The economy is entirely traditional and rural, based on livestock and agriculture. Sorghum, beans, yams, corn and cotton are the main agricultural products of the country. The majority of the work force in Mauritania is engaged in subsistence farming. Most food products are consumed domestically and Mauritania is a net importer of foodstuffs. The most important sector of the economy is based on the rich fishing waters that lie off the Atlantic coast. Other income sources include salt and gum arabic. The natural resources are iron ore, gypsum, gold, copper and phosphate. Mauritania is the world’s thirteenth largest producer of iron ore. Primary energy resources consist of fuel wood and small-scale thermal electricity.
| GDP at Current Market Prices: |
1238.95 million US$ (2004) |
| Per Capita GDP: |
414.06 US$ (2004) |
| Share of Sectors in GDP: |
19.90% Agriculture, 30.0% Industry, 51.0% Services, (2003) |
| Total Exports: |
367.71 million US$ (2003) |
| Total Imports: |
- million US$ (2004) |
| Major Exports Items: |
Fish and fish products, gold and iron ore |
| Major Imports Items: |
Foodstuffs, consumer goods and petroleum products |
| Major Trading Partners: |
France, Spain, Italy and Belgium |
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