{"id":44424,"date":"2023-08-10T11:26:51","date_gmt":"2023-08-10T11:26:51","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank"},"modified":"2023-08-10T11:43:34","modified_gmt":"2023-08-10T11:43:34","slug":"imports-fell-66-1-in-q1-to-2-1-billion-central-bank","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank","title":{"rendered":"Imports fell 66.1% in Q1 to $2.1 billion \u2013 central bank"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique registered a fall of 66.1% in imports of goods to a total of US$2.1 billion in the first quarter of this year, against US$4.6 billion registered in the same period of 2022.<\/p>\n

The data appear in the quarterly Balance of Payments Bulletin (BoP), released last Wednesday (02-08) by the central bank and consulted by Dia\u0301rio Econo\u0301mico.<\/p>\n

According to the document, the reduction in imports from Large Projects was reflected in this result by 94.8%, compared to an increase in the import bill of the rest of the economy by 28.9%.<\/p>\n

According to the Bank of Mozambique, in terms of categories of goods, including Large Projects, the highlight goes to intermediate goods, which cost the country US$803.5 million, representing a weight of 38.8% of total imports.<\/p>\n

\u201cContributing mainly to the aggravation, the expenses incurred with the acquisition of fuels increased by 54.8%, manure and fertilizers by more than 100%, cement and tar and bitumen by 51.8% and 5.4%, respectively. In turn, electricity with 14.4%, raw aluminium with 11% and construction materials with 11.5% pushed downwards,\u201d the report explains.<\/p>\n

Consumer goods, in turn, with a weight of 24.6% of the total import bill, grew by 4.3%, reaching US$509.1 million, with emphasis on increases in imports of wheat, automobiles, beer and other alcoholic beverages and frozen fish, with a weight of 50.8%, 14.5%, 19.8% and 6.6%, respectively.<\/p>\n

The central bank bulletin also explains that capital goods, with a contribution of 17.9% of total imports, registered a decrease of around 92%, presenting a quarterly flow of US$370.4 million, justified , essentially due to the 92.3% reduction in the import of various machinery, with emphasis on Large Projects, which in the first quarter of 2022 had the registration of the operation of the Coral Sul FLNG floating platform in Area 4 of the Rovuma basin.<\/p>\n

South Africa was the main country of origin of Mozambican imports, with a weight of 23.2% of the total, which corresponds to US$481 million, followed by China, United Arab Emirates, India and Singapore, with 14.4%, 12.7%, 7.4%, and 5.9% respectively of the total weight of the country\u2019s import expenditure.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambique registered a fall of 66.1% in imports of goods to a total of US$2.1 billion in the first quarter of this year, against US$4.6 billion registered in the same period of 2022. The data appear in the quarterly Balance of Payments Bulletin (BoP), released last Wednesday (02-08) by the central bank […]<\/p>\n","protected":false},"author":84,"featured_media":44423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-44424","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":"\nImports fell 66.1% in Q1 to $2.1 billion \u2013 central bank - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique registered a fall of 66.1% in imports of goods to a total of US$2.1 billion in the first quarter of this year ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Imports fell 66.1% in Q1 to $2.1 billion \u2013 central bank\" \/>\n<meta property=\"og:description\" content=\"Mozambique registered a fall of 66.1% in imports of goods to a total of US$2.1 billion in the first quarter of this year ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-10T11:26:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-10T11:43:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1691651545.065927.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"454\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Imports fell 66.1% in Q1 to $2.1 billion \u2013 central bank\",\"datePublished\":\"2023-08-10T11:26:51+00:00\",\"dateModified\":\"2023-08-10T11:43:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank\"},\"wordCount\":344,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1691651545.065927.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/imports-fell-66-1-in-q1-to-2-1-billion-central-bank\",\"name\":\"Imports fell 66.1% in Q1 to $2.1 billion \u2013 central bank - 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