Exports in Mozambique

Mozambique Exports | Economic News & Forecasts

Mozambique - Exports

Economic growth likely eased in Q1 as operating conditions in the private sector deteriorated compared to the prior quarter. In March, the PMI highlighted cooling demand growth. Moreover, greater commodity prices brought about by the Russian invasion of Ukraine drove up price pressures, while increased job creation pushed up wage costs. Furthermore, concerns surrounding the war in Ukraine and rising inflation led to a notable moderation in business confidence. Meanwhile, in response to these dynamics, a fuel price increase became effective on 17 March, which will likely temper household spending and could risk social unrest. In other news, the government and IMF reached a staff-level agreement in late March for a three-year extended credit facility of around USD 470 million. The loan should aims to support fiscal sustainability and reduce financing vulnerabilities.

Mozambique - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)3.4  3.3  4.7  5.2  4.7  

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Mozambique Facts

Value Change Date
Exchange Rate62.430.48 %Jan 01
Stock Market0.10.0 %Jan 06

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