2023
Exports
$112MWorld Rnk 66 / 150
Flag Rnk 15 / 791
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$19.2kWorld Rnk 115 / 159
Flag Rnk 1009 / 1157
2023
ECONOMIC COMPLEXITY of Mozambique
-1.27Rnk 122 / 132

About

Exports In 2023, Mozambique exported $112M in Crude Petroleum, making it the 66th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 15th most exported product in Mozambique. The main destination of Crude Petroleum exports from Mozambique are: China ($41.9M), Malaysia ($38.2M), Bangladesh ($31.6M), and United Arab Emirates ($142).

The fastest growing export markets for Crude Petroleum of Mozambique between 2022 and 2023 were China ($41.9M), Malaysia ($38.2M), and Bangladesh ($31.6M).

Imports In 2023, Mozambique imported $19.2k in Crude Petroleum, becoming the 115th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1009th most imported product in Mozambique. Mozambique imports Crude Petroleum primarily from: United Arab Emirates ($11.7k), Portugal ($4k), and South Africa ($3.45k).

The fastest growing import markets in Crude Petroleum for Mozambique between 2022 and 2023 were South Africa ($2.95k).

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 Crude Petroleum. 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)$112M
IMPORTS (2023)$19.2k
NET TRADE (2023)$112M

In 2023, Mozambique exported $112M in Crude Petroleum. The main destinations of Mozambique exports on Crude Petroleum were China ($41.9M), Malaysia ($38.2M), Bangladesh ($31.6M), and United Arab Emirates ($142).

In 2023, Mozambique imported $19.2k in Crude Petroleum, mainly from United Arab Emirates ($11.7k), Portugal ($4k), and South Africa ($3.45k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Mozambique WERE (2022 - 2023):
China$41.9M (1%)
Malaysia$38.2M (1%)
Bangladesh$31.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Mozambique WERE (2022 - 2023):
Netherlands-$736 (-100%)
South Korea-$170 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mozambique's main exporting competitors in Crude Petroleum were:
In 2023, Mozambique's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $4.53k
TOP IMPORT POTENTIALUnited Arab Emirates+ $48.4k

Crude Petroleum’s highest export potential is Netherlands. With an export gap of $4.53k.   Crude Petroleum’s highest import potential is United Arab Emirates with an import gap of $48.4k.

See methodology.

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