{"id":6351,"date":"2021-09-23T17:30:05","date_gmt":"2021-09-23T17:30:05","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=6351"},"modified":"2021-09-23T15:30:17","modified_gmt":"2021-09-23T15:30:17","slug":"mozambique-goods-trade-with-foreign-countries-fell-16-8-in-2020-ine","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-goods-trade-with-foreign-countries-fell-16-8-in-2020-ine","title":{"rendered":"Mozambique: Goods trade with foreign countries fell 16.8% in 2020 \u2013 INE"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a>. <\/strong><\/span>The overall volume of Mozambique\u2019s foreign trade in goods abroad fell by 16.8% in 2020 compared to the previous year, the National Statistics Institute (INE) said on Wednesday in the bulletin of statistics on Foreign Trade.<\/p>\n<p>\u201cIn 2020, goods worth a total of $10.05 billion (\u20ac8.55 billion) were transacted with foreign countries against the $12.09 billion (\u20ac10.28 billion) recorded in 2019,\u201d according to the document.<\/p>\n<p>The highest ever level of Mozambique\u2019s trade in goods with foreign countries was reached in 2013 with $14.12 billion (\u20ac12 billion),\u201d it said.<\/p>\n<p>Between 2019 and 2020, the trade balance worsened by about $123.6 million (\u20ac105 million ), going from -$2.75 billion (-\u20ac2.34 billion) in 2019 to -$2.88 billion (-\u20ac2.44 billion) in 2020.<\/p>\n<p>In 2020, the country exported goods worth a total of $3.58 billion (\u20ac3.04 billion), equivalent to a drop of 23.1% compared to the $4.66 billion (\u20ac3.96 billion) recorded in 2019.<\/p>\n<p>On the imports side, an overall value of $6.47 billion (\u20ac5.49 billion) was recorded, which was also a drop of 12.9% compared to the $7.42 billion (\u20ac6.31 billion) recorded in 2019.<\/p>\n<p>Both in 2019 and 2020 South Africa was the main trading partner with Mozambique.<\/p>\n<p>At the level of imports from the European Union, Portugal was Mozambique\u2019s main partner (33.5%), followed by Italy (16.0%), Germany (11.9%) and the Netherlands (8.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The overall volume of Mozambique\u2019s foreign trade in goods abroad fell by 16.8% in 2020 compared to the previous year, the National Statistics Institute (INE) said on Wednesday in the bulletin of statistics on Foreign Trade. \u201cIn 2020, goods worth a total of $10.05 billion (\u20ac8.55 billion) were transacted with foreign countries [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":6350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-6351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","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>Mozambique: Goods trade with foreign countries fell 16.8% in 2020 \u2013 INE - 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