Mauritius | Trading

March 03, 2011

2010: trade deficit of Rs 66.528 million

For the year 2010, total exports amounted to Rs 68,866 million, 11.6% higher than in 2009 and imports which amounted to Rs 135,394 million was up by 14.3%, resulting in a trade deficit of Rs 66,528 million, i.e 17.2% higher than in 2009.
Total value of trade and trade balance

Total value of trade and trade balance

Central Statistics Office presented external trade statistics for the Q4 2010 and for the years 2009 and 2010. These statistics are compiled from declarations lodged at Customs by importers and exporters. Some of these declarations are at times revised at a later period and corrections made accordingly on the computerised database of the Mauritius Revenue Authority (MRA) - Customs Department.

The main keypoint of the statistics are:

  • Total exports for the fourth quarter of 2010 stood at Rs 19,755 million against imports of Rs 39,309 million resulting in a trade deficit of Rs 19,554 million.
  • Total exports for the year 2010 amounted to Rs 68,866 million and imports Rs 135,394 million. This resulted in a trade deficit of Rs 66,528 million, 17.2% higher than the figure of Rs 56,763 million for the previous year. It is to be noted that exclusive of the purchase of aircraft in 2009, the trade deficit for 2010 over 2009 grew by 23.0%.
  • Total export proceeds for the fourth quarter of 2010 were valued at Rs 19,755 million, showing increases of 11.9% over the previous quarter and 19.5% over the corresponding quarter of 2009.
  • For the year 2010, 38.7% of exports consisted of “articles of apparel and clothing accessories” (Rs 23,992 million), 12.5% of sugar (Rs 7,740 million) and 16.3% of “fish and fish preparations” (Rs 10,118 million).
  • The main export market for the year 2010 remained the European continent with a share of 63.4%, while on a country-wise basis, our main buyers were the United Kingdom (21.8%), France (16.7%), USA (10.0%), Italy (7.1%), Spain (6.5%), South Africa (5.8%) and Madagascar (5.7%).
  • Total imports for the fourth quarter of 2010 reached Rs 39,309 million, i.e an increase of 18.2% over the previous quarter and 10.1% over the corresponding quarter of 2009.
  • In 2010, “Machinery and transport equipment” accounted for 20.3% of our imports, “Food and live animals” 18.2%, “Manufactured goods classified chiefly by material” 18.5% and “Mineral fuels, lubricants and related materials” 19.2%.
  • The Asian countries supplied 52.9% of the imported products for the year 2010 and another 25.2% came from European countries. The main sources of imports were India (22.3%), followed by China (13.3%), South Africa (8.4%) and France (8.1%). 

Read the full statistics report (.pdf)

 

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