Flag Mozambique / North Korea Flag

Exports FlagFlag  (2018): $2.08M, Rnk 61 / 125

Top Product FlagFlag (2018): $1.93M, Scrap Copper

Exports FlagFlag (2018): $7.81M, Rnk 3 / 82

Top Product FlagFlag (2018): $4.07M, Polyacetals

Economic Complexity of Flag (2018): ECI -1.1, Rnk 115 / 137

Economic Complexity of Flag (2018): ECI -0.27, Rnk 80 / 137

GDP Flag (2018): $14.7B, CURRENT US$
Rnk 123 / 196

GDP GROWTH Flag (2008-2018): 17%, CURRENT US$
Rnk 133 / 196

GDP PC Flag (2018): $499, CURRENT US$
Rnk 191 / 196

GDP PC GROWTH Flag (2008-2018): -11.6%, CURRENT US$
Rnk 170 / 196

Mozambique-North Korea: In 2018, Mozambique exported $2.08M to North Korea. The main products exported from Mozambique to North Korea were Scrap Copper ($1.93M), Scrap Aluminium ($63.3k), and Scrap Iron ($26.9k). During the last 18 years the exports of Mozambique to North Korea have increased at an annualized rate of 43.6%, from $3.09k in 2000 to $2.08M in 2018.

North Korea-Mozambique: In 2018, North Korea exported $7.81M to Mozambique. The main products exported from North Korea to Mozambique were Polyacetals ($4.07M), High-voltage Protection Equipment ($1.48M), and Iron Structures ($978k). During the last 18 years the exports of North Korea to Mozambique have increased at an annualized rate of 28.9%, from $81.2k in 2000 to $7.81M in 2018.

Comparison: In 2018, Mozambique ranked 115 in the Economic Complexity Index (ECI -1.1), and 97 in total exports ($8.01B). That same year, North Korea ranked 80 in the Economic Complexity Index (ECI -0.27), and 167 in total exports ($291M). In terms of GDP Per Capita, Mozambique was ranked 191 with a GDP Per Capita of $499, while North Korea has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Mozambique exported $2.08M to North Korea. The main products exported from Mozambique to North Korea were Scrap Copper ($1.93M), Scrap Aluminium ($63.3k), and Scrap Iron ($26.9k). During the last 18 years the exports of Mozambique to North Korea have increased at an annualized rate of 43.6%, from $3.09k in 2000 to $2.08M in 2018.

In 2018, North Korea exported $7.81M to Mozambique. The main products exported from North Korea to Mozambique were Polyacetals ($4.07M), High-voltage Protection Equipment ($1.48M), and Iron Structures ($978k). During the last 18 years the exports of North Korea to Mozambique have increased at an annualized rate of 28.9%, from $81.2k in 2000 to $7.81M in 2018.

Market Competitiveness

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Measure

Mozambique
Top Destination
: India, $1.76B

North Korea
Top Destination
: China, $182M

This map shows whether countries import more from Mozambique or North Korea. Each country is colored based on the difference in imports they receive from Mozambique and North Korea or the difference in the growth in imports.

In 2018, countries that imported more from Mozambique than North Korea were India ($1.76B), Netherlands ($1.17B), and South Africa ($1.16B).

In 2018, countries that imported more from North Korea than Mozambique were Saudi Arabia ($7.21M), Ghana ($5.69M), and Burkina Faso ($4.45M).

Comparative Advantage Mozambique - North Korea

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Depth

This chart compares trade between Mozambique and North Korea by product, considering products traded by both, Mozambique and North Korea.

During 2018, Mozambique had a large net trade with North Korea in the exports of Metals ($2.03M), Animal Products ($30.8k), and Chemical Products ($12.2k).

During 2018, North Korea had a large net trade with Mozambique in the exports of Plastics and Rubbers ($4.26M), Machines ($1.76M), and Metals ($1.01M).

Trade Forecasts

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This section shows a forecast for total trade between Mozambique and North Korea. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Mozambique has comparative advantage over North Korea. Similarly, the more red a dot/product is, the more North Korea has comparative advantage over Mozambique.