How much graphite does Madagascar produce and export?
Madagascar is the 2nd largest producer of graphite: 80,000 tonnes in 2025, 4.4% of the world's 1.8 million tonnes (USGS MCS). It is the 2nd largest exporter by value: $53.7 million in 2024, 10% of world exports of natural graphite (HS 2504) (CEPII BACI). Its biggest customer is India, which takes 29% of its graphite exports by value.
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Madagascar's graphite production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 80,000 tonnes | 4.4% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Madagascar's graphite exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $53.7 million | 10% | 85,864 t | $626 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 2504 (Natural graphite).
Where Madagascar's graphite goes
| Destination | Value | Share of Madagascar's exports |
|---|---|---|
| India | $16M | 29% |
| China | $8M | 15% |
| United States | $6M | 12% |
| Germany | $5M | 9.5% |
| Turkey (Türkiye) | $4M | 7% |
Cite as: Commodity Origins, "Madagascar graphite: production, exports and prices", https://commodityorigins.com/countries/MDG/graphite/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.