AGOA Status
Mozambique is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements
The U.S. and Mozambique signed a Trade and Investment Framework Agreement (TIFA) in 2005. The last high-level meeting under the TIFA took place in January 2012. See attached press release for more information. The U.S. and Mozambique also signed a Bilateral Investment Treaty (BIT) that came into force in 2005.
Mozambique Trade Summary
U.S. goods and services trade with Mozambique totaled an estimated $624.6 million in 2024, down 9.3 percent ($64.4 million) from 2023.
U.S. total goods trade (exports plus imports) with Mozambique was an estimated $365.6 million in 2024. U.S. goods exports to Mozambique in 2024 were $149.6 million, down 21.1 percent ($39.9 million) from 2023. U.S. goods imports from Mozambique in 2024 totaled $216.0 million, up 3.1 percent ($6.6 million) from 2023. The U.S. goods trade deficit with Mozambique was $66.4 million in 2024, a 234.0 percent increase ($46.5 million) over 2023.
U.S. total services trade (exports plus imports) with Mozambique totaled an estimated $259 million in 2024. U.S. services exports to Mozambique in 2024 were $175 million, down 8.4 percent ($16 million) from 2023. U.S. services imports from Mozambique in 2024 were $84 million, down 15.2 percent ($15 million) from 2023. The U.S. services trade surplus with Mozambique was $91 million in 2024, a 1.1 percent decrease ($1 million) over 2023.
