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Mozambique Trade (% GDP)

Mozambique's trade (% GDP) fell to 95.67% in 2024, down from 105.63% in 2023, according to World Bank. This represents a decrease of 9.96% from the previous year. Mozambique has trade (% GDP) higher than the global median (95.67% vs median 84.49%). Compared with the median in Africa, Mozambique is higher (95.67% vs regional median 62.95%) and ranks 12th out of 48 countries in Africa.

Yearly Historical Data (1991-2024)

(in %)
Year Trade (% GDP)
2024 95.67%
2023 105.63%
2022 135.28%
2021 112.08%
2020 99.91%
2019 105.59%
2018 124.61%
2017 105.75%
2016 110.39%
2015 98.76%
2014 116.36%
2013 109.39%
2012 105.93%
2011 84.41%
2010 73.84%
2009 67.9%
2008 64.98%
2007 66.12%
2006 67.35%
2005 72.01%
2004 72.05%
2003 70.17%
2002 73.31%
2001 50.42%
2000 47.92%
1999 45.53%
1998 39.01%
1997 43.3%
1996 51.03%
1995 63.77%
1994 58.74%
1993 55.24%
1992 59.34%
1991 49.48%
Mozambique Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Mozambique divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $8.28B $8.3B 2023
Annual Imports $10.09B $14.67B 2023
Exports (% GDP) 42.73% 45.28% 2024
FDI Inflows (% GDP) 15.65% 12.81% 2024
Imports (% GDP) 52.94% 60.35% 2024
Net Trade (Goods & Services, BoP) -$1.13B -$1.78B 2024
Tariff Rate 8.84% 8.94% 2021