Partial Trade Balance of Goods: Mozambique - India
A detailed analysis of commercial flows with Mozambique from 2019 through the 1st semester of 2024.
01
Trade Balance Analysis
Summary: The trade balance from 2019 to H1 2024 remains in Surplus (Superavitária).
| Description (USD Millions) | 2019 | 2020 | 2021 | 2022 | 2023 | Q1 2024 |
|---|---|---|---|---|---|---|
| Exportation | 783.40 | 423.10 | 845.40 | 1,744.70 | 1,291.14 | 788.97 |
| Importation | 451.90 | 619.80 | 742.20 | 842.20 | 804.15 | 264.22 |
| Balance (Exp-Imp) | 331.50 | -196.70 | 103.20 | 902.50 | 486.98 | 524.76 |
02
Exportation Analysis
Growth (19-23)
65%
Global Value
$5,876.7M
Total 2019-2024
Top 10 Exported Products (2023)
- 1 Coal; briquettes and similar solid fuels
- 2 Coke and semi-coke of coal, lignite or peat
- 3 Dried leguminous vegetables (shelled/grain)
- 4 Petroleum gas and other hydrocarbons
- 5 Soya beans
- 6 Cashew nuts and coconuts
- 7 Waste, residues and scrap of cast iron
- 8 Other oil seeds and oleaginous fruits
- 9 Lead waste, residues and scrap
- 10 Flours of oil seeds or oleaginous fruits
Top Exporting Companies (2023)
VULCAN MOZAMBIQUE SA#1
MINAS DE BENGA LIMITADA#2
JSPL MOZAMBIQUE MINERAIS LIMIT#3
MOZAMBIQUE ROVUMA VENTURES SPA#4
AGRICO MARKETING LDA#5
Strategic Rank: India ranks 1st as a commercial partner (16% share of exports).
03
Importation Analysis
Growth (19-23)
78%
Global Value
$3,724.5M
Total 2019-2024
Top 10 Imported Products (2023)
- 1 Medicines for retail sale (doses)
- 2 Petroleum oils or bituminous mineral oils
- 3 Rice
- 4 Railway track pieces (Iron/Steel)
- 5 Passenger/Mail/Postal wagons
- 6 Iron or steel constructions and parts
- 7 Composite diagnostic/laboratory reagents
- 8 Goods transport vehicles
- 9 Tiles and slabs for paving
- 10 Antibiotics
Top Importing Companies (2023)
MINISTRY OF HEALTH#1
PORTOS E CAMINHOS DE FERRO#2
PUMA ENERGY MOCAMBIQUE#3
AGRI INPUTS LDA#4
AYAN TRADING LDA#5
Strategic Rank: India ranks 4th in Mozambique's import sources (8% share).
Regional Logistics
Involved Provinces
Leading Export Hub
Nampula
Leading Import Hub
Maputo City
Total involved provinces (Imports): Maputo Prov., Tete, Maputo City, Manica, Nampula, Sofala, Inhambane, Cabo Delgado, Zambézia, Niassa.
16% Total Exports Share