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Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast of Africa and 900km East of Madagascar and 3200km from South East coast of India. Total Population (2016 est.) 1.59 million Area 2,040 sq. km Time Zone +4 hrs GMT Capital City Port Louis International Telephone Code +230 Currency Mauritius Rupee (MUR) Exchange Rate (29/01/18) 1 USD = 34.5576 MUR GDP (2017 est.) US$12.5 billion GDP per capita (2017 est.) US$9,904.6 GDP Growth Rate (2017 est.) 3.9 % Ease of Doing Business (World Bank 2017) 49 out of 190 Inflation Rate (2017 est.) 2.1% Official Language(s) French; English Other Languages Mauritian Creole, Bhojpuri, Tamil, and Urdu Banking Hours 0900-1530 hrs (weekdays) 0830-1200 hrs (Sat) Literacy Rate (2016) 90.6% Measures Metric System Important International Participation UN, AU, SADC, IOC COMESA, WTO Cities and Population City Population Port Louis 155,226 Beau Bassin 111,355 Vacoas 110,000 Curepipe 84,200 Quatre Bornes 80,961 Triolet 23,269 Goodlands 20,910 Centre de Flacq 17,710 Bel Air Rivière Sèche 17,671 Mahébourg 17,042

Market Brief on Mauritius · 2019-07-14 · Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast

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Page 1: Market Brief on Mauritius · 2019-07-14 · Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast

Market Brief on Mauritius

January 2017

Location Facts and Figures

It is an Island in the Indian Ocean, 2 400km from the South-East Coast of Africa and 900km East of Madagascar and 3200km from South East coast of India.

Total Population (2016 est.)

1.59 million

Area 2,040 sq. km

Time Zone +4 hrs GMT

Capital City Port Louis

International Telephone Code

+230

Currency Mauritius Rupee (MUR)

Exchange Rate (29/01/18)

1 USD = 34.5576 MUR

GDP (2017 est.) US$12.5 billion

GDP per capita (2017 est.)

US$9,904.6

GDP Growth Rate (2017 est.)

3.9 %

Ease of Doing Business (World Bank 2017)

49 out of 190

Inflation Rate (2017 est.)

2.1%

Official Language(s)

French; English

Other Languages Mauritian Creole, Bhojpuri, Tamil, and Urdu

Banking Hours

0900-1530 hrs (weekdays) 0830-1200 hrs (Sat)

Literacy Rate (2016)

90.6%

Measures

Metric System

Important International Participation

UN, AU, SADC, IOC COMESA, WTO

Cities and Population

City Population

Port Louis 155,226

Beau Bassin 111,355

Vacoas 110,000

Curepipe 84,200

Quatre Bornes 80,961

Triolet 23,269

Goodlands 20,910

Centre de Flacq 17,710

Bel Air Rivière Sèche 17,671

Mahébourg 17,042

Page 2: Market Brief on Mauritius · 2019-07-14 · Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast

Mauritius Trade with the World

Major import sources of Mauritius (2016) Major export destinations of Mauritius (2016) Na

2012 2013 2014 2015 2016

Exporter (US$'000) 2,257,737 2,341,299 2,662,999 2,481,093 2,193,836

Imports (US$'000) 5,772,006 5,395,450 5,607,223 4,458,342 4,654,906

Trade Bal (US$'000) (3,514,269) (3,054,151) (2,944,224) (1,977,249) (2,461,070)

-4,000,000

-2,000,000

0

2,000,000

4,000,000

6,000,000

8,000,000

US$

'00

0

18%

16%

8%

8%3%

3%

3%

2%

2%

2%

35%

China India France South Africa

Germany Japan Spain Italy

UK USA Other

15%

12%

12%

8%7%

7%

4%

4%

3%

3%

25%

France UK USA South Africa

Madagascar Italy Spain Viet Nam

Netherlands UAE Other

Source: Trademap

Source: Trademap

Source: Trademap

Page 3: Market Brief on Mauritius · 2019-07-14 · Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast

Major import products of Mauritius (2016) Major export products of Mauritius (2016)

Zimbabwe-Mauritius Trade (US$’000)

11%

6%

4%

4%

2%2%

2%1%

1%1%

1%1%

64%

Petroleum oilsFrozen fishTelephone setsMotor carsMedicamentsPetroleum gasDiamondsTobacco processedMilk and cream, concentratedWoven fabrics of cottonAutomatic data-processing machinesCoalOther

