About Us India-Mozambique Economic and Commercial Relations

High Commission of India

India-Mozambique Commercial Relations


The bilateral relations between India and Mozambique have been growing quite significantly in recent years. State visit of Mozambican President Filipe Nyusi to India in August 2015 re-started the process of regular high level visits between the two countries. Mozambican Prime Minister Carlos Rosario visited India in October 2015 for the IAFS-III in New Delhi. The relationship has further gained momentum after State visit of Indian Prime Minister Shri Narendra Modi in July 2016 to Mozambique. Economically, the number of Indian companies with a presence in Mozambique has grown steadily with their current number over 50. Indian investments in Mozambique are valued approximately at USD 8 billion, which is about 25% of India’s total investments in Africa. There has been perceptible increase in interest among Indian companies about Mozambique and consequently, the numbers of business visits from India to Mozambique have grown. As per Department of Commerce's figures, India-Mozambique trade grew from USD 634.82 million in 2011-12 to USD 3.0 billion in 2019-20. In between the trade was increased to USD 2.1 billion (2014-15). However, Indian exports to Mozambique fell sharply in 2015-16 to USD 1.2 billion, and fell further to just USD 1 billion in 2016-17. It has increased o USD 2.17 billion in FY 2019-20. This decrease had been partly because of the fall in price of petroleum (refined petroleum products account for about 75% of Indian exports to Mozambique) combined with a foreign exchange crisis in Mozambique which has restricted their ability to import. In contrast to our exports to Mozambique, Mozambique's exports to India have continued to rise, amounting to USD 363 million in 2015-16, USD 546 million in 2016-17 and further to USD 1.09 billion in FY 2018-19. Hwever, in FY 2019-20 it has been decreased to USD 835 million. The increase of Mozambican exports from 2015-16 to 2018-19 was due to increase in export of coking coal. The main exports from Mozambique to India are coking coal (67%), pulses, cashew and raw materials. Apart from refined petroleum products, Indian main exports to Mozambique are pharmaceuticals, fabrics, and machinery. For two consecutive years, 2017-18 and 2018-19 Mozambique had a trade surplus with India.

The largest Indian investments have been in the coal and natural gas sectors. Indian companies present in the coal sector include private players like Godrej, Tata Steel, JSPL, JSW, Essar, Coal India Ltd and Asian Tea Group. In October 2014, international Coal Ventures Pvt. Limited (ICVL) – a joint venture set up by SAIL, CIL, RINL, NMDC and NTPC – finalised the acquisition of the massive coal assets of Rio Tinto in Tete Province of Mozambique for US$ 50 million. Indian investment in the natural gas sector is huge. In early-2014, Indian PSUs ONGC Videsh and OIL India acquired 20% stake in Area 1 of the Rovuma gas block at a cost of US $ 5.075 billion. This was in addition to 10% already held by another PSU BPCL since 2008, bringing the total investment in that gas field at present value to US $ 7.5 billion. India is the biggest stake holder in Rovuma gas field. The ‘Final Investment Decision’ of Area-1 was made on 18th June 2019.

2. Exchange of Visits: The following exchange of economic/commercial visits took place during the last about eight years:

From India:

  • Minister of State for External Affairs (MOS(PK) Smt Preneet Kaur led a 5-member official and 22-member business delegations to Mozambique from July 3 to 6, 2013 to co-chair the 3rd Joint Commission Meeting (JCM).
  • Commerce & Industry Minister (CIM), Shri Anand Sharma, accompanied by a 21-member CII delegation led by Shri Adi Godrej visited Maputo from September 27-28, 2013.
  • General V.K. Singh (Retd) visited Mozambique from 14-16 January, 2015 to attend the inauguration ceremony of President Filipe Nyusi on 15 January
  • Minister of State (Independent charge) for Petroleum and Natural Gas, Shri Dharmendra Pradhan visited from 8 -11 April 2015, he attended JWG on Petroleum during his visit.
  • From 10-11 July 2015, MoS (VKS) visited Maputo as a Special Envoy of PM to invite President Nyusi for IAFS III in October 2015 in Delhi
  • Shri P. Mara Pandian, CMD, Kerala Cashew Board Ltd visited Mozambique with delegation from December 17-20, 2017
  • MoS, Gen. V.K. Singh visited Mozambique from 11 to 14 February 2018, during which he called on President Nyusi and had meetings with the Mozambican Ministers of Foreign Affairs; Mineral Resources & Energy; Industry and Trade; and Defence. The Mozambican Minister of Mineral Resources & Energy signed International Solar Alliance agreement.

