Bilateral trade relations
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Commercial and economic relations between India and Mozambique have grown steadily during the recent years. India is now among five major trading partners of Mozambique. According to trade figures of DGCIS Kolkata, the trade between India and Mozambique for the last few years is given below :


India-Mozambique Trade                                                             Value: Million US$

 

   2009-10

  2010-11

  2011-12

  2012-13

  Indian exports

358.37
(-16.15%)

605.16
(+68.86%)

533.35
(-131.87%)

1001.00
(+87.68%)

  Mozambican
  Exports

   68.76
(+115.27%)

103.45
(+50.45%)

98.77
(-9.26%)

280.41
(+184.94%)

  Total trade

 427.14
(-7.01%)

708.61
(+65.90%)

631.32
(-11.83%)

1281.41
(+102.83%)

Note: The figures in parenthesis in all tables represent the percentage change compared to the previous year.Source: DGCIS, India

It is important to mention that during the state visit of Mozambican President H.E.Mr.Armando Guebuza to India on 30 September – 4 October, 2010, the two leaders had set a target to increase the bilateral trade to one billion dollars by 2013. The Indian export to Mozambique alone has crossed US$1 billion in 2012-13 with bilateral trade touching US$1.3 billion.

The main items of Indian exports to Mozambique are – petroleum products, drugs/pharmaceuticals, rice (other than basmati), machinery and instruments, transport equipment, cotton yarn/fabrics,  manufactures of metals, plastic & linoleum products,primary & semi-finished iron & steel,  paper/wood products, man-made yarn/fabrics/made-ups, wheat, rubber manufactured products, electronic goods, inorganic/organic agro chemicals, glassware, sugar, processed minerals, paints/enamels, misc. processed items etc.

The main exports from Mozambique to India in the past have been pulses, raw cashew, coconut, metal ores and scrap metal etc. However, this order has now changed and Coal/coke has become the number one item of export from the financial year 2012-13 for the first time from Mozambique to India. 







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