Business updates

Total Exports for the period January to June 2017 amounted to Rs. 35.6 billion rupees representing a decrease of 10% as compared to the same period in 2016. For the first semester 2017, domestic exports amounted to Rs. 25.8 billion representing 72% of total exports. When compared over the same period in 2016, domestic exports dropped by 8%. Re-Exports also registered a drop of 14% when compared over the same period in 2016 to reach Rs. 9.8 billion over the period January to June 2017.

Analysis by country of destination showed that the biggest drop was registered in our total exports to Switzerland which fell by 40%. Total Exports to the United Kingdom also accounted for a drop of 14% to reach Rs. 4.0 billion for the first semester 2017. It is worth noting that over the period January to June 2017, Total Exports to the region has increased by 4% when compared to same period in 2016. Our main market destination remained the European Union accounting for 50% of our Total Exports followed by the region (25%) and the USA (11%).

For the first semester 2017, imports amounted to Rs. 85.5 billion as compared to Rs. 77.6 billion over the same period in 2016, representing an increase of 10%. Our major suppliers were India presenting 16.2% of total imports followed by China (15.9%), South Africa (8.2%) and France (7.6%).

Statistics Mauritius has forecasted total exports for January to December 2017 at around Rs. 84 billion and imports at Rs. 178 billion.

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