Mozambique recorded a trade deficit of 493.10 USD Million in the third quarter of 2019. Balance of Trade in Mozambique averaged -403.08 USD Million from 1980 until 2019, reaching an all time high of 78.60 USD Million in the third quarter of 2017 and a record low of -1506.40 USD Million in the fourth quarter of 2012.

Balance of Trade in Mozambique is expected to be -246.52 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Mozambique to stand at -245.34 in 12 months time. In the long-term, the Mozambique Balance of Trade is projected to trend around -363.12 USD Million in 2020, according to our econometric models.

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Mozambique Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-493.10 -586.50 78.60 -1506.40 1980 - 2019 USD Million Quarterly

Mozambique Balance of Trade
Mozambique exports mainly aluminum, electric energy, tobacco, natural gas, sugar and prawns. Mozambique imports machinery and equipment, vehicles, fuel, chemicals, metal products and foodstuffs. Mozambique main trading partners are South Africa, Netherlands, Portugal and China.

Mozambique Trade Last Previous Highest Lowest Unit
Balance of Trade -493.10 -586.50 78.60 -1506.40 USD Million [+]
Current Account -928.90 -1065.70 209.20 -2213.60 USD Million [+]
Current Account to GDP -31.50 -20.40 -5.00 -41.80 percent [+]
Imports 1717.10 1697.10 2428.95 69.66 USD Million [+]
Exports 1224.00 1110.60 1365.34 41.40 USD Million [+]
Gold Reserves 3.93 4.37 6.50 0.15 Tonnes [+]
Terrorism Index 5.54 4.58 5.54 0.00 [+]
Capital Flows -911.70 -981.40 2700.70 -1980.20 USD Million [+]