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 128th largest goods trading partner with $383 million in total (two way) goods trade during 2013. Goods exports totaled $306 million; Goods imports totaled $76 million. The U.S. goods trade surplus with Mozambique was $230 million in 2013.
Mozambique was the United States' 122nd largest goods export market in 2013.
U.S. goods exports to Mozambique in 2013 were $306 million, down 12.9% ($45 million) from 2012.
The top export categories (2-digit HS) in 2013 were: Mineral Fuel (petroleum coke) ($91 million), Machinery ($48 million), Iron/Steel Products ($32 million), Vehicles ($26 million), and Fats and Oils (soybean oil) ($16 million).
U.S. exports of agricultural products to Mozambique totaled $35 million in 2013. Leading category include: soybean oil ($15 million).
Mozambique was the United States' 126th largest supplier of goods imports in 2013.
U.S. goods imports from Mozambique totaled $76 million in 2013, a 97.4% increase ($38 million) from 2012.
The five largest import categories in 2013 were: Ores, Slag and Ash (titanium ores) ($35 million), Precious Stones (rubies) ($18 million), Edible Fruit and Nuts (cashew nuts) ($14 million), tobacco ($5 million), and Special Other (returns) ($2 million).
U.S. imports of agricultural products from Mozambique totaled $20 million in 2013.
The U.S. goods trade surplus with Mozambique was $230 million in 2013, a 26.4% decrease ($83 million) from 2012.
U.S. foreign direct investment (FDI) in Mozambique (stock) was $619 million in 2012.
There is no information on the distribution of Mozambique FDI in the United States.
Mozambique FDI in the United States (stock) was not available in 2012; it was $1 million in 2011.
There is no information on distribution of U.S FDI in Mozambique.
*NOTE: No services trade data with Mozambique is available.