2023
Exports
$1.64kWorld Rnk 112 / 127
Flag Rnk 629 / 791
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$540MWorld Rnk 26 / 125
Flag Rnk 4 / 1157
2023
ECONOMIC COMPLEXITY of Mozambique
-1.27Rnk 122 / 132

About

Exports In 2023, Mozambique exported $1.64k in Iron Ore, making it the 112th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 629th most exported product in Mozambique. The main destination of Iron Ore exports from Mozambique are: China ($1.19k) and India ($448).

The fastest growing export markets for Iron Ore of Mozambique between 2022 and 2023 were India ($448).

Imports In 2023, Mozambique imported $540M in Iron Ore, becoming the 26th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 4th most imported product in Mozambique. Mozambique imports Iron Ore primarily from: South Africa ($529M), Mauritius ($10.9M), Zimbabwe ($441k), Finland ($19k), and Marshall Islands ($8k).

The fastest growing import markets in Iron Ore for Mozambique between 2022 and 2023 were South Africa ($42.5M), Finland ($9.32k), and Marshall Islands ($8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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

Trade Balance

Color
EXPORTS (2023)$1.64k
IMPORTS (2023)$540M
NET TRADE (2023)-$540M

In 2023, Mozambique exported $1.64k in Iron Ore. The main destinations of Mozambique exports on Iron Ore were China ($1.19k) and India ($448).

In 2023, Mozambique imported $540M in Iron Ore, mainly from South Africa ($529M), Mauritius ($10.9M), Zimbabwe ($441k), Finland ($19k), and Marshall Islands ($8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Mozambique WERE (2022 - 2023):India$448 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Mozambique WERE (2022 - 2023):China-$5.33M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mozambique's main exporting competitors in Iron Ore were:
In 2023, Mozambique's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $9.43M
TOP IMPORT POTENTIALBrazil+ $7.02k

Iron Ore’s highest export potential is China. With an export gap of $9.43M.   Iron Ore’s highest import potential is Brazil with an import gap of $7.02k.

See methodology.

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