The Brexit impact has left the Mauritius textile industry coiling as its exports to Britain are likely to face a decline of 10 per cent in quantity terms, states the country’s Export Association.
The major cause of the plunge is stated to be the fall in ‘consumerism level’ in the UK coupled with the depreciation of pound, the sob story shared by nearly all the major textile and garment exporters to the European Union (EU) and UK.
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EU is Mauritius’ largest trading partner, earning an annual average of US $ 722.77 million from goods shipments to the bloc. Britain also consumes a big chunk of Mauritian goods within the EU, accounting for 18 per cent of total exports to the region.
Textiles are Mauritius’ top export to the UK, followed by seafood and sugar.
