Mauritius import of Aluminium Bar Rods and Profiles remains down-sizing during 2018-20, expenditure kept rising

The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. Mauritius is ranked as the most competitive and one of the most developed economies in the African region. The major industries that contribute to the economy of nation are food processing (largely sugar milling), textiles, clothing; chemicals, metal products, transport equipment, nonelectrical machinery, tourism.

Mauritius import of aluminium bar rods and profiles has been showing down-turn during 2018-19, as the volume of import remained at 13,611 tonnes and the foreign revenue expended stood at $52.42 million. The forecasted import volume for 2020 has been analysed at 5584 tonnes and the expenditure to reach $46.73 million. However, when the analysed import volume and expenditure of 2020 is added with the existing two years it reflects 19,195 tonnes and $99.15 million respectively.

In 2018 the aluminium bar rods and profiles of Mauritius have been recorded at 7736 tonnes and the foreign revenue remained at $22.85 million, whereas in 2019 the import volume dipped by 24.05%, as the import volume stood at 5875 tonnes and expenditure rose to $29.57 million.

The aluminium bar rods and profiles import of the nation has been analysed with de-growth by 4.95% in 2020, as the export volume might reach to 5584 tonnes, while the expenditure to jump at $46.73 million.

The major exporting countries for Mauritius import of aluminium bar rods and profiles are China, Cyprus, France, Germany, etc.