Mauritius imports more than it exports, but the difference is taken care of by revenues from tourism and other services. Mauritius had sufficient international reserves in 2001 to cover 29 weeks of imports.
The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Mauritius's exports was $1.6 billion while imports totaled $2 billion resulting in a trade deficit of $400 million.
The International Monetary Fund (IMF) reports that in 2000 Mauritius had exports of goods totaling $1.56 billion and imports totaling $1.95 billion. The services credit totaled $1.07 billion and debit $746 million. The following table summarizes Mauritius's balance of payments as reported by the IMF for 2000 in millions of US dollars.
Current Account | -33 |
Balance on goods | -394 |
Balance on services | 325 |
Balance on income | -28 |
Current transfers | 64 |
Capital Account | -1 |
Financial Account | -182 |
Direct investment abroad | -13 |
Direct investment in Austria | 266 |
Portfolio investment assets | 23 |
Portfolio investment liabilities | -143 |
Other investment assets | -289 |
Other investment liabilities | 338 |
Net Errors and Omissions | 83 |
Reserves and Related Items | -231 |
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