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Reading: India Becomes Mozambique’s Top Export Market in 2024
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The Africa Daily Post > Business > Trade & Investment > India Becomes Mozambique’s Top Export Market in 2024
Southern AfricaTrade & Investment

India Becomes Mozambique’s Top Export Market in 2024

Adekunle Owolabi
By Adekunle Owolabi Published February 27, 2025 2 Min Read
Maputo Port
Maputo Port
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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.

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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.

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
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