Exporting to Mozambique

Mozambique has a population of over 30 million inhabitants (IMF, 2019), a wealth of natural resources and strong prospects for economic growth (World Bank, 2019). Mozambique’s long southeast African coastline makes it advantageous for trade with Europe and Asia.

Strengthening import market

Mozambique is importing at an increased rate (IMF, 2019). 2018 and 2019 saw imports increase by 19% and 50% respectively and this increase is expected to continue for the next four years (IMF, 2019). The most popular goods exported from the UK include general and specialised machinery, telecoms, sound equipment and road vehicles other than cars (ONS, 2019). If you’re looking for an entry point to the African market, Mozambique may be a good option for you.

Demand for UK services

Services made up 81.4% of all UK exports to Mozambique in the year up until March 2019 (ONS, 2019). Top services imported from the world include professional and management consulting services, technical services and trade related services (ITC Trade map, 2019). If you’re a UK company specialising in services, Mozambique may be a destination to consider.

Ease of doing business

138th

out of 190 countries (World Bank, 2018)

Currency

Metical

Business language

Portuguese and English

You may need a translator

GDP per capita

$475

UK is $42,558 (IMF, 2018)

Economic growth

3.3%

(IMF, 2018)

Time zone

GMT +2

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.