Mauritius, Madagascar to develop synergy to boost textile exports

A Malagasy delegation of industry representatives and officials recently visited Mauritius to discuss various issues to boost their trade and commerce activities. Following a meeting with the delegation in Port Louis, Mauritian minister of international trade, Alan Ganoo, said that there is a need to further strengthen the bilateral cooperation between the two nations, more so given the current global situation.

He observed that the two countries are not competitors but are rather complementary and it is therefore necessary to continue to develop the existing synergy at the level of industrialisation and textile.

Under a Memorandum of Understanding signed in 2019, Madagascar has made available to Mauritius some 80 hectares of land in Moramanga for the setting-up of a textile centre.

Mauritius had exported apparel worth $357.668 million to the world during April 2021-March 2022. The annual export of home textiles was $6.312 million in the same period. Apparel export from Mauritius was $99.189 million in fourth quarter 2021 and $112.678 million in third quarter 2021. Quarterly export of home textiles from Mauritius was between $1-2 million since fourth quarter 2020, according to Fibre2Fashion’s market insight tool TexPro.

Madagascar had exported apparel worth $838.141 million during April 2021-March 2022. The US, France, South Africa, Germany and United Kingdom were the top five geographies for the export. Madagascar had exported 75 per cent of its apparels to these countries. The export of home textiles was $6.052 million in the same period, as per TexPro. 

Fibre2Fashion News Desk (KUL)