Trade Trend

In 2023, Mozambique's total export value is 8.28Billion USD, total import value is 10.09Billion USD, Deficit is -1.82Billion USD, and foreign trade dependency is 0.891. In 2023，Mozambique's top export products are Coal; briquettes, ovoids and similar solid fuels manufactured from coal(1.76Billion USD), Petroleum gases and other gaseous hydrocarbons(1.73Billion USD), Aluminium; unwrought(1.09Billion USD), top export destinations are India(1.29Billion USD), China(1.18Billion USD), South Africa(1.16Billion USD). In 2023, Mozambique's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(1.66Billion USD), Fluorides; fluorosilicates, fluoroaluminates and other complex fluorine salts(380.48Million USD), Rice(349.46Million USD), top import origins are South Africa(2.34Billion USD), China(1.55Billion USD), United Arab Emirates(1.04Billion USD).

Comparing to 2022, Mozambique's total export value decreased -22.90Million USD(-0.28%) in 2023, this could result from its export decreases of products such as Aluminium; unwrought(-544.07Million USD or -33.23%), Coke and semicoke; of coal, lignite or peat, whether or not agglomerated; retort carbon(-382.69Million USD or -45.17%), Coal; briquettes, ovoids and similar solid fuels manufactured from coal(-243.87Million USD or -12.16%) and export decreases to countries/economics such as United Kingdom(-585.72Million USD or -59.43%), India(-450.37Million USD or -25.81%), Pakistan(-114.54Million USD or -77.36%). Comparing to 2022, Mozambique's total import value increased 50.51Million USD(0.50%) in 2023, this could result from its import increases of products such as Tools, hand; spades, shovels, mattocks, picks, hoes, forks, rakes; axes, bill hooks etc; secateurs and pruners of any kind; scythes, sickles, hay knives, hedge shears, timber wedges and other tools used in agriculture, horticulture, forestry(151.73Million USD or 318.40%), Aluminium oxide (including artificial corundum); aluminium hydroxide(62.02Million USD or 127.83Thousands%), Commodities not specified according to kind(55.87Million USD or 1.44Thousands%), and its import increases from countries/economies such as China(490.83Million USD or 46.27%), Bahrain(268.45Million USD or 360.22%), Spain(94.33Million USD or 135.29%).

Cumulated to first 6 months of 2024, Mozambique's total export value is 3.96Billion USD, total import value is 5.37Billion USD, and tradedeficit is -1.42Billion USD. Cumulated to first 6 months of 2024, Mozambique's top export products are Coal; briquettes, ovoids and similar solid fuels manufactured from coal(1.06Billion USD), Petroleum gases and other gaseous hydrocarbons(785.84Million USD), Aluminium; unwrought(415.48Million USD), and top export destinations are India(802.72Million USD), China(643.45Million USD), South Korea(506.56Million USD). Cumulated to first 6 months of 2024, Mozambique's top import products are Coal; briquettes, ovoids and similar solid fuels manufactured from coal(1.06Billion USD), Petroleum gases and other gaseous hydrocarbons(785.84Million USD), Aluminium; unwrought(415.48Million USD), and top import origins areSouth Africa(2.14Billion USD), China(1.37Billion USD), India(565.64Million USD).