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1. Export Performance for the year 2013
There is no doubt that the export sector remains an important pillar of the Mauritian economy.
It represents around 6.2% of our GDP, generating some 55,000 jobs directly and some 150,000
jobs indirectly.
Our exports for the first 3 months 2013 witnessed a nominal increase of 1.2% from Rs 10.88
billion for the period Jan-Mar 2012 to around Rs 11.10 billion in same periods in 2013.
Fundamentally, this can be explained by the pick up in the US markets as well as the timid
recovery in the European market.
Indeed, the three months Jan-Mar 2013 recorded an increase in total exports to the traditional
markets. While total exports to the United Kingdom increased by 1.3%, exports within the Euro-
zone, that is, Germany & Netherlands increased by 28.47%, and 99.67% respectively. The
increase in exports to Netherlands is explained by the significant increase of 177% in exports of
fish from Rs 142 million in Jan-Mar 2012 to Rs 394 million in Jan-Mar 2013.
At the same time, our exports to South Africa and Madagascar have witnessed an increase of
3.9% and 2.3% respectively illustrating the shift of our exports from the conventional markets to
the region thereby reinforcing the diversification strategy adopted by the operators some years
back.
2. Product-Wise Performance
 Textile & Apparel:
Exports Textile & Apparel dropped by around 1.9% for the three months Jan-Mar 2013 in
comparison to same period in 2012.
 Pullover:
Exports of pullover grew significantly over the first 3 months 2013. The main operators in this
sector affirmed that the “prolonged-winter” season in Europe was the main factor which
contributed to the boost in exports of Pullovers.
While EU and South Africa, the two largest export markets occupies 60% and 20% share of the
export market respectively, the USA and Australia occupies the remaining 10% of export market
share.
The operators state that there is huge potential to further diversify to the US markets. However,
logistics and lead time remains the main stumbling point.
 T-shirts:
Export Made Clear…
Exports of T-shirts recorded a drastic drop of around 20% for the 3 months Jan-Mar 2013
compared to same period in 2012.
Indeed, operators who are more present on the EU markets rather than the South-African
markets have recorded a major decline in the exports of T-shirts during the first 3 months 2013
as compared to 2012. The operators report that this is mainly due to the seasonal effect, (the
prolonged-winter) whereby demand for t-shirts has declined as opposed to that of pullovers.
Nevertheless, it is worth noting that the diversification strategy which had been adopted by the
operators has shown its strengths, especially with the Euro Crisis effect. Notwithstanding the
fact that on average, 50% exports of T-shirts is directed towards the EU market, South-Africa
represents 30% share of the export market.
On the other hand, exports of T-shirts to USA are insignificant given the presence of our direct
competitors like China and Bangladesh on this market.
 Fabrics:
2012 saw a drop of 19.21% in exports of fabrics in comparison to 2011 due to increasingly high
price of cotton. On a positive note, the first three months 2013 have been more favorable
signaling an upward trend in exports of fabrics. Exports of yarn and fabrics (jersey cotton &
denim) went up by 1.42% from 641 million in Jan-Mar 2013 as compared to 632 million in Jan-
Mar 2012.
Our traditional markets of exports are EU and USA. However, while the EU markets remained
unstable, the USA has had more prospects in terms of orders. Moreover, despite strong price
competition from Asia, trade agreements signed with other countries such as Turkey & Pakistan
has given a strong boost to the exports of fabrics.
South Africa also is a market which is being exploited by our operators. Indeed, the exports of
“knitted/crocheted” cotton fabrics to South Africa reached its peak at around Rs 23 million in
2012 as compared to Rs 690,000 in 2011.
 Trousers:
Exports of trousers have been quite favorable for first 3 months 2013 as compared to previous
year. We noted an increase of around 3% in exports of trousers during this period. While the
main markets of exports are USA and EU, some companies have diversified their exports to
South Africa.
 Shirts:
In contrast with exports of T-shirts, the exports of Shirts for the period Jan-Mar 2013 has
increased considerably. One of the main factors contributing to this increase is the expansion of
the largest shirt manufacturer in Mauritius, Esquel (Mauritius) Ltd who have expanded their
Export Made Clear…
production capacity through the acquisition of a new factory. It is to be noted that the USA
remains their main market of exports.
