Mozambique

AGOA Status: Mozambique is eligible for AGOA this year. It also qualifies for textile and apparel benefits.

Trade Agreements: The U.S. and Mozambique signed a Trade and Investment Framework Agreement (TIFA) in 2005. The last high-level meeting under the TIFA took place in January 2012. See attached press release for more information. The U.S. and Mozambique also signed a Bilateral Investment Treaty (BIT) that came into force in 2005.

U.S.-Mozambique Trade Facts

Mozambique is currently our 121st largest goods trading partner with $488 million in total (two way) goods trade during 2011.

Exports

Mozambique was the United States' 100th largest goods export market in 2011.

U.S. goods exports to Mozambique in 2011 were $453 million, up 101.9% ($229 million) from 2010.

The top export categories (2-digit HS) in 2011 were: Vehicles ($164 million), Mineral Fuel (petroleum coke) ($104 million), Cereals (wheat) ($59 million), Machinery ($52 million), and Aircraft ($11 million).

U.S. exports of agricultural products to Mozambique totaled $67 million in 2011. Leading category include: Wheat ($58 million).

Imports

Mozambique was the United States' 147th largest supplier of goods imports in 2011.

U.S. goods imports from Mozambique totaled $35 million in 2011, a 46.0% decrease ($30 million) from 2010.

The five largest import categories in 2011 were: Ores, Slag and Ash (titanium ores) ($14 million), Edible Fruit and Nuts (cashew nuts) ($8 million), Iron and Steel Products ($6 million), and Precious Stones (rubies) ($3 million), and Special Other (returns) ($859 thousand).

U.S. imports of agricultural products from Mozambique totaled $10 million in 2011.

Trade Balance

The U.S. goods trade surplus with Mozambique was $418 million in 2011, a 161.8% increase ($258 million) from 2010.

Investment

U.S. foreign direct investment (FDI) in Mozambique (stock) was not available in 2010 (latest data available). It was $4 million in 2009.

There is no information on the distribution of U.S. FDI in Mozambique.

There was no reported Mozambique FDI in the United States (stock) in 2010.

*NOTE: No services trade data with Mozambique is available.