Mozambique

ECON COMPLEXITY (2018)

-1.1

RANK 115 OF 137

PRODUCT EXPORTS (2018)

$8.01B

RANK 97 OF 222

EXPORTS PER CAPITA (2018)

$272

RANK 23 OF 219

PRODUCT IMPORTS (2018)

$10.3B

RANK 101 OF 221

IMPORTS PER CAPITA (2018)

$348

RANK 29 of 219

SERVICE EXPORTS (2018)

$779M

RANK 71 OF 88

SERVICE IMPORTS (2018)

$4.35B

RANK 44 OF 88

GDP (2018)

$14.7B

CURRENT US$
RANK 123 OF 196

GDP GROWTH (2008-2018)

17%

CURRENT US$
RANK 133 OF 196

GDP PC (2018)

$499

CURRENT US$
RANK 191 OF 196

GDP PC GROWTH (2008-2018)

-11.6%

Overview: In 2018 Mozambique was the number 123 economy in the world in terms of GDP (current US$), the number 97 in total exports, the number 101 in total imports, and the number 115 most complex economy according to the Economic Complexity Index (ECI). In 2018, Mozambique exported $8.01B and imported $10.3B, resulting in a negative trade balance of -$2.26B. In 2018, Mozambique’s exports per capita were $272 and its imports per capita were $348.

Trade: The top exports of Mozambique are Coal Briquettes ($1.6B), Raw Aluminium ($1.08B), Aluminium Bars ($1.05B), Coke ($958M), and Petroleum Gas ($425M). The top imports of Mozambique are Refined Petroleum ($1.32B), Chromium Ore ($614M), Aluminium Oxide($505M), Raw Aluminium ($445M), and Ferroalloys ($267M).

Destinations: Mozambique exports mostly to India ($1.76B), Netherlands ($1.17B), South Africa ($1.16B), Italy ($506M), and China($394M), and imports mostly from South Africa ($2.99B), China($1.55B), India ($715M), Netherlands ($537M), and Australia ($528M).

Location: Mozambique borders Malawi, South Africa, Tanzania, Zambia, and Zimbabwe by land and Comoros and Madagascar by sea.

Exports

In 2018 Mozambique exported a total of $8.01B, making it the number 97 exporter in the world. During the last five reported years the exports of Mozambique have changed by $523M from $7.49B in 2013 to $8.01B in 2018.

The most recent exports are led by Coal Briquettes ($1.6B), Raw Aluminium ($1.08B), Aluminium Bars ($1.05B), Coke ($958M), and Petroleum Gas ($425M).

Imports

In 2018 Mozambique imported $10.3B, making it the number 101 trade destination in the world. During the last five reported years the imports of Mozambique changed by -$566M from $10.8B in 2013 to $10.3B in 2018.

The most recent imports of Mozambique are led by Refined Petroleum ($1.32B), Chromium Ore ($614M), Aluminium Oxide ($505M), Raw Aluminium ($445M), and Ferroalloys ($267M).

Trade Balance

As of 2018 Mozambique had a positive trade balance of $584M in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $367M in net imports.

Destinations

The most common destination for the exports of Mozambique are India ($1.76B), Netherlands ($1.17B), South Africa ($1.16B), Italy ($506M), and China ($394M).

Origins

The most common import partners for Mozambique are South Africa ($2.99B), China ($1.55B), India ($715M), Netherlands ($537M), and Australia ($528M).