Mayotte Import Data

Mayotte Import/Export Overview and Domestic Market Assessment

Imports & Exports

• Top Trade Partners: Mayotte primarily trades with France, Tanzania, and Madagascar, reflecting its geographical location and colonial history.

• Imports: The top imports include machinery, vehicles, food products, and pharmaceuticals, accounting for over 60% of total imports.

• Exports: Mayotte's major exports are vanilla, cloves, and ylang-ylang, which together make up nearly 80% of total exports.

• Trade Balance: Mayotte experiences a significant trade deficit, largely due to its reliance on imported goods for consumption and development.

• Trade Policies: As an overseas department of France, Mayotte adheres to EU trade policies, which includes common external tariffs and trade agreements.

Domestic Market

• Consumer Spending: Consumer spending in Mayotte is constrained by high unemployment and the high cost of imported goods, affecting the purchasing power of the population.

• Interest Rates & Inflation: Inflation rates in Mayotte are influenced by global prices and currency fluctuations, leading to periodic increases in the cost of living.

• Supply Chain: Supply chain vulnerabilities are evident, particularly in essential goods where disruptions can lead to shortages and price spikes.

• Industry Performance: The tourism industry is a significant contributor to Mayotte's economy, alongside agriculture, particularly in vanilla and clove production.

Overall Outlook

Mayotte's economy faces challenges in balancing its trade deficit and managing inflation, yet opportunities exist in developing its agricultural exports and tourism sector. Strengthening local industries and diversifying the economy could improve economic resilience and prosperity.