HS Icon Iron Ore in  Flag Mozambique

2020
Exports | Imports
: $76.1k | $423M, World Rnk 79 / 115
Flag Rnk 282 / 834 | World Rnk 26 / 124
Flag Rnk 3 / 1159

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $75.6k | $13.2M, India |  South Africa

2020
ECONOMIC COMPLEXITY of Mozambique
: -1.24, Rnk 114 / 127

2020
PRODUCT COMPLEXITY  IN Iron Ore
: -1.76, Rnk 986 / 1029

Exports In 2020, Mozambique exported $76.1k in Iron Ore, making it the 79th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 282nd most exported product in Mozambique. The main destination of Iron Ore exports from Mozambique are: India ($75.6k) and China ($513).

The fastest growing export markets for Iron Ore of Mozambique between 2019 and 2020 were India ($75.6k) and China ($513).

Imports In 2020, Mozambique imported $423M in Iron Ore, becoming the 26th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 3rd most imported product in Mozambique. Mozambique imports Iron Ore primarily from: South Africa ($418M), Mauritius ($3.25M), Zimbabwe ($1.76M), Saudi Arabia ($5.84k), and Finland ($4.3k).

The fastest growing import markets in Iron Ore for Mozambique between 2019 and 2020 were South Africa ($13.2M), Mauritius ($3.25M), and Zimbabwe ($456k).

Tariffs In 2018, the average tariff for Mozambique in Iron Ore was 2.38%. The countries with the highest import tariffs for Iron Ore were Burundi (Most Favoured Nation duty rate treatement, 2.5%), Benin (Most Favoured Nation duty rate treatement, 2.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 2.5%), Central African Republic (Most Favoured Nation duty rate treatement, 2.5%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 2.5%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Iron Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $76.1k

IMPORTS (2020): $423M

NET TRADE (2020): -$423M

In 2020, Mozambique exported $76.1k in Iron Ore. The main destinations of Mozambique exports on Iron Ore were India ($75.6k) and China ($513).

In 2020, Mozambique imported $423M in Iron Ore, mainly from South Africa ($418M), Mauritius ($3.25M), Zimbabwe ($1.76M), Saudi Arabia ($5.84k), and Finland ($4.3k).

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THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Mozambique WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Mozambique WERE (2019 - 2020):

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Market Concentration

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In 2020, Mozambique's main exporting competitors in Iron Ore were:

In 2020, Mozambique's main importing competitors in Iron Ore were:

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