30%

12%

11%6%

6%

5%

2%

2%

2%

24%

Articles of apparel and clothing accessories

Prepared meat of fish or crustaceans

Cane sugar

Fish and crustaceans

Electrical machinery and equipment

Diamonds

Vanilla & tea

Cotton

Instruments and appliances used in medical surgery

Other

2012 2013 2014 2015 2016

Exporter (US$'000) 7,938 7,767 287 2,104 595

Imports (US$'000) 3,172 2,877 4,228 4,543 3,852

Trade Bal (US$'000) 4,766 4,890 (3,941) (2,439) (3,257)

-6,000

-4,000

-2,000

0

2,000

4,000

6,000

8,000

10,000

US

$'0

00

Source: Trademap Source: Trademap

Source: Trademap

Page 4: Market Brief on Mauritius · 2019-07-14 · Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast

Zimbabwe’s major exports to Mauritius (2016)

Zimbabwe exports to Mauritius in 2016, (US$’000)

Annual growth in value between 2012-2016, %, p.a.

Mauritius Import from the world in 2016, (US$’000)

Crocodile hides 203 57 1,855

Cotton 200 -58 17,123

T-shirts 129 - 251

Historical items 26 32 9,915

Jewellery 11 - 281 Source: Trademap

Zimbabwe products with export potential to Mauritius Zimbabwe's imports from Mauritius (2016)

• Edible fruit, nuts, peel of citrus fruit, melons

• Machinery parts

• Pharmaceuticals

• Portland Cement

• Cotton, not carded or combed

• Fish from fresh water

• Plastic packing goods

• Packing containers, of paper, paperboard, cellulose wadding, webs

• Structures (rods, angle, plates) of iron & steel

• Articles of iron or steel

• Footwear (outer sole)

• Furniture

• Processed Foods e.g. super milk, yeast, cream, wine, cordials and chocolates, tinned meats

46%

17%

8%

6%

6%

4%

3%

3%1%

1%

5%

Pasta

Soap

Animal feeds raw materials

Printed materials

T-shirts, singlets and other vests, knitted or crocheted

Monitors and projectors

Washing preparations

Men's or boys' shirts, knitted or crocheted

Articles of jewellery

Men's or boys' suits

Other

Source: Trademap

Page 5: Market Brief on Mauritius · 2019-07-14 · Market Brief on Mauritius January 2017 Location Facts and Figures It is an Island in the Indian Ocean, 2 400km from the South-East Coast

Useful Addresses Preferential Trade Arrangements

Mauritius Export Promotion Board Enterprise Mauritius 7th Floor, St James Court St Denis Street, Port-Louis Republic of Mauritius Tel: +230 2129760 Fax: +230 2129767 Email: [email protected] Web: www.enterprisemauritius.biz Mauritius Chamber of Commerce 3, Royal Street Port Louis, Mauritius Tel: +230 208 33 01 Fax: +230 208 00 76 Email: [email protected] Website: http://www.mcci.org/ Mauritius Export Association (MEXA) 4th Floor, Unicorn House 5 Royal Street, Port Louis Tel: +230 208 5216/ 211 1476/ 208 0087 Fax: +230 212 1853 Email: [email protected] Website: http://www.mexa.mu/ Mauritius Standards Bureau Tel: +230 433 3648 Fax: +230 433 5051 Email: [email protected] Website: www.msb.intnet.mu Exporters can utilise the Mauritius Trade Easy Portal: http://www.mauritiustrade.mu

For more information, please contact us

www.tradezimbabwe.com

[email protected] +263-4-369330-41

Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to www.zimtrade.co.zw

COMESA Free Trade Area

The Common Market for Eastern and Southern Africa (COMESA) is a regional integration grouping of African States which have agreed to promote regional integration through trade development and to develop their natural and human resources for the mutual benefit of all their peoples.

COMESA Member States established a Free Trade Area (FTA) on 31 October 2000. Fourteen States (Burundi, Comoros, Djibouti, Egypt, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Sudan, Seychelles, Zambia and Zimbabwe) are participating in the Free Trade Area.

SADC Trade Protocol

Zimbabwe and Zambia are both members of the SADC

Protocol. The Protocol is an agreement between SADC

Member States to reduce customs duties and other barriers to

trade on products from each other. By January 1, 2008, most

customs duties (on 85% of tariff lines) had been eliminated for

goods originating from SADC Member States.

For more information on trading under COMESA FTA, COMESA STR and SADC Trade

Protocol refer to ZimTrade’s “Guide to Zimbabwe’s Trade Agreements”.

Travelling to Mauritius

• Zimbabwean passport holders are given Mauritius visas upon arrival in Mauritius.