Trade Balance in Mozambique
Mozambique - Trade Balance
Available data points at a still-struggling economy in Q3, on the heels of a dire Q2 which saw output contract at the steepest pace in at least a decade as the Covid-19 fallout pummeled activity across the major sectors. Economic sentiment continued to weaken in July, declining for the fifth consecutive month and to a new series low amid a more downbeat employment outlook, with the construction and transport sectors particularly affected. In addition, after clawing back up from its all-time low in April, the private sector PMI dipped in August, remaining well entrenched in contractionary terrain due to faltering output and new business as Covid-19 continued to impact demand. This, coupled with some lingering restrictions, particularly related to travel, bodes ill for activity in the quarter.Mozambique - Trade Balance Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Trade Balance (USD billion) | -4.2 | -1.4 | -0.5 | -1.0 | -2.1 |
Mozambique Trade Balance Chart
Source: Bank of Mozambique
Mozambique Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 62.43 | 0.48 % | Jan 01 |
| Stock Market | 0.1 | 0.0 % | Jan 06 |
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