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.