Trade Balance in Mozambique
Mozambique - Trade Balance
The economy entered 2019 on a soft note, with annual growth slowing to 2.5% in Q1 (Q4 2018: +3.0% year-on-year) mainly due to weaker activity in the transport, information and communications sector as well as in the all-important mining industry. Meanwhile, on 31 May, officials reached a tentative restructuring deal with holders of the defaulted 2023 bonds. The agreement would provide the government significant cash flow relief in the near term while creditors would no longer have a claim on the country’s future gas revenues, a point which faced strong resistance domestically under the previous arrangement. At the conclusion of its Article IV visit on 4 June, the IMF welcomed the deal but also urged authorities to undertake a more comprehensive strategy to address the government’s high debt load.Mozambique - Trade Balance Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Trade Balance (USD billion) | -4.4 | -4.0 | -4.2 | -1.4 | -0.5 |
Mozambique Trade Balance Chart
Source: Bank of Mozambique
Mozambique Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 62.08 | 0.48 % | Jul 11 |
| Stock Market | 0.1 | 0.0 % | Jul 11 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
© Copyright: 2019 | Mozambique Trade Balance | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
