Overview In December 2022, China exported $352M and imported $115M from Mozambique, resulting in a positive trade balance of $237M. Between December 2021 and December 2022 the exports of China have increased by $99.9M (39.6%) from $252M to $352M, while imports increased by $27.7M (31.7%) from $87.4M to $115M.
Trade In December 2022, the top exports of China to Mozambique were Coated Flat-Rolled Iron ($13.9M), Rubber Footwear ($5.51M), Vaccines, blood, antisera, toxins and cultures ($5.26M), Telephones ($4.84M), and Rubber Tires ($4.68M). In December 2022 the top imports of China from Mozambique were Titanium Ore ($86.6M), Ferroalloys ($36.4M), Other Oily Seeds ($31.9M), Rough Wood ($15.1M), and Coal Briquettes ($15.1M).
Origins In December 2022 the exports of China were mainly from Beijing ($74.1M), Shandong Province ($64M), Zhejiang Province ($48.6M), Guangdong Province ($34.4M), and Hunan Province ($25M), while imports destinations were mainly Henan Province ($34.3M), Chongqing ($25.7M), Jiangsu Province ($11.2M), Guangdong Province ($8.45M), and Hainan Province ($8.37M).
Growth In December 2022, the increase in China's year-by-year exports to Mozambique was explained primarily by an increase in product exports in Coated Flat-Rolled Iron ($9.9M or 250%), Vaccines, blood, antisera, toxins and cultures ($5.25M or 28k%), and Vinyl Chloride Polymers ($3.22M or 283%). In December 2022, the increase in China's year-by-year imports from Mozambique was explained primarily by an increase in product imports in Titanium Ore ($65.2M or 304%), Other Oily Seeds ($27.1M or 574%), and Niobium, Tantalum, Vanadium and Zirconium Ore ($9.4M or 211%).