Maputo, June 9, 2025 (Lusa) - India bought more exports from Mozambique than any other country in 2024, worth $1.469 billion (€1.288 billion), equivalent to 18% of Mozambican exports, according to official data compiled by Lusa on Monday.

According to the 2024 balance of payments report from the Bank of Mozambique, overall Mozambican exports fell by 0.8% compared to the previous year, to $8.211 billion (€7.202 billion), while imports fell by 8.8% to $8.375 million dollars (€7.346 billion).

India remained the main destination for Mozambique's exports, namely natural gas, mineral coal, dried leguminous vegetables or in grain and cashew nuts. However, China has been closing in on the lead, with purchases from Mozambique in 2024 amounting to $1.349 billion (€1.262 billion) in natural gas, seeds and oil fruits, heavy sands and coal.

South Africa followed, with imports from its neighbour of natural gas, electricity, coal and bananas amounting to $210 million (€106.1 million), followed by Singapore, with a 9% share of all exports made by Mozambique in 2024, , namely aluminium bars, natural gas, tobacco and seeds, totalling $715 million (€627 million).

Conversely, South Africa remains the country that sells the most to Mozambique, accounting for 25% of the total in 2024, reaching $2.094 billion (€1.836 billion) last year, mainly electricity, cars, iron bars and cereal flours.

China follows, accounting for 17% of all imports made by Mozambique in 2024, worth $1.36 billion (€1.193 billion), in tractors, cars, heavy machinery and pesticides, and then India, with $569 million (€499 million) in fuel, rice, medicines, cars and railway wagons.

PVJ/ADB // ADB.

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