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