Mauritius: Economy — Infoplease.com

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Mauritius (Africa)

Encyclopedia—Mauritius

Economy

Mauritius has had one of the world's faster-growing economies since the early 1980s, in part because of its success in attracting foreign investors. Sugarcane is the chief crop, and it is grown on 90% of the country's arable land. Tea, flowers for the florist trade, and food crops are also grown, cattle and goats are raised, and there is a fishing industry. Since independence, the country has decreased its dependence on sugar, diversified its industrial base to include mining and manufacturing, and adopted free-trade economic policies. Financial services, data processing, and call centers provide increasing employment, and tourism is important. Clothing and textiles, sugar and molasses, cut flowers, and fish are the major exports. Manufactured goods, capital equipment, foodstuffs, petroleum products, and chemicals are imported. The country's chief trading partners are Great Britain, France, China, and the United States.

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