Later this year, an independent company will begin inspecting the quantities and specifications of minerals exported by operators in the sector in Mozambique. "What used to happen was that a thousand tons of a mineral with a certain specification and price would be declared as leaving a national port, but at the destination they would mysteriously arrive in the...
Tag: exports
Post
Balama graphite to be exported via Pemba port
The port of Pemba, in the province of Cabo Delgado, northern Mozambique, could increase its cargo handled with the start this month of exports of graphite extracted in the Balama district. Until now, this mineral, which is strategic for the production of batteries for electric cars, was shipped exclusively from Nacala, in neighboring...
Post
Under-invoicing of mining exports causes $250 million loss annually
The Mozambican state loses around 250 million dollars every year due to under-declarations in its mining exports. For example, when exporting graphite, different entities can declare values with a difference of up to 50%, the Minister of Economy and Finance, Max Tonela, said today. In order...
Post
Zimbabwe's exports to Mozambique increased by 80% in 1st quarter
Zimbabwean exports to the country grew by around 80% between January and April this year, compared to the same period last year. The information was shared as part of the Foreign Sales Mission that took place last week in Tete province. Zimbabwe's economic diplomacy agenda, designed to unblock the...
Post
Manica: Exports to reach 32 million dollars in 2022
Manica province's exports reached 32 million dollars in 2022, compared to 31 million dollars in 2021. Of this amount, seven million dollars came from fruit exports, according to figures from the Provincial Directorate for Industry and Trade. "Our challenge is to empower fruit producers to master the techniques...
Post
Exports rose by USD 2.6 billion last year
The country's sales of goods to the international market increased by 2.6 billion dollars last year compared to the same period in 2021, reveals the latest report from the Bank of Mozambique (BM). According to the WB's annual report, cited by the newspaper O País, the national economy's exports in...
Post
China reduces 98% tariffs for Mozambican exports
Mozambican exporters of products to China will soon be able to benefit from a reduction in the customs duties applied to the shipment of goods. To this end, Mozambique and China recently initialed a Preferential Treatment Agreement for Goods Originating in Mozambique. The memorandum provides for Mozambican products to benefit from a...
Post
Exports: Country registers 58% growth by 2022
Mozambique's exports grew by 58% last year, announced the spokesman for the Council of Ministers, Filimão Suaze. "We have to share that in terms of exports the country recorded an increase of 58 %, going from 5.184 billion dollars (in 2021) to 8.199 billion US dollars (in 2022),"...
Post
Exports from Portuguese-speaking countries to Macau rose 65.1% in January
Exports of goods from Portuguese-speaking countries to Macau rose by 65.1% in January, compared to the same month in 2022, according to official figures released today. The value exported by Portuguese-speaking countries to the territory stood at 124.8 million patacas (14.6 million euros) last month, according to the...
Post
Exports earned more than $2.2 billion in the third quarter
The Bank of Mozambique (BM) reveals that exports of goods from the Mozambican economy earned the country around 2,205 million dollars, an increase of 650.7 million dollars when compared to the third quarter of 2021. This increase was due to the revenue generated by the products of major projects (GP) and the traditional economy, which...