{"id":43765,"date":"2023-07-31T19:05:25","date_gmt":"2023-07-31T19:05:25","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/about-15-of-mozambiques-exports-went-to-india-in-the-last-five-years"},"modified":"2023-07-31T19:59:11","modified_gmt":"2023-07-31T19:59:11","slug":"about-15-of-mozambiques-exports-went-to-india-in-the-last-five-years","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/about-15-of-mozambiques-exports-went-to-india-in-the-last-five-years","title":{"rendered":"About 15% of Mozambique\u2019s exports went to India in the last five years"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique exported nearly US$6 million\u2019s-worth of goods to India in the last five years, around 15% of the total volume of exports, the Minister of Industry and Commerce said on Wednesday, highlighting that India is the country\u2019s third largest strategic partner.<\/p>\n<p>\u201cIn the last five years, our trade balance has seen India as a strategic partner for Mozambique, the third largest partner in terms of exports, for a total of US$5.8 million (\u20ac5.2 million), with growth of 5%, corresponding to 15% of the total volume of exports,\u201d Silvino Augusto Jose\u0301 Moreno declared.<\/p>\n<p>The minister was speaking remotely at the opening of the Mozambique-India Expo, a two-day event that brings together business people from both countries in the Mozambican capital, Maputo, to discuss investment strategies.<\/p>\n<p>For the Minister of Industry and Commerce, the good relations that exist between the two countries offer the possibility of materialising numerous opportunities, highlighting the growing presence of large companies from India in the area of mineral resources and health.<\/p>\n<p>\u201cThe competitive, enterprising and diversified capacity that India has in terms of capital, technology, experience and partnership, makes it a privileged partner for Mozambique,\u201d he added.<\/p>\n<p>India is sixth on the list of the biggest investors in Mozambique, with coal, cashew nuts and beans among the main products it buys from Mozambique.<\/p>\n<p>According to the Mozambican National Institute of Statistics (INE), India was, in the first quarter of 2020, Mozambique\u2019s second largest trading partner, after South Africa, both in terms of imports and exports.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique exported nearly US$6 million\u2019s-worth of goods to India in the last five years, around 15% of the total volume of exports, the Minister of Industry and Commerce said on Wednesday, highlighting that India is the country\u2019s third largest strategic partner. \u201cIn the last five years, our trade balance has seen India [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":43763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-43765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>About 15% of Mozambique\u2019s exports went to India in the last five years - 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