Mozambique: Terms of trade

* indicates monthly or quarterly data series
 Mozambique

Terms of trade, base year = 2000

 Latest value 128.81
 Year 2021
 Measure percent
 Data availability 1980 - 2021
 Average 155.69
 Min - Max 99.44 - 289.45
 Source The United Nations
For that indicator, we provide data for Mozambique from 1980 to 2021. The average value for Mozambique during that period was 155.69 percent with a minimum of 99.44 percent in 2020 and a maximum of 289.45 percent in 1981. The latest value from 2021 is 128.81 percent. For comparison, the world average in 2021 based on 189 countries is 109.62 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Mozambique - Terms of trade - Recent values chart

Historical chart
Mozambique - Terms of trade - historical chart - 1980-2021




The terms of trade for Mozambique are calculated as the value of its exports as percent of the value of its imports. An increase in the terms of trade means that the value of exports is increasing relative to the value of imports. The country can afford to buy more imports with the revenue from its exports. For example, an increase in the price of oil increases (improves) the terms of trade for the oil-exporting countries and lowers it for the other countries.
Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.

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 Related indicators Latest value Reference Measure
 Terms of trade 128.81 2021 percent
 Trade openness 135.56 2022 percent
 Financial openness -1.242 2021 index points
 Exports, billion dollars 9.67 2022 billion U.S. dollars
 Imports, billion dollars 15.28 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 13.79 2022 percent
 Foreign Direct Investment, billion dollars 3.02 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP -11.10 2023 percent
 Current account, in dollars -2.43 2023 billion U.S. dollars
 Trade balance, in dollars -1.89 2023 billion U.S. dollars
 Reserves 2.94 2022 billion U.S. dollars
 Remittances, percent of GDP 1.65 2022 percent
 Remittances 303.07 2022 million U.S. dollars
 Net errors and omissions 182.42 2023 million USD
 External debt 423.64 2022 percent
 Short-term external debt 1.23 2022 percent
 Short-term debt to reserves 26.72 2022 percent
 Foreign exchange reserves 237.58 9/2021 billion
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