The trade deficit in Mauritius widened to MUR 13.17 billion in October 2018 from MUR 10.22 billion in the same month a year earlier. It was the largest trade gap since December 2012, as imports jumped 19.5 percent year-on-year to MUR 19.87 billion from MUR 16.62 billion in October 2017, driven by higher purchases of machinery & transport equipment (22.2 percent); mineral fuels, lubricants & related materials (82.2 percent); chemicals & related products (27.7 percent) and miscellaneous manufactured articles (14.6 percent). The most important import partners were: India (20.8 percent of total imports), China (16.3 percent), France (7.9 percent) and South Africa (7.3 percent). Exports fell 4.7 percent year-on-year to MUR 6.70 billion from MUR 6.40 billion, mainly due to lower sales of food & live animals (-7.2 percent) and manufactured goods (-1.9 percent). Main export partners were: South Africa (13.6 percent of total exports), the UK (13.5 percent) and the US (9.3 percent). Balance of Trade in Mauritius averaged -6024.15 MUR Million from 1985 until 2017, 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 -7113.22 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 -8360.04 in 12 months time. In the long-term, the Mauritius Balance of Trade is projected to trend around -8313.20 MUR Million in 2020, according to our econometric models.