Mozambique Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $2 billion (1985 est.), about $150 per capita; average annual growth rate — 1 % (1971-84 est.)

Natural resources: coal, iron ore, natural gas, copper, heavy minerals, bauxite, possibly petroleum

(South-West Africa)

Agriculture cash crops- -raw cotton, cashew nuts, sugar tea, copra, sisal, rice; other crops- corn, wheat, peanuts, potatoes, beans sorghum, cassava, imports corn and wheat

Fishing· 13,5u0 metric tons (1984)

Major industries: food processing (chiefly sugar, tea, wheat, flour, cashew kernels); chemicals (vegetable oil, oilcakes, soap, paints); petroleum products; beverages; textiles; nonmetallic mineral products (cement, glass, asbestos, cement products); tobacco

Electric power. 228,700 kW capacity (1985);

2.998 billion kWh produced (1985), 217 kWh per capita

Exports: $95 million (1984), cashews, shrimp, sugar, tea, cotton

Imports: $539 million (1984); refined petroleum products, machinery, transportation goods, spare parts, consumer goods

Major trade partners: exports—US, Western Europe; imports—Western and Eastern Europe

Budget (1982) current expenditures, $500 million; revenues, $600 million

Monetary conversion rate-43 meticais= US$1 (January 1985)

Fiscal year· calendar year

NOTE: The information regarding Mozambique on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Mozambique 1986 information contained here. All suggestions for corrections of any errors about Mozambique 1986 should be addressed to the CIA or the source cited on each page.