Revenues from rubies amounted to around 200 million US dollars last year.

According to the Bank of Mozambique, in its recently published annual Balance of Payments (BoP) and International Investment Position (IIP) report, rubies were one of the main traditional products exported in 2022.

"The figure represents an increase of 17.6%, compared to 2021, as a result of the positive results in international auctions," the report revealed.

According to Banco de Moçambique, the positive impact of the discovery in September 2022, in the province of Cabo Delgado, of a 101-carat ruby, of the highest quality in the world, named "Estrela Fura", has left a good impression on international markets.