As a least-developed country (LDC), Mauritania is a beneficiary of the EU's "Everything but Arms" (EBA) arrangement. The World Bank classifies Mauritania as a lower middle-income economy with a per-capita income of $2,083 in 2024. Total EU imports from Mauritania amounted to about €646 million in 2024, and preferential imports to €400 million.
The EBA arrangement covers all LDCs as classified by the United Nations. This arrangement enables duty-free and quota-free access for all products originating in LDCs except for arms and ammunition. Unlike beneficiaries of the Standard GSP and GSP+, LDCs are not excluded from the scheme if they benefit from other preferential arrangements or agreements with the EU.
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Mauritania is an important producer of mineral products. About 28% (2024) of Mauritania’s exports are accounted for by iron ore, which makes the country one of the world’s leading exporters of the commodity. More important still in terms of value are gold exports. Mauritania also possesses copper, silver and crude oil reserves and explorations are still ongoing.
Mauritania's important export products are gold and ores (mostly iron and some copper) but also molluscs, frozen fish, and fish products (oil, flour, pellets etc.).
Mauritania's top trading partners are the EU, China, and the UAE. Most of Mauritania's exports go to Canada and China (23% of total exports each, in 2024), followed by the EU. Most imports originate from the EU (37%), the UAE (18%), and China (7%).
Mauritania's economy benefits from the country's resource wealth, mineral deposits, and richness of fishing ground off the coast in particular. The exploitation of iron ore and copper is a cornerstone of the external sector. The majority of the population is active in the agricultural sector, mainly livestock raising, as only about 0.5% of the land is arable.
About 62% of EU total imports from Mauritania made use of EBA preferences in 2024. The preference utilisation rate, which represents the ratio of preferential imports to GSP eligible imports, has consistently been very high (96% in 2024).
Total trade with the EU amounted to € 2.3 billion in 2024. The EU is Mauritania's top trading partner, accounting for 27% of the country's total trade. It ranks first as a source of imports (37% of the country's imports come from the EU) and third as an export destination (16%).
Share of Mauritania's exports to the EU that were eligible for EBA preferences in 2024.
Mauritania's preference utilisation rate in 2024.
Share of zero-duty imports from Mauritania in 2024.
Except for a dip in the COVID-19 years 2020 and 2021, EU imports of EBA preference eligible products from Mauritania showed a positive trend until 2024. Mauritania belongs to the GSP beneficiaries that take the most advantage of the scheme across all three arrangements. The country’s preference utilisation rate has consistently stood above 90% (96% in 2024).
Exports of fish and crustaceans are the major product group that taking advantage of the preferences granted under the EBA. Nevertheless, EU preferential of fruit and vegetables rapidly increased from 2022 to 2022, with their share expanding from almost zero to 6%.
The preferential access to the EU market granted by the EBA scheme is not bound to the ratification of international conventions. Nevertheless, Mauritania has a high level of ratification of international conventions. The country has ratified 14 out of 15 fundamental conventions on human rights and labour standards listed in the GSP Regulation, as well as all 12 conventions on environmental protection and good governance.
Access all info about EU-Mauritania relations on the International Partnerships website.