From the Mozambican side:

  • A 26-member delegation led by Agriculture Minister, and including Ministers of Energy, Health and Industry & Trade and Governors of three Provinces, attended the 9th CII-Exim Bank Conclave on India Africa Project Partnership held in New Delhi from March 17 to 19, 2013.
  • A 7-member delegation led by Minister of Public Works & Housing Cadmiel Mutemba, to attend the India Water Week – 2013 held in New Delhi from April 8 to 12, 2013.
  • Ms. Esperança Bias, Minister of Mineral Resources from January 12 to 15, 2014 to attend Petrotech-2014.
  • A 13-member delegation led by Agriculture Minister, and including Minister of Industry & Trade attended the 10th CII-Exim Bank Conclave on India Africa Project Partnership held in New Delhi from March 09-11, 2014.
  • Key representatives of trade bodies accompanied Prime Minister Carlos Agostinho do Rosario for the IAFS-III summit from 27 to 30 October 2015.
  • Foreign Minister Oldemiro Baloi made a bilateral visit to India in November 2014, signed an MOU on Cooperation in the area of Oil and Gas with our MOS for Petroleum & Natural Gas, Shri Dharmendra Pradhan
  • Mozambican Health Minister, Dr. Nazira Abdula visited India in September 2016 for attending the India-Africa Health Sciences Meeting
  • Mozambican Minister for Transport and Communication, Carlos Mesquita visited India in January 2017, during which he signed the Bilateral Air Services Agreement with the Indian Minister for Civil Aviation
  • Prime Minster of Mozambique HE Carlos Rosaria visited India in June 2018 (a Private visit)
  • Foreign Affairs Minister Jose Pacheco visited India, from 28th November to 2nd December 2018 to attend 4th Joint Commission Meeting.
  • Minister of Industry and Commerce, Dr. Ragendra de Sousa attended 14th CII-EXIM Bank conclave with business delegation from 17-19th March 2019 at New Delhi

3. To boost the bilateral commercial relations between two countries, High Commission of India in Maputo organized three virtual conferences. Virtual conference on Information and Communication Technology (ICT) sector in collaboration with Association of Information Technology Professionals and Companies (AMPETIC) and Electronic and Computer Software Export Promotion Council (ESC) of India was organised on 21st June 2020. In September 2020, Virtual Conference on Engineering Goods sector in collaboration with Confederation of Economic Associations (CTA) of Mozambique and Engineering Export Promotion Council (EEPC) of India was organised. Latest in this area is the virtual conference on Chemical Sector in collaboration with Confederation of Economic Associations (CTA) of Mozambique and Chemical Export Promotion Council (CHEMEXCIL) of India which was organised in December 2020. These events proved to be good platform for companies to present and discuss their range of products and services and possible collaboration in the areas concerned.

4. Apart from above, business delegations/representatives from several Indian companies regularly visited Mozambique and the number and frequency of such visits has increased considerably. Mozambique was the Partner Country in the CII Exim Bank Conclave on India Africa Partnership in 2011. Many Mozambican companies participate in CII EXIM banks conclaves in India every year. The visits from Indian business houses and companies included Coal India, RITES/IRCON, WAPCOS, Angelique, Essar group, Pure Diet India Ltd, Raja Ram Bapu group, MozIndia, Bharat Petro Resources Ltd (BPRL) - a 100% subsidiary of Bharat Petroleum Corporation Ltd, Ultra Tech Cements Ltd (Aditya Birla Group), Jindal Steel & Power Ltd (JSPL), Tata Mozambique, Mozambique Holdings, AFCONS Infrastructure Ltd (A Shapoorji Pallonji Group Company), Jaguar Overseas Ltd, GAIL, Angelique International Ltd, Escorts Ltd, Patel Engineering etc. A 8 member business delegation of Association of Information Technology Professionals and Enterprises (AMPETIC) visited India to attend a business conference on Information Technology in Hyderabad from 3-5 March 2020.

