Being a small island economy with few natural resources, trade is extremely important for Mauritius. Trade comprised 80 percent of GDP in 1970, increasing to 130 percent in 1998.
Mauritius's main export markets are the European Union (notably the United Kingdom, France, and Germany)
Trade (expressed in billions of US$): Mauritius | ||
Exports | Imports | |
1975 | .298 | .330 |
1980 | .431 | .609 |
1985 | .436 | .523 |
1990 | 1.194 | 1.618 |
1995 | 1.538 | 1.976 |
1998 | 1.734 | 2.183 |
SOURCE: International Monetary Fund. International Financial Statistics Yearbook 1999. |
and the United States. Its imports come mainly from South Africa, India, the European Union, and China.
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