Crude oil exports from Mozambique: data, top buyers and prices
Mozambique exported $126.7 million of crude oil in 2024 (145.8 thousand tonnes). The value was almost unchanged from 2023. Over 2017-2024 the trade grew strongly, by about 49% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $126.7M | 145.8K t |
| 2023 | $123.6M | 120.7K t |
| 2022 | $1K | 1 t |
| 2021 | $28.0M | 42.4K t |
| 2020 | $15.2M | 39.2K t |
| 2018 | $8.2M | 13.7K t |
| 2017 | $7.9M | 19.7K t |
Where Mozambique exports crude oil to
One buyer market dominates: South Korea accounted for 64% of the value.
| Destination | Value | Share |
|---|---|---|
| South Korea | $81.4M | 64% |
| China | $26.9M | 21% |
| United Arab Emirates | $18.4M | 15% |
Average export price per kg
The average declared value was about $0.87 per kg, 61% above the world average of $0.54. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Mozambique?
The shipment records behind Mozambique crude oil exports (HS 2709): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Common questions
What is the value of crude oil exported by Mozambique?
Mozambique exported crude oil worth $126.7 million in 2024, the latest year with complete public data, about 145.8 thousand tonnes. That ranks it 68th of 138 countries worldwide, with 0% of world exports. The value was up 3% on 2023.
Which countries buy crude oil from Mozambique?
South Korea was the largest buyer with 64% of the value ($81.4 million), followed by China (21%) and the United Arab Emirates (15%). The top three together account for 100%, out of 3 buyer countries in total.
What is the average export price of crude oil per kg?
The average declared export value was about $0.87 per kg in 2024, 61% above the world average of $0.54 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of crude oil from Mozambique changed since 2017?
Exports went from $7.9 million in 2017 to $126.7 million in 2024. 2024 was the highest year in the period. Over 7 years the average was $44.2 million a year.
What is the HS code for crude oil?
The HS code for crude oil is heading 2709. In Mozambique all of this trade was declared under the six-digit code 2709.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2709 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Mozambique. Tell us your product to see it live.
Same product, other countries
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.