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2022
Economic Complexity
Trade -1.18Rank 119 of 133
2022
Economic Complexity
Research -0.4Rank 77 of 135
2022
Product
Exports | Imports $11.7B | $23.1B99 of 226 |  81 of 226
2022
Per Capita Product
Exports | Imports $354 | $701146 of 220 |  173 of 220

About

Overview In 2022, Mozambique was the number 122 economy in the world in terms of GDP (current US$), the number 99 in total exports, the number 81 in total imports, the number 180 economy in terms of GDP per capita (current US$) and the number 119 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Mozambique are Coal Briquettes ($3.45B), Raw Aluminium ($1.99B), Coke ($839M), Petroleum Gas ($689M), and Gold ($448M), exporting mostly to India ($2.62B), South Africa ($1.07B), South Korea ($954M), Italy ($808M), and China ($678M).

Imports The top imports of Mozambique are Special Purpose Ships ($4.48B), Refined Petroleum ($3.57B), Ferroalloys ($1.04B), Chromium Ore ($916M), and Refined Copper ($910M), importing mostly from South Africa ($5.43B), South Korea ($4.59B), China ($2.76B), India ($2.34B), and Democratic Republic of the Congo ($1.06B).

In 2022, Mozambique was the world's biggest importer of Special Purpose Ships ($4.48B) and Fluorides ($468M)

Location Mozambique borders Malawi, South Africa, Eswatini, Tanzania, Zambia, and Zimbabwe by land and Comoros and Madagascar by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

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.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

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.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Coal Briquettes$3.45B
Top Destination (2022)India$2.62B

In 2022, Mozambique exported a total of $11.7B, making it the number 99 exporter in the world. During the last five reported years the exports of Mozambique have changed by $3.78B from $7.89B in 2017 to $11.7B in 2022.

The most recent exports are led by Coal Briquettes ($3.45B), Raw Aluminium ($1.99B), Coke ($839M), Petroleum Gas ($689M), and Gold ($448M). The most common destination for the exports of Mozambique are India ($2.62B), South Africa ($1.07B), South Korea ($954M), Italy ($808M), and China ($678M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2021 - 2022)
India$1.18B (+ 82.3%)
South Korea$568M (+ 147%)
Italy$323M (+ 66.5%)
Fastest Growing Import Markets (2021 - 2022)
South Korea$1.99B (+ 76.3%)
South Africa$1.21B (+ 28.8%)
India$804M (+ 52.5%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Service Trade

Service Trade

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).

Service Exports (2019)

Service Imports (2019)

Economic Complexity

Overview

Economic Complexity (Trade)-1.18Rank 119 of 133
Economic Complexity (Research)-0.4Rank 77 of 135

Most Specialized Products by RCA Index

Mozambique has a high level of specialization in Titanium Ore (219), Graphite (213), Niobium, Tantalum, Vanadium and Zirconium Ore (120), Coke (110), and Aluminium Wire (76.9). Specialization is measured using RCA, an index that takes the ratio between Mozambique observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Mozambique according to the product complexity index (PCI) are Fluorides; fluorosilicates, fluoroaluminates and other complex fluorine salts (0.27), Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring... (0.072), Paper and paperboard, corrugated (with or without glued flat surface sheets), creped,... (0.065), Iron or non-alloy steel; flat-rolled products, width 600mm or more, cold-rolled (cold-reduced),... (-0.034), and Chemical wood pulp, dissolving grades (-0.041). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Mozambique according to the relatedness index, were Manganese Ore (0.12), Crude Petroleum (0.11), Other Mineral (0.11), Cocoa Beans (0.1), and Tin Ores (0.1). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Mozambique is not specialized in.

Product Space

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.

Relatedness Space

This network shows the products most related to the production structure of Mozambique. These are products that tend to be co-exported with the products that Mozambique exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

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Depth

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.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Mozambique's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 119th⁩ 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.

Explore Rankings

ECI (Trade) Ranking by Country

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