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Sub Saharan Africa

Comoros

 Flag of Comoros

Last reviewed: 10 July 2009

Country information

ECONOMY

Basic Economic Facts

GDP: US$467 million (2007 est.)
Annual growth: 0.5% (2008 est)
Annual inflation: 9.6% (2008 est.)
Major industries: agriculture, fishing, forestry
Main imports: rice, petroleum products
Main exports: vanilla, cloves, ylang-ylang (perfume oil), copra.
Major trading partners: Exports – France, USA, Singapore, Germany; imports – France, South Africa, Japan, Thailand, Indonesia, Singapore, China.
Exchange rate: GBP = 584.62 Comoros Francs (KMF). [The Comoran franc is pegged at 491.9677 Francs per Euro]

The main export crops are vanilla, cloves, and ylang-ylang, used in perfume manufacture. Services account for 56% of GDP, agriculture 40% and industry 4%. The economy has been badly hit by sharp declines in world prices for its export produce. There is a small fishing industry, a minimal industrial base devoted mainly to processing vanilla, and a developing tourist industry. France is Comoros' main trading partner, providing almost half of imports and taking two-thirds of its exports. Economic growth was hard-hit by low vanilla prices and reduced production in 2005.

IMF Country Reports - Comoros

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Contacts

Mauritius

Address:

British High Commission
Les Cascades Building
Edith Cavell Street
Port Louis
PO Box 1063

Telephone:

(230) 202 9400
(230) 252 8006 Duty Officer (in case of genuine emergency out of office hours)

Fax:

(230) 202 9408
(230) 202 9407 Consular/Visa

Email: bhc@intnet.mu

Office hours:

GMT:
Mon-Thurs: 0345-1145
Fri: 0345-0930

Local Time : GMT + 4 (Mauritius is normally 1 hour ahead of Comoros, but since the introduction of daylight saving time in Mauritius, there is 2 hours of a difference from November to March).

Out of hours, the Mauritius High Commission will give contact number.

Website: http://ukinmauritius.fco.gov.uk/en