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Mozambique Net Trade (Goods & Services, BoP)

Mozambique's net trade (goods & services, bop) fell to $-1.13 billion in 2024, down from $-1.78 billion in 2023, according to World Bank. This represents a decrease of 36.4% ($645.76 million) from the previous year. Mozambique has net trade (goods & services, bop) lower than the global median (-$1.13 billion vs median -$215.12 million). Compared with the median in Africa, Mozambique is lower (-$1.13 billion vs regional median -$1.08 billion) and ranks 26th out of 48 countries in Africa.

Yearly Historical Data (2005-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 -1.13
2023 -1.78
2022 -6.52
2021 -4.01
2020 -4.21
2019 -4.07
2018 -4.6
2017 -2.64
2016 -4.08
2015 -6.45
2014 -6.97
2013 -7.62
2012 -7.75
2011 -4.13
2010 -2.15
2009 -1.71
2008 -1.4
2007 -0.8
2006 -0.62
2005 -0.8
Mozambique Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Mozambique, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.