India was the largest buyer of Mozambican exports in the first nine months of 2024, purchasing goods worth $1.166 billion (€1.113 billion), or 19% of the country’s total exports, according to the Bank of Mozambique.
Mozambique’s total exports from January to September reached $6.18 billion (€5.9 billion), a 3.7% increase from the same period in 2023. Most exports to India consisted of natural gas and coal, along with dried vegetables and cashew nuts.
South Africa was the second-largest buyer, accounting for 15% of total exports valued at $941 million (€898.7 million). Purchases included natural gas, electricity, coal, and bananas.
China followed with $889 million (€849 million) in imports, making up 14% of Mozambique’s exports. This was an increase from 12.2% in June, with key commodities including natural gas, oil seeds, fruits, heavy sands, and coal.
Mozambique’s total imports fell 1.7% year-on-year to $6.46 billion (€6.16 billion). South Africa remained the top supplier, accounting for 25% of imports valued at $1.636 billion (€1.562 billion), mainly electricity, transport vehicles, iron bars, and cereal flour.
China was the second-largest exporter to Mozambique, with shipments worth $1.079 billion (€1.03 billion), or 17% of total imports. Goods included tractors, transport vehicles, pesticides, and heavy machinery.
India ranked third, supplying 7% of Mozambique’s imports, totaling $433.3 million (€413.8 million), with key products including fuels, rice, medicines, freight wagons, and books.