Mauritius Textile Industry Seeks To Enter South Africa Market Opportunity

< p > in the southwestern part of the India ocean, there is an island country in the more than 2000 km away from the African continent. It is incomparable with the large scale of textile, a, target=, _blank, href=, and so on, no matter in the scale of a target=, _blank, href=, http://www.91se91.com/, textile, /a, garment industry, total export volume or population. However, its annual export volume of textile and clothing per person is 4 times that of China and 10 times that of Pakistan. This island country is known as "the Pearl and key of India ocean", known as Mauritius. For a long time, Europe has been Mauritius's largest trading partner. Facing the continuing sluggish market brought by the slow economic growth in Europe, Mauritius's textile and garment enterprises began to look at a new market -- South Africa. < /p >
< p > < strong > per capita < a href= "http:// www.91se91.com/news/index_c.asp" > textile export < /a > amounting to 662 US dollars < /strong > /p >
< p > "God created Mauritius first, and then created the garden of Eden". American writer Mark and Twain describe this beautiful country. Mauritius is an uninhabited desert island. Agriculture, forestry, animal husbandry and fishing are the key industries in the country, followed by manufacturing. In 2011, Mauritius's manufacturing output accounted for 17.7% of GDP in the country, which was higher than that of real estate, leasing, financial services and other industries. According to the data published in the guide to foreign investment cooperation issued by the Ministry of Commerce of China, in 2011, the export volume of clothing products in Mauritius was 25 billion 621 million rupees (about 854 million US dollars), accounting for 39.6% of the total merchandise exports, ranking the top of export commodities. If per capita, Mauritius's textile exports per capita will reach US $662 per year, which is more than doubled in some developed countries of textile manufacturing. < /p >
< p > < strong > regional preferential policies bring business opportunities < /strong > /p >
Less than P in 2010, about 63.4% of Mauritius's products were exported to Europe, and the EU has long been Mauritius's largest trading partner. The continued financial crisis and the weakness of European markets prompted Mauritius's textile a href= "http://www.91se91.com" > garment enterprise /a to shift its focus to South Africa. < /p >
< p > it is understood that Mauritius is closely related to South Africa. Mauritius is a member of the southern African Development Community (SADC) and the southeast African Common Market (COMESA). It signed a double taxation agreement with South Africa and an agreement on investment promotion and protection. In 1994, it signed a new agreement to avoid double taxation. Today, Mauritius has become the second largest textile and garment country exported to South Africa after the European Union. According to the latest data, the export volume of textile and clothing exported to India by South African island Mauritius in 2010 was 3 billion 500 million rupees, 4 billion 600 million rupees in 2011, and 6 billion 200 million rupees in 2012. "From 2012~2013, within a year, the total export volume of Mauritius's textile enterprises to South Africa increased by 1 billion 600 million rupees." Daniel Huang, permanent director of the Mauritius Export Association, pointed out. "The slow economic growth in Europe has already had a negative impact on our textile and garment exports. Local entrepreneurs will focus on the development trend of the South African market. Textile and garment exporters should take advantage of this market by increasing their popularity." Daniel Wong said. < /p >
< p > "the South African market is expanding step by step, and the direct benefit is the local" a href= "http://www.91se91.com" textile enterprise < /a >. Ahmed Pekka, director of Star knitting enterprise, a leading clothing group in Mauritius, said. This family owned company has 1600 employees, and 45% of its products are exported to South Africa. Today, the company's annual clothing output has reached 15 million. "As a member of the South African development community, Mauritius's textile and clothing exports to South Africa can be duty-free, which has more advantages than other countries." Said Parker. < /p >
< p > > strong > region shows the advantage of logistics convenience > /strong > /p >
< p > Mauritius and Madagascar, an African island country, are conveniently located on the sea. "At the same time, we also have the advantage of short delivery date, which can deliver the goods to the local market in a very short time. The goods can arrive in Johannesburg in 4 hours by air." Said Parker. Last year, the company's turnover amounted to $2 million 860 thousand. < /p >
< p > Mauritius's Floreal < a href= "http://www.91se91.com > > knitwear < /a > CEO Jean Baptiste de said South Africa has been the focus of the company's development. Floreal has been exporting to the South African market for many years. He said: "Mauritius is a subtropical marine climate, from November to April the next year is summer. The late winter season has given us the opportunity to export to the South African market, because South Africa is more or less a seasonal market, and even when Europe is still in the winter season, our enterprises can still operate normally. < /p >
< p > Ciel textile company is an integrated textile and clothing business group, which includes 17 branches, and its business is distributed in Mauritius, Madagascar, Bangladesh and India. At present, 20% of the group's products are exported to the South African market. DeSp Ville, head of Ciel, believes that the proportion of products exported to South Africa will continue to rise in the future. < /p >
< p > Mauritius does not have the unique conditions for Pakistan to produce cotton, but its < a href= "http://www.91se91.com" > textile > /a > garment processing industry is developing at a speed of germination, and has maintained rational analysis and prediction. When referring to the current market trend, some industry data show that South Africa itself is also an emerging market, and there are many uncertain factors for future development. As a resource rich economy, the activity of the South African market is deeply influenced by the global economic market. In particular, the South African Rand's depreciation compared with the global mainstream currency will reduce the profits of many exporters. Despite hidden risks, some Mauritius enterprises are firmly shifting to this market. PALMAR group in southern Mauritius has been exporting all its products to South Africa for many years, trying to seize the opportunity in this emerging market. < /p >