Mauritius May trade deficit narrows
According to RTT news , the trade deficit for Mauritius, for the month of May, narrowed from the same month a year ago. RTT news quoted from data released by the Central Statistical Office this week. Trade deficit shrunk to MUR 5.27 billion in May from MUR 6.64 billion recorded last year. In April, the country registered a shortfall of MUR 6.33 billion.
On a yearly basis, exports fell 1.8 percent in May and imports declined 10.8 percent.
Month-on-month, imports decreased 5.6 percent, while exports grew 4.9 percent.
The island’s main export destinations during May were the U.K., France and Italy. Meanwhile, imports largely came from India, China and France.
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