Mozambique2021 Economic Complexity Trade : -1.36, Rank 122 of 131
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2021 Economic Complexity Research : -0.16, Rank 75 of 140
2021 Product Exports | Imports: $8.5B | $16.7B, 105 of 226 | 87 of 226
2021 Per Capita Product Exports | Imports: $264 | $518, 181 of 219 | 178 of 219
Overview In 2021, Mozambique was the number 121 economy in the world in terms of GDP (current US$), the number 105 in total exports, the number 87 in total imports, the number 180 economy in terms of GDP per capita (current US$) and the number 122 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Mozambique are Coal Briquettes ($1.84B), Raw Aluminium ($1.47B), Gold ($474M), Petroleum Gas ($421M), and Electricity ($381M), exporting mostly to India ($1.41B), South Africa ($968M), China ($929M), Netherlands ($586M), and United Arab Emirates ($524M).
Imports The top imports of Mozambique are Special Purpose Ships ($2.57B), Refined Petroleum ($1.95B), Iron Ore ($916M), Chromium Ore ($597M), and Ferroalloys ($495M), importing mostly from South Africa ($4.23B), South Korea ($2.6B), China ($2.4B), India ($1.53B), and United Arab Emirates ($721M).
In 2021, Mozambique was the world's biggest importer of Special Purpose Ships ($2.57B) and Fluorides ($290M)
Location Mozambique borders Malawi, South Africa, Eswatini, Tanzania, Zambia, and Zimbabwe by land and Comoros and Madagascar by sea.
The following section uses the most recent trade data from partners of Mozambique.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Top Export (2021): Coal Briquettes, $1.84B
Top Destination (2021): India, $1.41B
In 2021, Mozambique exported a total of $8.5B, making it the number 105 exporter in the world. During the last five reported years the exports of Mozambique have changed by $3.17B from $5.33B in 2016 to $8.5B in 2021.
The most recent exports are led by Coal Briquettes ($1.84B), Raw Aluminium ($1.47B), Gold ($474M), Petroleum Gas ($421M), and Electricity ($381M). The most common destination for the exports of Mozambique are India ($1.41B), South Africa ($968M), China ($929M), Netherlands ($586M), and United Arab Emirates ($524M).
Fastest Growing Export Markets (2020 - 2021)
Fastest Growing Import Markets (2020 - 2021)
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).
Mozambique has a high level of specialization in Titanium Ore (309), Niobium, Tantalum, Vanadium and Zirconium Ore (158), Graphite (107), Aluminium Wire (83), and Precious Stones (77.5). 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 Fluorides; fluorosilicates, fluoroaluminates and other complex fluorine salts (0.15), Paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than paper of the kind described in heading 4803 (0.037), Aluminium; bars, rods and profiles (-0.2), Wooden frames; for paintings, photographs, mirrors or similar objects (-0.34), and Iron or steel (excluding cast iron); tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73 (-0.59). 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, were Manganese Ore (0.14), Tin Ores (0.13), Crude Petroleum (0.13), Cocoa Beans (0.12), and Uranium and Thorium Ore (0.11). 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 a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.
During the last 20 years Mozambique's economy has become relatively less complex, moving from the nullth to the 122nd 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.
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