Mauritius Trade

Subchapters:

  • Business Relationships
  • Foreign direct investment
  • FTAs ​​and Treaties
  • Development Cooperation
  • Prospective fields of study (MOP)

Business relations

Trade relations with the EU

EU markets account for 58% of Mauritian exports and access to these markets is a priority for the government and the private sector in Mauritius. In 2021, the total value of EU exports to Mauritius reached EUR 82million, increasing by 1.5% year-on-year. Conversely, imports from Mauritius to the EU decreased again in 2020 and reached EUR 498.6 million. This was a year-on-year decrease of 3.5%.

2017 2018 2019 2020 2021
Exports from the EU (million EUR) 1,077.40 978.8 1,223.00 814.2 826.7
Imports into the EU (million EUR) 727.1 599.7 612.8 517 498.6
Balance with the EU (million EUR) -350.3 -379.1 -610.2 -297.2 -328.1

Source: European Commission

Trade relations with the Czech Republic

In 2021, a renewed increase in Czech exports to Mauritius was recorded, bridging the decline from 2020. In the previous years, an increasing trend in Czech exports prevailed, and thus the trade deficit decreased. The total value of Czech exports in 2021 reached 246.22 million CZK. Mauritian imports increased and reached CZK 237.92 million in 2021. The main export items to Mauritius are traditionally cotton fabrics, processing units, portable devices for cars. data processing, front loaders, biscuits, ceramic sinks, refrigerated display cases, electrical assemblies and passenger cars. Mauritian imports to the Czech Republic traditionally include men’s and women’s clothing, tuna, cane sugar, rum, processors and programmable memory control elements.

2017 2018 2019 2020 2021
Exports from the Czech Republic (million CZK) 165.76 224.58 260.61 135.21 246.22
Import to the Czech Republic (million CZK) 342.27 236.76 255.37 226.03 237.92
Balance with the Czech Republic (million CZK) -176.5 -12.17 5.23 -90.82 8.3

Source: businesscarriers.com

Trade relations with countries outside the EU

The main trading partners besides the EU are China, India and South Africa, and mutual trade continued to deepen during 2021. Total exports from Mauritius reached a value of 80million EU and the main items were clothing, sugar, rum and tea. Imports to third countries from Mauritius reached EUR 3.139 billion in 2021 and the main import items were industrial products, consumer goods and food.

2017 2018 2019 2020 2021
Exports from Mauritius (million EUR) 927.2 1,035.5 668.3 703.9 803.6
Imports to Mauritius (million EUR) 3,731.4 3,984.8 3,892.7 2,806.3 3 139.6
Balance with non-EU countries (million EUR) -2,804.3 -2,949.3 -3,224.5 -2,102.4 -2,336.0

Source: EIU, Eurostat

Foreign direct investment

Mauritius is a country that successfully attracts foreign investors with very favorable tax conditions, which is why we call it a tax haven. All conditions of support to investors are summarized on the website of the Economic Development Board – https://www.edbmauritius.org/.

Foreign direct investment in Mauritius reached a total value of USD 2.11 billion in 2021, with EU countries, India, Singapore, South Africa, the US and the United Arab Emirates as the main investors.

According to information from the Embassy of the Czech Republic in Pretoria, there are no significant Czech investments in Mauritius.

FTAs and treaties

Treaties with the EU

In 2009, the so-called interim Economic Partnership Agreement (EPA) was negotiated between the EU and Mauritius, Zimbabwe, Madagascar, and the Seychelles, which began to be tentatively implemented on May 14, 2012. Negotiations on a full-fledged Economic Partnership Agreement (EPA) between the EU and the countries of the ESA bloc (Eastern and Southern African countries – Mauritius, Djibouti, Ethiopia, Eritrea, Comoros, Madagascar, Malawi, Sudan, Seychelles, Zambia and Zimbabwe) has not made much progress yet.

Contracts with the Czech Republic

The 1999 Agreement on Promotion and Mutual Protection of Investments has been concluded between the Czech Republic and the Republic of Mauritius, which has been in force since 4/27/2000. On August 18, 2015, Ambassador Blanka Fajkusová and Cabinet Secretary and Head of the Civil Service Sateeaved Seebaluck signed in Port Louis Agreement on air transport between the Czech Republic and Mauritius.

Developmental cooperation

The Czech Republic provides financial resources through EU development cooperation, but does not implement any bilateral development projects in Mauritius.

Prospective fields of study (MOP)

Mauritius is not included in the group of countries for which the map of industry opportunities (MOP) is being prepared.

 

Practical telephone numbers (emergency services, police, firemen, information lines, etc.)

Emergency call:
police – 999 or 112
ambulance – 114
fire brigade – 115

Other important emergency contacts can be found on the Mauritius Police website.

Important web links and contacts

  • Government of Mauritius – government website, directions to individual ministries, https://govmu.org/EN/Pages/default.aspx
  • Economic Development Board – Economic Development Board for the promotion of exports and investments, https://www.edbmauritius.org/
  • Mauritius Chamber of Commerce and Industry, https://www.mcci.org/en/
  • BOM (Bank of Mauritius) – central bank, https://www.bom.mu/
  • Statistics Mauritius – SIC (State Investment Corporation) – Government Investment Corporation, https://statsmauritius.govmu.org/SitePages/Index.aspx
  • Mauritius Freeport Authority (MFA) – duty free warehouse,
  • Customs and Tax Office, https://www.mra.mu/
  • Stock Exchange – Stock Exchange of Mauritius, https://www.stockexchangeofmauritius.com/
  • Mauritius on the African Development Bank website – www.afdb.org/en/countries/southern-africa/mauritius

Mauritius Trade