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Trade Profile

Foreign Trade in Figures

Mauritius has a liberal economic and trade policy, with a trade-to-GDP ratio of 115.2% (WTO, 2012-2014 average). The country is a member of the WTO, as well as many other regional economic groups (COMESA, SADC, IOC). The objective of the trade policy of Mauritius is to transform the island into an open and globally competitive economy and to fully integrate it into the world trade system. Comparatively, customs duties are low, the island is open to international trade and does not have any trade barriers.

Mauritius traditionally imports more than it exports, resulting in a trade deficit that increased during the economic crisis and should continue to increase in the coming years (based on the most recent data, it amounted to almost USD 4 billion in 2014).

The country's main trade partners are the European Union, India and the United States.

Mauritius exports clothing, textiles, sugar, cut flowers, molasses and fish towards the European Union (United Kingdom, France, Italy, etc.), the United States, South Africa, Madagascar and Vietnam. Sugarcane occupies 90% of the country's cultivated land and represents 15% of its exports. The export of services has been constantly rising. In this area, the country has a positive trade balance.

The island imports manufactured goods, capital goods, foodstuffs, oil and chemical products from India, the European Union, China, South Africa and Australia.

 
Foreign Trade Indicators 20112012201320142015
Imports of Goods (million USD) 5,1495,3545,3975,6104,792
Exports of Goods (million USD) 2,5652,6492,8692,6502,457
Imports of Services (million USD) 2,4282,3822,1432,4262,176
Exports of Services (million USD) 3,2153,3642,7343,1192,654
Imports of Goods and Services (Annual % Change) 61-186
Exports of Goods and Services (Annual % Change) 54-611-0
Trade Balance (million USD) -2,352-2,456-2,270-2,260-1,862
Foreign Trade (in % of GDP) 118120110113108
Imports of Goods and Services (in % of GDP) 6566626259
Exports of Goods and Services (in % of GDP) 5254485149

Source: WTO – World Trade Organisation ; World Bank - 2016.

Main Partner Countries

Main Customers
(% of Exports)
2016
France 14.8%
United Kingdom 12.0%
United States 11.4%
South Africa 8.2%
Madagascar 7.3%
Italy 6.8%
Spain 4.4%
Vietnam 3.7%
Netherlands 3.3%
United Arab Emirates 2.9%
Main Suppliers
(% of Imports)
2016
China 17.7%
India 16.5%
France 7.8%
South Africa 7.5%
Germany 3.1%
Japan 3.1%
Spain 3.0%
Italy 2.3%
United Kingdom 2.2%
United States 2.1%

Source: Comtrade, Last Available Data

 

Main Products

2.2 bn USD of products exported in 2016
Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs 12.0%
Cane or beet sugar and chemically pure sucrose, in solid form 10.5%
T-shirts, singlets and other vests, knitted or crocheted 7.1%
Men's or boys' shirts (excl. knitted or crocheted, nightshirts, singlets and other vests) 7.0%
Men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (excl. knitted or crocheted, wind-jackets and similar articles, separate waistcoats, track suits, ski suits and swimwear) 5.0%
Frozen fish (excl. fish fillets and other fish meat of heading 0304) 4.5%
Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras 4.3%
Diamonds, whether or not worked, but not mounted or set (excl. unmounted stones for pick-up styluses, worked stones, suitable for use as parts of meters, measuring instruments or other articles of chapter 90) 3.2%
Jerseys, pullovers, cardigans, waistcoats and similar articles, knitted or crocheted (excl. wadded waistcoats) 2.3%
Vanilla 2.2%
4.7 bn USD of products imported in 2016
Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 10.9%
Frozen fish (excl. fish fillets and other fish meat of heading 0304) 5.5%
Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 4.0%
Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras 3.3%
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses incl. those in the form of transdermal administration or in forms or packings for retail sale (excl. goods of heading 3002, 3005 or 3006) 2.4%
Petroleum gas and other gaseous hydrocarbons 1.5%
Diamonds, whether or not worked, but not mounted or set (excl. unmounted stones for pick-up styluses, worked stones, suitable for use as parts of meters, measuring instruments or other articles of chapter 90) 1.5%
Cigars, cheroots, cigarillos and cigarettes of tobacco or of tobacco substitutes 1.4%
Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. 1.3%
Milk and cream, concentrated or containing added sugar or other sweetening matter 1.3%

Source: Comtrade, Last Available Data

 
 
 

Main Services

2.8 bn USD of services exported in 2015
Travel
50.37%
Other business services
24.70%
Transportation
11.89%
Financial services
3.34%
Computer and information services
2.85%
Communications services
2.71%
Government services
1.44%
Insurance services
1.19%
Construction services
0.80%
Cultural and recreational services
0.66%
Royalties and license fees
0.05%
2.2 bn USD of services imported in 2015
Other business services
31.46%
Transportation
26.42%
Travel
24.70%
Insurance services
3.85%
Cultural and recreational services
2.91%
Financial services
2.65%
Government services
2.56%
Communications services
2.35%
Computer and information services
1.59%
Royalties and license fees
0.81%
Construction services
0.70%

Source: United Nations Statistics Division, Last Available Data

 
 
 
 

 

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Last Updates: June 2017