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Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Statistics by Subject>External Trade - 3rd Quarter 2014

External Trade - 3rd Quarter 2014

Highlights
                                                                                                        
1.    Exports
 
Total exports for the third quarter of 2014 amounted to R 26,251 million, 17.2% more compared to the corresponding quarter of 2013. This is mostly explained by a rise in the re-exports of “Telecommunication equipment and accessories” from R 422 million to
R 3,481 million. Compared to the previous quarter, total exports for the third quarter of 2014 rose by 3.2%.
 
Exports of Export Oriented Enterprises amounted to R 12,136 million, showing an increase of 0.5% over the corresponding period of 2013. Compared to the previous quarter, a decrease of 3.0% is noted.
 
Exports rose for UAE (+675.2%), USA (+23.3%), France (+10.3%) and United Kingdom (+0.3%) when compared to the corresponding quarter of 2013, but declined for Italy
(-19.6%) and South Africa (-1.7%). Compared to the previous quarter, the increases were as follows: UAE (+66.0%), South Africa (+24.7%) and USA (+10.2%).
 
2.    Imports
 
Total imports in the third quarter of 2014 rose by 8.4% to R 45,598 million from R 42,056 million in the corresponding quarter of 2013. Compared to the previous quarter, imports increased by 8.8%, mainly due to higher imports of “Food and live animals” (+19.5%) and “Machinery and equipment” (+18.7%).
 
Imports of refined petroleum products increased by 8.3% to R 7,439 million, compared to the corresponding period of 2013. Compared to the previous quarter, the increase works out to 8.7%.
 
Imports from India and France, our main suppliers, dropped by 6.8% and 4.8% respectively, while imports from China rose by 19.0% compared to the corresponding quarter of 2013. Compared to the previous quarter, the situation is as follows: China (+4.1%), India    (-5.7%) and France (-2.5%).
 
3.    Balance of trade
 
The trade deficit for the third quarter of 2014 works out to R 19,347 million, 1.5% higher than the deficit of R 19,648 million for the corresponding period of 2013. Compared to the previous quarter, the deficit was up by 17.4%.
 
4.    Forecast 2014
 
Based on available trade data for the first nine months of 2014 and information from various sources, total exports for 2014 is forecasted at R 99,000 million, instead of R 94,000 million as a result of higher re-exports of mobile phones. Imports forecast is maintained at R 175,000 million, explained by higher imports of mobile phones for re-exports offset by lower forecast of heavy machinery and refined petroleum products. Trade deficit for 2014 is therefore expected to be around R 76,000 million.        
 
 
November 2014