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Mozambique Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Mozambique's trade balance was $-2.3B in 2025, ranked 125th globally. This represents a 0.9% increase from 2024. Data from World Bank, covering 1991–2025.

$-2.3B +$19.5M (+0.9%)
Year 2025 Rank #125 Global Peak $-730.9M (2001) Source World Bank

Mozambique Trade Balance (1991–2025)

Overview

Mozambique's trade balance stood at $-2.3B in 2025, a rise of +$19.5M from 2024. Based on recent trends, this figure is projected to reach $-2.3B by 2025. Mozambique ranked 125th globally.

Mozambique’s trade balance has remained persistently negative, widening to a deficit of ‑2,252,451,953.29 US$ in 2025, which places the country at rank 125 globally. The deficit, which stood at ‑1,290,681,702.21 US$ in 1991, deepened markedly after the all‑time trough of ‑9,183,386,129.56 US$ recorded in 2013, reflecting the combined impact of a volatile commodities export base and rising import demand for fuel and machinery. The least adverse position since the early 2000s was the peak deficit of ‑730,889,523.25 US$ in 2001, when higher copper and aluminium outputs temporarily outpaced import growth. Compared with peers of similar rank, Mozambique’s 2025 deficit exceeds Mauritania’s ‑1,984,638,221.55 US$ and is slightly lower than Georgia’s ‑2,424,257,555.78 US$, underscoring a broader challenge for low‑income economies reliant on primary exports. Continued diversification of export commodities and improvements in domestic processing capacity could moderate the deficit trajectory in the coming years.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-812.5M - -
2026* trend $-1.5B - -
2025* trend $-2.3B - -
2025 $-2.3B +$19.5M #125
2024 $-2.3B +$830.6M #46
2023 $-3.1B +$3.6B #42
2022 $-6.7B −$1.7B #36
2021 $-5.1B −$186.7M #28
2020 $-4.9B −$29.9M #27
2019 $-4.9B +$181.0M #30
2018 $-5.0B −$1.9B #29
2017 $-3.1B +$1.6B #33
2016 $-4.8B +$665.9M #28
2015 $-5.4B +$3.7B #27
2014 $-9.1B +$54.3M #17
2013 $-9.2B −$1.5B #19
2012 $-7.7B −$4.5B #20
2011 $-3.2B −$1.4B #38
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 15.1% Rate 27.9% Gap +12.7pp Reserves YoY +64.2%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Mozambique matched the Orthodox Tightening Cycle pattern in 2017. Historically, 57% of countries showing this pattern (177 out of 311) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mozambique's trade balance?▾

Mozambique's trade balance was $-2.3B in 2025. Ranked 125th globally. This represents a 0.9% increase from the previous year.

What was the highest trade balance in Mozambique?▾

Mozambique's trade balance peaked at $-730.9M in 2001.

What was the lowest trade balance in Mozambique?▾

The lowest trade balance in Mozambique was $-9.2B in 2013.

How does Mozambique rank in trade balance?▾

Mozambique ranks 125th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Mozambique in 2025?▾

Mozambique's trade balance is projected to reach $-2.3B by 2025 based on trend extrapolation.

What is the trade balance of Mozambique in 2025?▾

The trade balance of Mozambique in 2025 was $-2.3B. This ranks 125th in the world.

Cite this page

APA
Mozambique Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/mozambique/trade-balance/
BibTeX
@misc{historysaid_mozambique_trade-balance, title = {Mozambique Trade Balance}, url = {https://historysaid.com/mozambique/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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