2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$21BCURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP GROWTH
21.8%CURRENT US$
Rnk 134 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$623CURRENT US$
Rnk 189 / 196
2013-2023
Flag
GDP PC GROWTH
-9.25%CURRENT US$
Rnk 167 / 195

About

Portugal-Mozambique Trade: In 2023, Portugal exported $263M to Mozambique. The main products that Portugal exported to Mozambique were Packaged Medicaments ($22M), Other Plastic Products ($15.6M), and Insulated Wire ($11.1M). Over the past 5 years the exports of Portugal to Mozambique have increased at an annualized rate of 1.74%, from $241M in 2018 to $263M in 2023.

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

Mozambique-Portugal Trade: In 2023, Mozambique exported $41.1M to Portugal. The main products that Mozambique exported to Portugal were Crustaceans ($13.3M), Rough Wood ($11M), and Raw Sugar ($3.26M). Over the past 5 years the exports of Mozambique to Portugal have decreased at an annualized rate of 20.6%,  from $130M in 2018 to $41.1M in 2023.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Mozambique ranked 122 in the Economic Complexity Index (ECI -1.27), and 97 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $263M to Mozambique. The main products exported from Portugal to Mozambique were Packaged Medicaments ($22M), Other Plastic Products ($15.6M), and Insulated Wire ($11.1M). During the last 5 years the exports of Portugal to Mozambique have increased at an annualized rate of 1.74%, from $241M in 2018 to $263M in 2023.

In 2018, Mozambique exported $41.1M to Portugal. The main products exported from Mozambique to Portugal were Crustaceans ($13.3M), Rough Wood ($11M), and Raw Sugar ($3.26M). During the last 5 years the exports of Mozambique to Portugal have decreased at an annualized rate of 20.6%, from $130M in 2023 to $41.1M in 2018.

Exports from Portugal (Flag) to Mozambique (Flag) (2023)

Exports from Mozambique (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Mozambique
Top Destination
India$2.13B

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

In 2023, countries that imported more from Portugal than Mozambique included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Mozambique than Portugal included India ($2.13B), South Africa ($1.04B), and Thailand ($509M).

Difference in imports from Mozambique (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Mozambique

Flow
Scale

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

During 2023, Portugal had a large net trade with Mozambique in the exports of Machines ($78M), Chemical Products ($36.8M), and Plastics and Rubbers ($32.1M).

During 2018, Mozambique had a large net trade with Portugal in the exports of Animal Products ($15.2M), Wood Products ($11M), and Foodstuffs ($7.51M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Mozambique+$5.26MRefined Petroleum
Top Product Potential Mozambique Portugal+$429kRaw Tobacco

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

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

Product Space of Portugal (Flag) and Mozambique (Flag) (2023)

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