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Total exports amounted to Rs 20,238 million during 2nd quarter of 2018

Date: September 05, 2018
Domain:Business & Industry
Persona: Business; Citizen; Government; Non-Citizen
 

GIS - 05 September, 2018: A press communiqué issued by Statistics Mauritius on 29 August 2018,  regarding the external merchandise trade for the the second quarter of 2018, that is from April-June 2018, highlights that the total exports amounted to Rs 20,238 million, 0.5% lower compared to the corresponding quarter of 2017 but increased by 11.8% compared to the previous quarter.
                 
As for the total imports, it amounted to Rs 48,027 million, higher by 8.3% compared to corresponding quarter of 2017 and 22.6% compared to the previous quarter. 
 
As regards the balance of trade, the trade deficit for the second quarter of 2018 works out to Rs 27,789 million, 15.8% higher than the deficit of Rs 23,999 million for the corresponding quarter of 2017. Compared to the previous quarter, the deficit was higher by 32.0%.  
 
Based on recent past trends and information from various sources, the forecast of total exports and imports for the year 2018 is maintained at around Rs 84,000 million and Rs 193,000 million respectively. Trade deficit for 2018 is therefore expected to remain at Rs 109,000 million. 
 
Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: gis@govmu.org  Website: http://gis.govmu.org
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