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Mozambique

Mozambique ranked No. 135 in total trade value through February with a total of $48.34 million. Exports totaled $23.05 million and Imports totaled $25.29 million, a deficit of $2.24 million.

January – February 2019

Top Trading Ports

Total Trade: $48.34 million

RankPortTotal YTD
1Port of Gulfport, Miss. $8,003,881
2Port of Newark $6,459,523
3John F. Kennedy International Airport $4,927,339
4Port of Long Beach $4,241,955
5Port of Greater Baton Rouge, La. $3,351,600
6Los Angeles International Airport $2,753,282
7Port of Virginia $2,446,277
8Hartsfield-Jackson Atlanta International Airport $2,025,978
9Port of Charleston $1,736,847
10Chicago O’Hare International Airport $1,455,196

U.S. trade with Mozambique rose to $48.34 million through February

Mozambique’s trade with the United States rose to $48.34 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 23.91 percent above its total trade during the same time period last year. Mozambique’s exports increased 17.13 percent while imports rose 30.81 percent. The U.S. deficit with Mozambique was $2.24 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Gulfport, Miss.; No. 2 Port of Newark; No. 3 John F. Kennedy International Airport; No. 4 Port of Long Beach; and No. 5 Port of Greater Baton Rouge, La.. During the same period the previous year, the top five were No. 1 Port of Gulfport, Miss. No. 2 John F. Kennedy International Airport No. 3 Port of Port Arthur, Texas No. 4 Port of Southern Louisiana, Gramercy, St. James Parish and No. 5 Port of Newark. In the current time period, the top five accounted for 55.83 percent of Mozambique’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Gulfport, Miss. rose 76.33 percent to $8 million.
    There were no exports. Imports rose 76.33 percent to $8 million.
  • Trade with No. 2 Port of Newark rose 109.06 percent to $6.46 million.
    Exports rose 503.49 percent to $1.46 million. Imports rose 75.5 percent to $5 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 17.12 percent to $4.93 million.
    Exports rose 23.11 percent to $279,163. Imports rose 16.78 percent to $4.65 million.
  • Trade with No. 4 Port of Long Beach rose 839.14 percent to $4.24 million.
    Exports rose 839.14 percent to $4.24 million. There were no imports.
  • Trade with No. 5 Port of Greater Baton Rouge, La. totaled $3.35 million.
    Exports totaled $3.35 million. There were no imports.

Mozambique ranked No. 135 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 139.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Mozambique by value through February were the categories of Petroleum products; Civilian aircraft, parts; Computers; Misc. medical chemical re-agents; and Electrical boards, panels and switches, respectively. They accounted for 65.57 percent of total exports to Mozambique.

The value of the top five categories of U.S. imports from Mozambique –– Precious stones; Titanium Ores and Concentrates 2614; Coconuts, brazil nuts, cashew nuts; Value added to a returned import; and Fish, fresh or chilled –– accounted for 93 percent of all inbound shipments.

Looking more closely at U.S. exports to Mozambique:

  • Petroleum products fell 18.8 percent compared to last year to $7.53 million.
  • Civilian aircraft, parts rose 448.34 percent compared to last year to $3.53 million.
  • Computers rose 35.38 percent compared to last year to $1.78 million.
  • Misc. medical chemical re-agents rose 8644.35 percent compared to last year to $1.31 million.
  • Electrical boards, panels and switches rose 583.48 percent compared to last year to $961,323.

Looking more closely at U.S. imports from Mozambique:

  • Precious stones rose 134.03 percent compared to last year to $10.2 million.
  • Titanium Ores and Concentrates 2614 rose 48.43 percent compared to last year to $8.74 million.
  • Coconuts, brazil nuts, cashew nuts fell 23.68 percent compared to last year to $3.31 million.
  • Value added to a returned import fell 55.81 percent compared to last year to $759,714.
  • Fish, fresh or chilled fell 24.29 percent compared to last year to $506,696.

In the latest annual figures available, Mozambique recorded $325.5 million in trade with the United States. At year’s end, its were Houston; New York City; New Orleans; Mobile; and Miami. Total U.S. exports to Mozambique were $ 179.94 million and imports from Mozambique were $145.56 million. The U.S. surplus with Mozambique was $34.39 million.