Economic Indicators
2020(a) | 2021(a) | 2022(b) | 2023(b) | |
Population (million) | 31.2 | 32.1 | 33.0 | 33.9 |
GDP (US$ billion) | 14.2 | 15.8 | 17.9 | 19.6 |
Real GDP Growth Rate (%) | -1.2 | 2.3 | 3.7 | 4.9 |
Total Export of Goods (US$ billion) | 3.5 | 5.1 | 5.5 | 6.3 |
Total Import of Goods (US$ billion) | 6.4 | 8.7 | 6.6 | 7.0 |
Total Export of Services (US$ billion) | 0.8 | 0.8 | 1.1(c) | 1.2(c) |
Total Import of Services (US$ billion) | 2.7 | 2.6 | 2.8(c) | 5.2(c) |
Consumer Price Index (%) | 3.1 | 5.7 | 11.3 | 8.6 |
Current Account Balance (US$ billion) | -3.9 | -3.6 | -8.2 | -7.8 |
Exchange Rate (Mozambican Metical MZN: USD, Period Average) | 69.5 | 65.5 | 63.9(a) | 66.1(c) |
Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF); (c) estimated value of Oxford Economics
Source: International Monetary Fund (IMF), Oxford Economics “Country Economic Forecast – Mozambique (Dec 2022)”
Main export and import goods destinations
Main export destinations (2021) | Proportion in total value of exports goods (%) |
South Africa | 16.7 |
India | 15.7 |
The Netherlands | 11.0 |
China | 9.5 |
Others | 47.1 |
Main source of import (2021) | Proportion in total value of imports goods (%) |
South Africa | 26.1 |
China | 11.0 |
India | 8.6 |
United Arab Emirates | 8.3 |
Others | 56.0 |
Source: International Monetary Fund (IMF)
Main export and import goods
Major export goods (2021) | Proportion in total value of exports goods (%) |
Fossil fuels, mineral oil and its distilled products; bituminous substances; mineral wax | 43.1 |
Aluminum and its products | 22.1 |
Ore, slag and ash | 8.5 |
Edible Vegetables, Roots and Tubers | 7.1 |
Others | 19.2 |
Major import goods (2021) | Proportion in total value of imports goods (%) |
Mineral fuels, mineral oil and its distilled products; bituminous substances; mineral wax | 16.9 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. | 9.5 |
Cereals | 7.8 |
Vehicles other than railway or tramway rolling-stock and their parts and accessories thereof | 6.9 |
Others | 58.1 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
Main Export of Services (2021) | Proportion in total value of exports services (%) |
Transport | 81.9 |
Tourism | 8.7 |
Insurance and pension services | 3.9 |
Other | 5.5 |
Main Import of Services (2021) | Proportion in total value of imports services (%) |
Other business service | 44.0 |
Transport | 29.3 |
Finance services | 5.9 |
Other | 20.8 |
Remarks：The above content is the estimated data of UNCTAD, WTO and ITC.
Source：International Trade Centre (ITC)
Statistics of trade goods between Mainland China and Mozambique (US$ ten thousands)
Year | Total trade | Total exports value * | Total imports value ** |
2022 | 463,224.0 | 329,212.4 | 134,011.6 |
2021 | 403,541.9 | 289,689.2 | 113,852.8 |
2020 | 257,711.1 | 199,994.6 | 57,716.5 |
2019 | 266,973.4 | 195,769.6 | 71,203.7 |
2018 | 249,532.5 | 186,189.3 | 63,343.2 |
Remarks: * Value of goods exported to Mozambique from Mainland China; **Value of goods imported from Mozambique to Mainland China
Source: General Administration of Customs of the People’s Republic of China
Statistics of trade goods between Macao and Mozambique (US$) (1 USD»8 MOP)
Year | Total trade | Total exports value * | Total imports value ** |
2022 | 291,420.9 | 272,221.3 | 19,199.6 |
2021 | 387,296.7 | 371,588.4 | 15,708.3 |
2020 | 29,159 | 26,496 | 2,663 |
2019 | 56,906 | 47,907 | 8,999 |
2018 | 209,095 | 13,866 | 195,229 |
Remarks: * Value of goods exported to Mozambique from Macao; **Value of goods imported from Mozambique to Macao.
Source: Statistics and Census Service (DSEC), Macao SAR Government
Source of Data:
- Country (region) guide for foreign investment co-operation (Mozambique) by the Ministry of Commerce the People’s Republic of China
- “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- Statistics and Census Service (DSEC), Macao SAR Government
- Mozambique National Bureau of Statistics
- International Monetary Fund (IMF)
- International Trade Center (ITC)
- “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
- “Country Economic Forecast – Mozambique (Dec 2022)” by Oxford Economics
Updated in June 2023.