Moreover, the other operators in this category have recorded a stable performance in the
exports of shirts. They affirm that the European markets for shirts have stabilized and they have
regained confidence from a base of clientele through rigorous marketing strategies.
While USA remains the second largest market for shirts, the export trend in South Africa is
significantly picking up.
 Seafood:
A positive performance of around 12% was noted in exports of fish and fish preparation for the
two months Jan-Feb 2013. The allocation of the automatic derogation (tuna) in January 2013
highly contributed to this increase since it enabled the sourcing of additional non-originating
fish.
EU is the main export market for fish and fish products, including countries like Spain,
Netherlands and UK.
However, it should be noted that the real increase in exports of fish and fish preparation for Jan-
Mar 2013 is only around 6%. This indicates the significant price effect of raw materials which is
indeed on the high side. Moreover, despite the allocation of automatic derogation, the
operators are still suffering from shortage in supply of raw fish.
 Jewellery, Watch & Diamond (J&W&D):
Despite the volatility in the price of raw materials, such as gold, silver and diamonds, the exports
Jewellery, Watch, & Diamond products have witnessed an increase of around 10% for the
months Jan-Feb 2013 as compared to same period in 2013.
EU remains the main export market for the J&W&D sector. Yet the operators are experiencing
more and more difficulty in retaining their “Clientèle”. This is mainly because Mauritius
produces more of the “Moyenne-de-gamme” products whilst there is more demand for the
“Haut-de-Gamme” luxury products.
Some companies are hereby exploring other markets like the Middle-East as well as the USA.
In a nutshell, it can be said that Mauritian exports is gradually adapting to the crisis in the Euro-
Zone and is striving to uphold its main markets. At the same time, it is capitalizing on the US
markets, and to a certain extent it is strategically diversifying to South Africa as well as the
Middle-East countries.
Export Made Clear…
Looking ahead, although the major risks to the global stance has somewhat lessened from
earlier crisis, our key export markets, particularly in Europe, continue to be marked by
vulnerability and uncertainty. Thus, apprehensions over the short to medium term performance
of the export sector still remain.
The future of our export industry will be determined on how quickly and how well we identify
alternative markets for our goods and services. Regional integration of Mauritius as a reliable
supplier of goods and services will be key to the future of the export sector.
Export Made Clear…

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Mauritius - Export made clear (by Mexa)

  • 1. 1. Export Performance for the year 2013 There is no doubt that the export sector remains an important pillar of the Mauritian economy. It represents around 6.2% of our GDP, generating some 55,000 jobs directly and some 150,000 jobs indirectly. Our exports for the first 3 months 2013 witnessed a nominal increase of 1.2% from Rs 10.88 billion for the period Jan-Mar 2012 to around Rs 11.10 billion in same periods in 2013. Fundamentally, this can be explained by the pick up in the US markets as well as the timid recovery in the European market. Indeed, the three months Jan-Mar 2013 recorded an increase in total exports to the traditional markets. While total exports to the United Kingdom increased by 1.3%, exports within the Euro- zone, that is, Germany & Netherlands increased by 28.47%, and 99.67% respectively. The increase in exports to Netherlands is explained by the significant increase of 177% in exports of fish from Rs 142 million in Jan-Mar 2012 to Rs 394 million in Jan-Mar 2013. At the same time, our exports to South Africa and Madagascar have witnessed an increase of 3.9% and 2.3% respectively illustrating the shift of our exports from the conventional markets to the region thereby reinforcing the diversification strategy adopted by the operators some years back. 2. Product-Wise Performance  Textile & Apparel: Exports Textile & Apparel dropped by around 1.9% for the three months Jan-Mar 2013 in comparison to same period in 2012.  Pullover: Exports of pullover grew significantly over the first 3 months 2013. The main operators in this sector affirmed that the “prolonged-winter” season in Europe was the main factor which contributed to the boost in exports of Pullovers. While EU and South Africa, the two largest export markets occupies 60% and 20% share of the export market respectively, the USA and Australia occupies the remaining 10% of export market share. The operators state that there is huge potential to further diversify to the US markets. However, logistics and lead time remains the main stumbling point.  T-shirts: Export Made Clear…
