Trade Trends
TRADE
2003
2004
Total exports (fob)
941
884
Shrimp
54
62
Vanilla
195
108
Manufactures
640
653
Total imports (cif)
1,521
1,634
Food
96
Fuel and energy
213
204
Capital goods
208
300
Export price index (1995=100)
176
Import price index (1995=100)
97
103
Terms of trade (1995=100)
164
170
BALANCE of PAYMENTS
Exports of goods and services
1,261
1,264
Imports of goods and services
61,752
1,944
Resource balance
-491
-680
Net income
-80
-72
Net current transfers
303
340
Current account balance
-268
-411
Financing items (net)
285
431
Changes in net reserves
-17
-20
Memo:
Reserves including gold (US$ millions)
397
467
Conversion rate (DEC, local/US$)
1283.3
1,868.9
Source: World Bank Country Report, Madagascar