Consulate of Mauritania
Montreal, Canada

Economy of Mauritania

Investments Banks Main Businesses Société Nationale Industrielle et Minière Non-governmental organizations of Mauritania For more information
Mauritanians in Canada
Rich in minerals, off shore petroleum reserves, halieutic resources and numerous touristy sites, Mauritania represents a country of opportunity for all investors. Moreover, thanks to the efforts and investments supported by public authorities, Mauritania has developed a climate of investment more than favorable, covering: freedom of establishment and investment, natural resources, road facilities, airports, skilled labor and political stability.

General data

Gross domestic product $CAN 3.02 milliards (est. 2006)
GDP per inhabitant $CAN 1044 (est. 2006)
Structure of the GDP agriculture: 25%, industries: 29%, services: 46%
Growth of the GDP 11,7 % (est. 2006)
Inflation 6,2 % (est. 2006)
National currency Ouguiya (UM)
Exchange rate 1 $CAN = 194, 8 UM (2007)
Unemployment rate 20% (2004 est.)
Natural resources Iron-ore, gypsum, fish, copper, phosphate, oil
Agriculture Dates, millet, sorghum, rice, corn, bovines, ovines, fishing products
Main industries Transformation of fish, extraction of iron-ore and gypsum

Commercial data

Main exports Iron-ore, fish and fishing produce, gold
Main imports Equipment, oil, food products and farming
Main export partners China 26.2%, Italy 11.8%, France 10.2%, Belgium 6.8%, Spain 6.7%, Japan 5.4%, Ivory Coast 4.6% (est. 2006)
Main import partners France 11.9%, China 8.2%, Belgium 6.8%, US 6.8%, Italy 5.9%, Spain 5.5%, Brazil 4% (est. 2006)
Canadian Exports to Mauritania $CAN 4 509 615. (est 2006.)
Canadian Imports to Mauritania $CAN 332 044 (est. 2006)
Canadian Exports Wheat, packaging
Canadian Imports Octopus, fresh fish, wood products other than softwood

Infrastructures & communication

Airports 25 (2007)
Railway 717 km
Roads 7.660 km
Main harbours Nouadhibou, Nouakchott

Industry Information

Mauritania has adopted various strategies to develop its industries such as : mining, agriculture and fishing and, recently, the service industry, particularly finances.

Mines & Oil

The mining and oil industries constitute 15% of the gross domestic product, which is equivalent to half of the trade balance and which contributes up to 9,4 billion of UM of the national budget. The mining industry, particularly oil, is the key industry of the Mauritanian economy.
La Société nationale industrielle et minière (SNIM) a largement participé au développement de ce secteur.
La Société nationale industrielle et minière (the national company of industries and mining – SNIM) has largely participated to the development of the mining industry. The web site of Ministère des affaires économiques et du développement (the Ministry of economic affairs and development) will provide all the necessary information concerning the mining industry (


The fishing industry is a blooming industry which owes its development to public authorities.

We invite you to consult the Web site of Ministère des affaires économiques et du développement ( ainsi que and of Ministère des pêches (the Ministry of Fisheries) (


The service industry has experienced recent developments, in sectors such as finance and tourism. We invite you to refer to the Web site of Ministère des affaires économiques et du développement ((


In addition to the main industries discussed above, Mauritania has emphasized its economic development on sectors, such as infrastructures, industries and new technology. You will obtain more information by visiting the following Web site of Ministère des affaires économiques et du développement (
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