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.
U.S.-Mozambique Trade Facts
In 2019, Mozambique GDP was an estimated $15.1 billion (current market exchange rates); real GDP was up by an estimated 2.2%; and the population was 31 million. (Source: IMF)
Mozambique is currently our 131st largest goods trading partner with $333 million in total (two way) goods trade during 2019. Goods exports totaled $196 million; goods imports totaled $137 million. The U.S. goods trade surplus with Mozambique was $60 million in 2019.
- Mozambique was the United States' 130th largest goods export market in 2019.
- U.S. goods exports to Mozambique in 2019 were $196 million, up 7.1% ($13 million) from 2018 and up 3.5% from 2009.
- The top export categories (2-digit HS) in 2019 were: mineral fuels ($52 million), machinery ($36 million), cereals (wheat) ($19 million), electrical machinery ($15 million), and animal or vegetable fats and oils (soybean oil) ($12 million).
- U.S. total exports of agricultural products to Mozambique totaled $36 million in 2019. Leading domestic export categories include: wheat ($18 million), soybean oil ($12 million), poultry meat & products (ex. eggs) ($2 million), rice ($744 thousand), and beef & beef products ($465 thousand).
- Mozambique was the United States' 115th largest supplier of goods imports in 2019.
- U.S. goods imports from Mozambique totaled $137 million in 2019, up 21.2% ($24 million) from 2018, and up 251.8% from 2009.
- The top import categories (2-digit HS) in 2019 were: precious metal and stone (other stones, not strung) ($65 million), ores, slag, and ash (titanium) ($36 million), edible fruit & nuts (coconuts, brazil nuts, cashews) ($12 million), sugar ($8 million), and fish and seafood (fresh fish, not fillet) ($5 million).
- U.S. total imports of agricultural products from Mozambique totaled $22 million in 2019. Leading categories include: tree nuts ($13 million), raw beet & cane sugar ($8 million), tobacco ($522 thousand), tea, including herbal ($468 thousand), and spices ($78 thousand).
- The U.S. goods trade surplus with Mozambique was $60 million in 2019, a 15.5% decrease ($11 million) over 2018.
- U.S. foreign direct investment (FDI) in Mozambique (stock) was $491 million in 2018 (latest data available). There is no information on the distribution of U.S. FDI in Mozambique.
- No data on Mozambique's FDI in the U.S. are available. There is no information on the distribution of Mozambique FDI in the U.S.
NOTE: No services trade data with Mozambique are available.