  • 2. Exports of T-shirts recorded a drastic drop of around 20% for the 3 months Jan-Mar 2013 compared to same period in 2012. Indeed, operators who are more present on the EU markets rather than the South-African markets have recorded a major decline in the exports of T-shirts during the first 3 months 2013 as compared to 2012. The operators report that this is mainly due to the seasonal effect, (the prolonged-winter) whereby demand for t-shirts has declined as opposed to that of pullovers. Nevertheless, it is worth noting that the diversification strategy which had been adopted by the operators has shown its strengths, especially with the Euro Crisis effect. Notwithstanding the fact that on average, 50% exports of T-shirts is directed towards the EU market, South-Africa represents 30% share of the export market. On the other hand, exports of T-shirts to USA are insignificant given the presence of our direct competitors like China and Bangladesh on this market.  Fabrics: 2012 saw a drop of 19.21% in exports of fabrics in comparison to 2011 due to increasingly high price of cotton. On a positive note, the first three months 2013 have been more favorable signaling an upward trend in exports of fabrics. Exports of yarn and fabrics (jersey cotton & denim) went up by 1.42% from 641 million in Jan-Mar 2013 as compared to 632 million in Jan- Mar 2012. Our traditional markets of exports are EU and USA. However, while the EU markets remained unstable, the USA has had more prospects in terms of orders. Moreover, despite strong price competition from Asia, trade agreements signed with other countries such as Turkey & Pakistan has given a strong boost to the exports of fabrics. South Africa also is a market which is being exploited by our operators. Indeed, the exports of “knitted/crocheted” cotton fabrics to South Africa reached its peak at around Rs 23 million in 2012 as compared to Rs 690,000 in 2011.  Trousers: Exports of trousers have been quite favorable for first 3 months 2013 as compared to previous year. We noted an increase of around 3% in exports of trousers during this period. While the main markets of exports are USA and EU, some companies have diversified their exports to South Africa.  Shirts: In contrast with exports of T-shirts, the exports of Shirts for the period Jan-Mar 2013 has increased considerably. One of the main factors contributing to this increase is the expansion of the largest shirt manufacturer in Mauritius, Esquel (Mauritius) Ltd who have expanded their Export Made Clear…
  • 3. production capacity through the acquisition of a new factory. It is to be noted that the USA remains their main market of exports. Moreover, the other operators in this category have recorded a stable performance in the exports of shirts. They affirm that the European markets for shirts have stabilized and they have regained confidence from a base of clientele through rigorous marketing strategies. While USA remains the second largest market for shirts, the export trend in South Africa is significantly picking up.  Seafood: A positive performance of around 12% was noted in exports of fish and fish preparation for the two months Jan-Feb 2013. The allocation of the automatic derogation (tuna) in January 2013 highly contributed to this increase since it enabled the sourcing of additional non-originating fish. EU is the main export market for fish and fish products, including countries like Spain, Netherlands and UK. However, it should be noted that the real increase in exports of fish and fish preparation for Jan- Mar 2013 is only around 6%. This indicates the significant price effect of raw materials which is indeed on the high side. Moreover, despite the allocation of automatic derogation, the operators are still suffering from shortage in supply of raw fish.  Jewellery, Watch & Diamond (J&W&D): Despite the volatility in the price of raw materials, such as gold, silver and diamonds, the exports Jewellery, Watch, & Diamond products have witnessed an increase of around 10% for the months Jan-Feb 2013 as compared to same period in 2013. EU remains the main export market for the J&W&D sector. Yet the operators are experiencing more and more difficulty in retaining their “Clientèle”. This is mainly because Mauritius produces more of the “Moyenne-de-gamme” products whilst there is more demand for the “Haut-de-Gamme” luxury products. Some companies are hereby exploring other markets like the Middle-East as well as the USA. In a nutshell, it can be said that Mauritian exports is gradually adapting to the crisis in the Euro- Zone and is striving to uphold its main markets. At the same time, it is capitalizing on the US markets, and to a certain extent it is strategically diversifying to South Africa as well as the Middle-East countries. Export Made Clear…
  • 4. Looking ahead, although the major risks to the global stance has somewhat lessened from earlier crisis, our key export markets, particularly in Europe, continue to be marked by vulnerability and uncertainty. Thus, apprehensions over the short to medium term performance of the export sector still remain. The future of our export industry will be determined on how quickly and how well we identify alternative markets for our goods and services. Regional integration of Mauritius as a reliable supplier of goods and services will be key to the future of the export sector. Export Made Clear…