International trade in services

International Trade in Services

Over the last four decades, Mauritius has undergone remarkable structural transformation, with the relative importance of the agricultural sector declining significantly and that of manufacturing and service sectors increasing considerably. Faced with the challenge of adjusting to the phasing out of trade preferences in sugar, the country has successfully transformed itself from a low-income economy based on agriculture to a middle-income diversified economy with the services sector playing a more important and vibrant economic role.
 Services matter for continued development in Mauritius for a variety of reasons. Three key reasons are as follows: first, as an avenue for export diversification; second, as an input into the production of goods and services; and third, as a significant contributor to employment.

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Source: United Nations Service Trade Statistics Database 2015