Economy
Nominal GDP
USD 22.0 billion
GDP per capita
USD 599
2021–2025 average
Currency
- Name
- Mozambican metical
Мозамбикский метикал - ISO code
- MZN
- Rate against the US dollar
- USD 1 = 63.84 MZN
- Rate against the rouble
- 1 MZN = 1.3089 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- National currency
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 25.7%
- Industry 22.1%
- Services 40.5%
Industries and programmes
- Key industries
- Gas (LNG), coal, aluminum (Mozal), graphite, rubies, agriculture, and electricity generation.
- Government programmes
- National Development Strategy (ENDE) 2025–2044
- Five-Year Government Program 2025–2029
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 5.70 | 100.0 |
| 2022 | 8.30 | 145.6 |
| 2023 | 8.28 | 145.3 |
| 2024 | 8.21 | 144.0 |
| 2025 | 8.10 | 142.1 |
- Imports of goods
- USD 10.4 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 9.24 billion 2025Source: World Bank, national accounts. Period: 2025
- Change in exports of goods, 2021–2025
- +42.1%
- Average annual rate of change in exports of goods, 2021–2025
- +9.2%
Export specialisation
Main export products
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Main export destinations
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Investment areas
- LNG and gas-based chemical production
- Graphite and titanium
- Hydropower
- Agribusiness
- Logistics along the Beira and Nacala corridors
Agreements with Russia
Investment protection
There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.
Absent
Double taxation
There is no double taxation agreement with Russia.
Absent
Visa requirements
Russian citizens holding ordinary passports require a visa.
Visa required
Peaceful nuclear energy
No information
Other agreements
- Agreement on the Mutual Protection of Classified Information and other documents signed in 2019.
- Agreement on Debt Cancellation with Funds Allocated to Development Programs (debt-for-development arrangement).
Incentives
- Main regimes and incentives
Investment Law No. 8/2023: tax incentives for priority sectors, and special economic and industrial zones with duty exemptions.
- Type of measure
- Investment agency
- APIEX — Mozambique Investment and Export Promotion Agency (Agência para a Promoção de Investimento e Exportações)
