GATS commit. Bound tariff frequency ratio (% of total lines) .. 27.4 28.6 29.7 index Non-ad valorem tariff frequency ratio (%) 0.0 0.0 0.0 0.0 Non-tariff measures frequency ratio (%) 1.1 .. .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 Madagascar SSA Low inc Overall GATS commitment index (0-100, best) .. 0.4 0.4 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) 3.6 1.3 * MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) 26.4 25.0 * ROW applied tariff (incl. prefs.) - trade weighted avg (%) 4.1 2.8 2.3 0.8 ROW applied(wgt avg) Agriculture 7.8 1.1 3.1 3.4 Nonagriculture 1.7 3.7 2.1 0.2 MFN zero duty exports (%) MFN zero-duty exports (% of total exports) 15.1 22.3 20.1 19.8 * Exports to FTA / CU partners (% of total exports) 4.6 4.3 1.9 0.0 Madagascar 0 SSA Low inc 1 Anti-dumping initiations faced 0.0 0.0 0.0 0.0 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) 0.0 0.0 6.3 16.2 * All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 151 144 134 Ease of Starting a business (rank) .. 65 60 12 Doing 160 Business Enforcing contracts (rank) .. 153 153 155 Rank Closing a business (rank) .. 181 183 183 80 World Governance Indicators (WGI) 2005 2006 2007 2008 Madagascar Regulatory Quality (-2.5 to +2.5, best) -0.34 -0.26 -0.22 -0.33 SSA Rule of Law (-2.5 to +2.5, best) -0.25 -0.41 -0.34 -0.46 Low inc 0 Control of Corruption (-2.5 to +2.5, best) -0.02 -0.25 -0.17 -0.10 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. 2.2 2.7 Efficiency of customs and other border procedures .. .. 2.2 2.4 Quality of transport and IT infrastructure .. .. 2.1 2.6 Logistics Performance Ease of arranging competitively-priced shipments .. .. 2.3 3.1 Index Logistics competence .. .. 2.0 2.4 Ability to track and trace shipments .. .. 2.2 2.5 0 2 4 Timeliness of shipments .. .. 2.7 2.9 Madagascar SSA Low inc Trading Across Borders (Doing Business, rank out of 183) 113 111 No. of documents required for export .. .. 6 4 200 No. of days required to export .. .. 37 21 160 Cost to export (US$ per container) .. .. 1,106 1,279 120 No. of documents required for import .. .. 10 9 80 No. of days required to import .. .. 43 26 40 Cost to import (US$ per container) .. .. 1,377 1,660 0 Telephones (fixed + mobile) per 100 people 0.4 1.6 12.2 26.2 Trading Across Borders Rank Internet users per 100 people 0.1 0.3 0.9 1.7 Madagascar SSA Low inc Export credit insured exposures - short term (% of goods export) .. 23.0 39.9 TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## 4.1 10.3 9.2 10.6 Real Trade Growth Rate 12 Exports 3.0 5.2 11.2 2.9 10 10.3 10.6 9.2 Imports 5.2 13.8 8.2 15.6 8 8.1 7.6 7.3 7.1 7.0 Goods 2.7 5.6 16.7 6.0 6 6.3 5.9 6.5 Services 7.9 12.0 1.5 -2.3 4 4.1 Nominal growth in trade of goods and services (%) 6.7 11.2 18.0 17.9 2 0 Exports 6.9 10.1 13.8 2.5 1995-99 2000-04 2005-07 2008 Imports 6.6 12.2 21.1 28.1 Madagascar SSA Trade integration (trade as % of GDP) 52.4 66.4 73.0 69.9 Low inc Goods balance (% GDP) -4.1 -4.9 -12.6 -17.2 Export Composition (2005-08) Food balance (% GDP) 2.1 4.2 0.1 -0.9 Oth com Services balance (% GDP) -3.3 -5.0 -3.1 -4.7 ser, 8.9 Travel , Goods share of total exports (%) 65.1 70.6 67.9 70.8 13.8 Agric, Services share of total exports (%) 34.9 29.4 32.1 29.2 25.1 Goods exports as a share of world goods exports (rank)** 125 121 132 129 Transport Services exports as share of world services exports (rank)** 110 116 115 116 , 8.9 Foreign Direct Investment (FDI) inflows (% of GDP) 0.6 1.2 1.7 .. Total remittances inflows (% GDP) 0.3 0.3 0.2 0.1 Minral, 2.4 Export product concentration index (0-100, most) 24.9 27.5 22.5 28.0 Manufac, Fuels, 2.6 32.4 Export market concentration index (0-100, most) 42.4 47.6 40.7 34.6 Top 5 export markets (shares) France (29%), USA (24%), Netherlands (7%), Germany (6%), China, People's Rep. of (5%) Top 5 import markets (shares) China, People's Rep. of (16%), France (12%), Iran, Islamic Rep. of (8%), South Africa (6%), Mauritius (4%) Top 5 export products (SITC 3 digit-shares) 841-Menswear, wvn (19%), 842-Women cloth wven (15%), 845-Artcls apparel (15%), 36-Crustaceans (7%), 334-Hvy petrol. (5%) Top 5 import products (SITC 3 digit-shares) 334-Hvy petrol. (13%), 651-Textile yarn (5%), 679-Iron/steel pipe (4%), 652-Cotton fab, wvn (4%), 728-Indus machn n.e.s. (3%) ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.