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Trade and Regional Integration in Mauritius: FY2019/20

[Dataset] Trade and Regional Integration in Mauritius: FY2019/20

Trade and Regional Integration in Mauritius: FY2019/20
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  • Create Date 12 months ago
  • Last Updated Apr 22, 2020

[Dataset] Trade and Regional Integration in Mauritius: FY2019/20

Mauritian exports have been growing slower than imports during the period from 2015 to 2018. This has not led to a significant deterioration of gross official reserves supported by growing services trade and financial account surpluses. The slower growth in exports has led to a short-term negative impact on Mauritius’s current account balance. Mauritius is still dependent on agricultural products, clothing and textiles, and diamond exports which are also amongst its top-traded goods with its neighbours in the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC). In addition, Mauritius has had mixed performance in terms of its integration in COMESA and is poorly integrated in SADC due to low levels of intraregional trade. This suggests that there is significant room to increase Mauritius’s imports to both regions and Mauritius needs to increase and diversify its exports to SADC countries in order to make its intraregional trade more equitable.

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