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2022
Economic Complexity
Research -0.4Rank 77 of 135

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Overview In N/A Mozambique was the number 113 economy in the world in terms of total exports and the number N/A in total imports.

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 N/A.

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).

Latest Trends

Latest Trade

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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

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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

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Market Growth

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Growth
Fastest Growing Import Markets (N/A - N/A)
South Korea$2.53B (+ 3.41k%)
South Korea$1.99B (+ 76.3%)
South Africa$1.21B (+ 28.8%)

Total Export Growth by Market (NaN - undefined)

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 N/A.

The top services imported by Mozambique in 2019 were N/A.

Economic Complexity

Overview

Economic Complexity (Research)-0.4Rank 77 of 135

Most Specialized Products by RCA Index

Mozambique has a high level of specialization in Copra (1.58k), Copra (1.4k), Sisal, Agave, raw, processed, not spun, tow and waste (1.38k), Copra (1.35k), and Copra (914). 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 Electric (electrically heated gas) soldering, brazing, welding machines and apparatus, capable or... (1.68), Fork-lift and other works trucks; fitted with lifting or handling equipment (1.6), Textile machinery; for extruding, drawing, texturing or cutting man-made textile materials (1.58), Instruments, apparatus for measuring or checking the flow, level, pressure of liquids,... (1.53), and Zirconium; articles thereof, including waste and scrap (1.5). 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 (0.15), Tin Ores (0.15), Crude Petroleum (0.15), Cassava (0.15), and Insect Resins (0.15). 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.

Diversification Frontier

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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.

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