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MALAGASY NATIONAL POLICE

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for agricultural products. Fish canneries to be financed and operated<br />

by a Japanese company are riow in the planning .stages.<br />

6. Foreign Trade<br />

a. Consumer goods which before the last war accounted for two<br />

thirds of all imports, now represent no more than half. On the other<br />

hand, imports of fuel, raw materials and capital goods have grown appre­<br />

ciably.<br />

b. The change in exports is also indicative of the steady trans­<br />

formation of the Malagasy economy: export of bulk products of relatively<br />

little value -(corn and cassava) are decreasing, while on the other hand,<br />

there is an increase in exports of relatively valuable products (peanutes,<br />

vanilla, tobacco and cloves).

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