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 & Investment Framework Agreement (TIFA) in 2005. The last high-level meeting under the TIFA took place in March 2009. 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 129th largest goods trading partner with $290 million in total (exports plus imports) goods trade during 2010. Goods exports totaled $225 million; Goods imports totaled $65 million. The U.S. goods trade surplus with Mozambique was $160 million in 2010.

Exports

Mozambique was the United States' 115th largest goods export market in 2010.

U.S. goods exports to Mozambique in 2010 were $225 million, up 18.7% from 2009.

The top export categories (2-digit HS) in 2010 were: Mineral Fuel (petroleum coke) ($58 million), Vehicles ($52 million), Cereals/wheat ($37 million), Machinery ($34 million), and Miscellaneous Textile Articles ($8 million).

Imports

Mozambique was the United States' 132nd largest supplier of goods imports in 2010.

U.S. goods imports from Mozambique totaled $65 million in 2010, a 66.6% increase from 2009.

The five largest import categories in 2010 were: Sugars ($25 million), Ores, Slag and Ash (titanium ores) ($17 million), Edible Fruit and Nuts (cashew nuts) ($9 million), Iron and Steel Products ($7 million), and Precious Stones (rubies) ($4 million).

Trade Balance

The U.S. goods trade surplus with Mozambique was $160 million in 2010, a 6.3% decrease from 2009.