First release of Moz export data 2014

Mozambican traditional agricultural exports were done 23% in 2014 compared to 2013, according to the Bank of Mozambique.



Falling world prices meant tobacco exports were down 40% and sugar 8% down. But bananas have become a major export.



The prawn catch is down from 6 160 tonnes in 2010 to 3 555 tonnes last year, due to overfishing (O Pais, April 10).



The first export data for 2014 was released by the Bank of Mozambique.

2014 exports ($ million) - 3 916:



Traditional Agric- 1 497:

Tobacco - 250

Timber - 120

Sugar - 81

Cotton - 80

Banana - 49

Prawns - 41

Cashew – 17



Big projects - 2 430

Aluminium – 1 052

Coal - 491

Electricity - 355

Gas - 340

Heavy sands - 178

(Some numbers have been scaled from a chart, and may not be precisely correct).



Foreign direct investment was US$4.9 billion, of which 62% was for the mining sector, the bank reported. The two largest investors were from the US (36%) and United Arab Emirates (31%).



Sources: The Hanlon Report and the Mozambican Investor