The trade deficit in Mauritius increased to MUR 9.8 billion in March 2019 from MUR 7.1 billion in the same month a year ago. Imports surged 15.1 percent to MUR 16.64 billion, boosted by purchases of food & live animals (23.6 percent); machinery and transport equipment (29.6 percent); manufactured goods (29.6 percent) and mineral fuels, lubricants & related materials (0.4 percent). The most important import partners were India (20.9 percent of total purchases), China (12 percent), France (8.6 percent) and South Africa (6.9 percent). Exports fell 5.9 percent to MUR 6.9 billion, mainly dragged down by lower sales of miscellaneous manufactured articles (-14.4 percent); manufactured goods (-1.2 percent) and chemicals & related products (-9.8 percent). Main export partners were the UK (13.1 percent of sales), France (11.2 percent), South Africa (9.4 percent) and the US (9.3 percent). Balance of Trade in Mauritius averaged -6307.40 MUR Million from 1985 until 2019, reaching an all time high of 560 MUR Million in September of 1986 and a record low of -23045 MUR Million in December of 2012.
Balance of Trade in Mauritius is expected to be -9000.00 MUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Mauritius to stand at -6300.00 in 12 months time. In the long-term, the Mauritius Balance of Trade is projected to trend around -10600.00 MUR Million in 2020, according to our econometric models.