Mozambique (MOZ) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Mozambique-Vietnam Trade: In 2023, Mozambique exported $324M to Vietnam. The main products that Mozambique exported to Vietnam were Coal Briquettes ($244M), Coconuts, Brazil Nuts, and Cashews ($43.6M), and Ground Nuts ($21.7M). Over the past 5 years the exports of Mozambique to Vietnam have increased at an annualized rate of 34.5%, from $73.6M in 2018 to $324M in 2023.

In 2023, Mozambique did not export any services to Vietnam.

Vietnam-Mozambique Trade: In 2023, Vietnam exported $137M to Mozambique. The main products that Vietnam exported to Mozambique were Rice ($57.2M), Bedspreads ($16.6M), and Video Displays ($14M). Over the past 5 years the exports of Vietnam to Mozambique have increased at an annualized rate of 14.9%, from $68.5M in 2018 to $137M in 2023.

In 2023, Vietnam did not export any services to Mozambique.

Comparison: In 2023, Mozambique ranked 122 in the Economic Complexity Index (ECI -1.27), and 97 in total exports ($11.8B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mozambique exported $324M to Vietnam. The main products exported from Mozambique to Vietnam were Coal Briquettes ($244M), Coconuts, Brazil Nuts, and Cashews ($43.6M), and Ground Nuts ($21.7M). During the last 5 years the exports of Mozambique to Vietnam have increased at an annualized rate of 34.5%, from $73.6M in 2018 to $324M in 2023.

In 2018, Vietnam exported $137M to Mozambique. The main products exported from Vietnam to Mozambique were Rice ($57.2M), Bedspreads ($16.6M), and Video Displays ($14M). During the last 5 years the exports of Vietnam to Mozambique have increased at an annualized rate of 14.9%, from $68.5M in 2023 to $137M in 2018.

Exports from Mozambique () to Vietnam () (2023)

Exports from Vietnam () to Mozambique () (2023)

Latest Data

Trade between Mozambique () and Vietnam ()

Mozambique Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mozambique
Top DestinationIndia$2.13B

Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Mozambique than Vietnam included South Korea ($467M), Zimbabwe ($306M), and Croatia ($224M).

In 2023, countries that imported more from Vietnam than Mozambique included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam () and Mozambique () (2023)

Comparative Advantage Mozambique - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mozambique had a large net trade with Vietnam in the exports of Mineral Products ($244M), Vegetable Products ($67.8M), and Wood Products ($5.24M).

During 2018, Vietnam had a large net trade with Mozambique in the exports of Vegetable Products ($57.2M), Machines ($48.6M), and Textiles ($17.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mozambique Vietnam+$43MCoal Briquettes

Top Product Potential Vietnam Mozambique+$4.85MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Mozambique and Vietnam. This means that a dot/product with the flag of Mozambique indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Mozambique.

About

Historical Data

Bilateral Trade by Products

Exports from Mozambique () to Vietnam () (2023)

Exports from Vietnam () to Mozambique () (2023)

Latest Data

Trade between Mozambique () and Vietnam ()

Mozambique Exports

Market Competitiveness

Difference in imports from Vietnam () and Mozambique () (2023)

Comparative Advantage Mozambique - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mozambique () and Vietnam () (2023)

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