Mozambique2019 Economic Complexity : -1.22, Rank 131 of 146
2019 Product Exports | Imports: $5.66B | $11.7B, 111 of 225 | 92 of 225
2019 Per Capita Product Exports | Imports: $186 | $384, 182 of 219 | 185 of 219
2019 Service Exports | Imports : $931M | $2.82B, 55 of 69 | 44 of 69
Overview In 2019 Mozambique was the number 121 economy in the world in terms of GDP (current US$), the number 111 in total exports, the number 92 in total imports, the number 183 economy in terms of GDP per capita (current US$) and the number 131 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Mozambique are Coal Briquettes ($1.37B), Raw Aluminium ($983M), Petroleum Gas ($361M), Raw Tobacco ($292M), and Electricity ($288M), exporting mostly to South Africa ($918M), India ($733M), China ($652M), Italy ($399M), and United Arab Emirates ($272M).
Imports The top imports of Mozambique are Refined Petroleum ($2.57B), Chromium Ore ($574M), Iron Ore ($407M), Aluminium Oxide ($343M), and Electricity ($316M), importing mostly from South Africa ($3.65B), India ($2.14B), China ($1.96B), Zimbabwe ($354M), and Australia ($352M).
Location Mozambique borders Malawi, South Africa, Eswatini, Tanzania, Zambia, and Zimbabwe by land and Comoros and Madagascar by sea.
Top Export (2019): Coal Briquettes, $1.37B
Top Destination (2019): South Africa, $918M
In 2019, Mozambique exported a total of $5.66B, making it the number 111 exporter in the world. During the last five reported years the exports of Mozambique have changed by -$1.86B from $7.52B in 2014 to $5.66B in 2019.
The most recent exports are led by Coal Briquettes ($1.37B), Raw Aluminium ($983M), Petroleum Gas ($361M), Raw Tobacco ($292M), and Electricity ($288M). The most common destination for the exports of Mozambique are South Africa ($918M), India ($733M), China ($652M), Italy ($399M), and United Arab Emirates ($272M).
Top Import (2019): Refined Petroleum, $2.57B
Top Origin (2019): South Africa, $3.65B
In 2019 Mozambique imported $11.7B, making it the number 92 trade destination in the world. During the last five reported years the imports of Mozambique changed by -$916M from $12.6B in 2014 to $11.7B in 2019.
The most recent imports of Mozambique are led by Refined Petroleum ($2.57B), Chromium Ore ($574M), Iron Ore ($407M), Aluminium Oxide ($343M), and Electricity ($316M). The most common import partners for Mozambique are South Africa ($3.65B), India ($2.14B), China ($1.96B), Zimbabwe ($354M), and Australia ($352M).
Mozambique Exports Services (2019): $931M
Mozambique Imports Services (2019): $2.82B
In 2019, Mozambique exported $931M worth of services. The top services exported by Mozambique in 2019 were Transportation ($601M), Personal travel ($252M), Insurance services ($27.2M), Other business services ($24.9M), and Computer and information services ($23.2M).
The top services imported by Mozambique in 2019 were Other business services ($1.21B), Transportation ($630M), Construction services ($343M), Financial services ($273M), and Insurance services ($165M).
The top product import tariffs by their MFN Ad Valorem value for Mozambique are Acrylic & vinyl polymer based paint, varnish, in wate (20%) and Acrylic or vinyl polymer paint or varnish, non-aqueou (20%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Mozambique are:
Mozambique has a high level of specialization in Graphite (406), Titanium Ore (284), Niobium, Tantalum, Vanadium and Zirconium Ore (182), Raw Tobacco (87.4), and Aluminium Wire (85.3). Specialization is measured using RCA, an index that takes the ratio between Mozambique observed and expected exports in each product.
The highest complexity exports of Mozambique according to the product complexity index (PCI) are Railway and tramway track material of iron or steel (0.51), Wind musical instruments nes (brass, wood,bagpipes) (0.47), Aluminium powders and flakes (0.21), Fluorides and complex fluorine salts (0.043), and Tube, pipe of iron or steel, except seamless > 406.4mm (-0.42). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Mozambique according to the relatedness index, are Crude Petroleum (0.12), Manganese Ore (0.12), Tin Ores (0.12), Uranium and Thorium Ore (0.1), and Insect Resins (0.099). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Mozambique is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
During the last 16 years Mozambique's economy has become relatively less complex, moving from the 100th to the 131st position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.