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AfricaMoney | August 23, 2017

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Imports and exports on the rise

Imports and exports  on the rise, CSO predicts

The Central Statistical Office, Mauritius, predicts that the imports of goods and services are forecasted at R 246,584 million in 2013 compared to R 229,237 million in 2012, representing a nominal increase of 7.6% .In real terms, it would grow by 1.5% compared to 0.7% in 2012. Imports of goods measured on an f.o.b. basis would grow by 2.9%, mainly explained by expected imports of marine vessels. Imports of services, which include insurance and freight paid in respect of imported goods and imports of FISIM, is expected to fall by -1.2% .

Exports of goods and services would increase by 6.4% to R 200,446 million in 2013 from R 188,389 million in 2012. In real terms, this would represent a growth of 1.5%. Exports of goods measured on an f.o.b. basis and exports of services (inclusive of FISIM exports) are forecasted to expand by 3.1% and 0.3% respectively .

Net exports of goods and services would result in a deficit of R 46,138 million in 2013 compared to R 40,848 million in 2012. This would represent 12.3% of GDP at market prices in 2013, higher than the figure of 11.9% in 2012 .

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Source: Central Statistical Office, Mauritius

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