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Mauritius Trade Gap Widens Sharply In November

Mauritius' merchandise trade deficit increased significantly from the previous month in November, due mainly to a sharp increase in imports, data released by Statistics Mauritius showed Friday.

The trade deficit increased to MUR10.54 billion in November from MUR8.02 billion in October. The latest figure was also higher by 35.2 percent compared to November 2011.

Export of goods decreased modestly by 1.1 percent month-on-month to MUR6.54 billion in November. Year-on-year, shipments advanced 11.1 percent during the month.

United Kingdom, France, South Africa and the United States were Mauritius' major exports destinations in November, the agency said.

The value of imports, meanwhile, jumped 16.7 percent sequentially to MUR17.08 billion in November. Compared last year, external purchases climbed 24.9 percent. Imports mainly came from India, China, France and South Africa.

by RTTNews Staff Writer

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