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Republic of Mozambique is a country located in Southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini (Swaziland) and South Africa to the southwest.
Mozambique is endowed with rich natural resources. The country's economy is mainly based on agriculture, but the industry is growing, particularly food and beverages, chemical manufacturing and aluminium and petroleum production. The tourism sector is also expanding. South Africa is Mozambique's leading trading partner and source of foreign direct investment, while Belgium, Brazil, Portugal and Spain are also among the country's most important economic partners.
Data Source: GECF Annual Statistical Bulletin 2023