Indonesia's Exports and Imports to Mozambique Decreased in 2020

Indonesia's trade balance with Mozambique showed a surplus of US$48.59 million in 2020. However, this surplus decreased by -55.87% compared to the previous year's balance of US$110.1 million.

This decline in the trade balance, according to Trademap data, was supported by Indonesian export values reaching US$58.93 million. This is higher than Indonesia's imports from Mozambique, which were recorded at US$10.34 million.

Indonesian exports to Mozambique have been declining over the past year. The previous year's export value was US$129.72 million.

Imports, according to Trademap data, decreased by 47.27% compared to the previous year's figure of US$19.61 million.

Based on product type, 10 main export products from Indonesia to Mozambique recorded a surplus during 2020. The total value of these main exports reached US$24.92 million.

List of 10 Main Indonesian Export Products to Mozambique

1. (HS 03): Fish and crustaceans, molluscs and other aquatic invertebrates


2. (HS 15): Animal or vegetable fats and oils and their cleavage products; edible preparations thereof; animal or vegetable waxes


3. (HS 16): Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates


4. (HS 17): Sugars and sugar confectionery


5. (HS 18): Cocoa and cocoa preparations


6. (HS 19): Preparations of cereals, flour, starch or milk; pastrycooks' products


7. (HS 21): Miscellaneous edible preparations


8. (HS 27): Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes


9. (HS 29): Organic chemicals


10. (HS 30): Pharmaceutical products

Globally, the trade balance for all goods improved this time due to an increase in several types of goods. The total value of Indonesia's trade balance was recorded at US$21.68 billion, or a 703.56% increase. In other words, Indonesia recorded a trade surplus. The previous year's trade balance with all countries worldwide was recorded at US$-3.59 billion.