According to resources, the total export to Mozambique from India reached an estimated revenue of more than $2.1 Billion by the year 2022.
Trade agreements have also been signed between both the countries in order to support exports.
Value $Million | 2020 | 2021 |
India Export to Mozambique | 2174M | 2203M |
India Import from Mozambique | 835M | 830M |
Total Trade | 3009M | 3003M |
Petroleum, Pharmaceutical, and Machinery are the major exported products from India to Mozambique at the present moment.
The E-commerce market in Mozambique is also trying to rise with a good growth rate because of the Internet penetration rate in Mozambique which has reached 21.2%.
So, itβs a good scope for Indian exporters and sellers to grab the Mozambique market whether through offline channels or online selling platforms & marketplaces in Mozambique.
Useful resources