Skip Ribbon Commands
Skip to main content
Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Publications>External Trade 4th Quarter 2014

External Trade 4th Quarter 2014

 
Highlights
                                                                                                        
 
1.      Exports
 
Total exports for the fourth quarter of 2014 amounted to R 24,750 million, 4.6% more compared to the corresponding quarter of 2013, mostly explained by a rise in the re-exports of “Telecommunication equipment and accessories” from R 1,213 million to R 3,123 million. Compared to the previous quarter, total exports for the fourth quarter of 2014 dropped by 2.6%, as a result of a decrease of 5.8% in domestic exports, mainly explained by decreases in the exports of “Cane sugar” (-21.6%) and “Fish and fish preparations” (-20.7%).
 
Exports of Export Oriented Enterprises for the fourth quarter of 2014 amounted to
R 11,604 million, a decrease of 1.1% over the corresponding period of 2013. Compared to the previous quarter, a decrease of 4.4% is noted.
 
Exports to our main buyers during the fourth quarter of 2014 rose for U.A.E (+591.4%), Madagascar (+29.4%) and USA (+3.0%) when compared to the corresponding quarter of 2013, but declined for Italy (-40.6%), Spain (-5.1%) and France (-4.0%). Compared to the previous quarter, decreases were noted for Italy (-48.1%) and USA (-9.3%).
 
2.      Imports
 
Total imports in the fourth quarter of 2014 rose by 3.6% from R 45,598 million to R 48,893 million in the corresponding quarter of 2013. Compared to the previous quarter, imports increased by 7.2%, mainly due to higher imports of “Miscellaneous manufactured articles” (+38.2%) and “Machinery and equipment” (+16.6%).  Imports of refined petroleum products in the fourth quarter of 2014 decreased by 19.5% to R 7,618 million, when compared to the corresponding period of 2013. Compared to the previous quarter, the decrease works out to 12.6%.
 
Compared to the corresponding quarter for 2013, imports from India, our main supplier, dropped by 3.0% while imports from China, South Africa and Spain rose by 16.5%, 6.5% and 6.2% respectively. Compared to the previous quarter, imports from our main suppliers rose as follows: China (+21.9%) and India (+16.9%).
 
 
3.      Balance of trade
 
The trade deficit for the fourth quarter of 2014 works out to R 24,143 million, 2.6% higher than the deficit of R 23,538 million for the corresponding period of 2013. Compared to the previous quarter, the deficit was up by 19.7%.
 
4.      Forecast 2015
 
Based on recent past trends and indicative information from various sources, total exports for the year 2015 are forecasted at R 97,000 million, against R 180,000 million for imports. Consequently, the trade deficit is expected to be around R 83,000 million.
           
 
February 2015        
 
PDF Word Excel