Mauritius is on the right track to increase its exports to Rs 50 billion at the end of 2022, according to the Minister of Industrial Development, SMEs and Cooperatives, Mr.Soomilduth Bholah.
Speaking on the performance of the Export-Oriented Enterprises (EOE) Sector (January to September 2022), the minister said Mauritius has already reached a total export of Rs 37 billion.
He said the target is achievable “with Government’s support and facilities being provided to increase production and exports as well as other factors such as the increased number of vessels in operation in the port and the reduced freight costs.”
During the period January to September 2022, EOE exports to the countries’ main destinations, namely South Africa, United Kingdom, USA and France have increased by 15.9%, 14.4%, 23.9% and 23.6%, respectively.
South Africa still maintains its dominant position as the island’s main export destination, with 17% in market share, followed by United Kingdom (12%), France (12%) and USA (11%).
Exports of Textile and Clothing increased from around Rs 14.86 billion during the period January to September 2021 to some Rs 16.49 billion in the corresponding period in 2022, representing an increase of around 10.9%.
Exports of Fish and Fish preparations increased from Rs 7.41 billion to Rs 8.58 billion.
Exports of Jewellery/Pearls, Precious and Semi-precious Stones increased from Rs 2.54 billion to Rs 4.1 billion, an increase of around 61%.
Exports of Medical Devices increased from Rs 1.18 billion to Rs 1.4 billion.
Source: GIS Mauritius