5. Bilateral Trade: The bilateral trade between two countries has been registering impressive growth in last few years. The figures for India’s trade with Mozambique for the last five years are given below:
Value: Million US$, DGCIS figures







Indian exports







Mozambican Exports

325.74 (+11.19%)






Total trade







Note: The figures in parenthesis represent the percentage change compared to the previous year.

5. In the fiscal year 2019-20, the total trade between India and Mozambique was US$3.009 Billion registering an increase of 38.56% compared to US$ 2.170 Billion recorded in 2018-19. The Indian exports for FY 2019-20 were US$ 2.174 Billion compared to US$ 1.07 Billion for FY 2018-19, a increase of 102.58%. The Mozambican exports for FY 2019-20 were US$ 835.07 million compared to US$ 1.097 Billion for FY 2018-19, a decrease of 23.85%. The increase in trade is mainly attributed for the increase in supply of coking coal from Mozambique to India. Consecutively two years 2017-18 and 2018-19 Mozambique had a trade surplus with India.

6. The main exports from India to Mozambique are – petroleum products, drugs/pharmaceuticals, machinery and instruments, transport equipment, rice (other than basmati), cotton yarn/fabrics, manufactures of metals, plastic & linoleum products, bicycles etc. The major exports from India have been petroleum products and drugs/pharmaceuticals.

7. The main exports from Mozambique to India are coking coal, pulses, raw cashew, coconut, metal-ores and scrap metal etc. Recently, due to restart of coal mining, the share of coal exports from Mozambique to India increased again.

8. According to the National Institute of Statistics (INE)’s 2019 Annual Report, India is the second important export destination of Mozambique in 2019 followed by South Africa. The report revealed that India purchased goods of 783 million US dollars from Mozambique in 2019, while South Africa purchased goods of million US 849 dollars. China was ranked third on the list, with purchased of goods of 324 million US dollars. Mozambique exports in 2019 reached 4.66 billion US dollars, of which 16.78% was imported by India and 18.18% by South Africa. With Regards to Mozambican imports, which reached 7.42 billion US dollars in 2019, South Africa was ranked first, with 2.12 billion US dollars (28.67%), and India was ranked fifth, with 452 million US dollars (6.08%). On this list, China was ranked second, with exports of 848 million US dollars (11.42%). Mozambique’s main export products were coking coal, aluminium ingots, electricity, natural gas, tobacco, heavy sand minerals, wood, sugar, bananas and cashew nuts. Machineries led the list of imported products, followed by petroleum products, cereals, electricity, automobiles, medicines, cement, cooking oil and beverages.

9. Mozambican Import-Export figures with all the countries in the world are mentioned in tables:
Mozambican Exports to World in 2019 Mozambican Imports from World in 2019



US $ (Million)

% of Exports



US $ (Million)

% of Import


South Africa




South Africa
















United Arab Emirates




















United Kingdom















10. Mozambican main Exports item wise to the world for the year 2019, figures are in Million US$ (as per INE 2019 report)

  • Coal                                                                     1226
  • Aluminum bar and roads                                  995
  • Electricity                                                              435
  • Heavy Sands                                                        272
  • Natural gas                                                          231
  • Tobacco                                                                230

Mozambican main Imports Item wise to the world for the year 2019, figures are in Million US$ (as per INE 2019 report)

  • Machinery                                                            1440
  • Diesel                                                                     589
  • Cereals                                                                  487
  • Automobiles                                                         416
  • Petrol                                                                    184
  • Pharmaceuticals                                                  162

11. Trade Agreements:

  • A Trade Agreement was signed between India and Mozambique in 1982. During the second Joint Commission meeting held in New Delhi in February 2009, the Indian side handed over draft of a new trade agreement. The Mozambican side had conveyed in August 2013 that they were ready to sign the agreement, which is presently under consideration on our side.
  • Agreement on Bilateral Promotion and Reciprocal Protection of Investment (BIPA) was signed in February 2009. The agreement has been ratified by both the governments.
  • Double Tax Avoidance Agreement (DTAA), MOU on cooperation on promotion of Micro, Small and Medium Enterprises, and MOU on cooperation in the field of Mineral Resources were signed in September 2010.
  • Memorandum of Understanding on cooperation in the field of Oil and Gas was signed in November 2014.
  • Memorandum of Understanding on Cooperation in the field of New and Renewable Energy was signed in during state visit of President Nyusi in August 2015.


April 2021