U.S. Imports of Goods by Customs Basis from Mozambique
IMP7870 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.98
Year-over-Year Change
-87.40%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the United States from Mozambique on a customs basis. It provides insights into trade flows and the commercial relationship between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Imports of Goods by Customs Basis from Mozambique series tracks the dollar value of physical merchandise imported into the U.S. from Mozambique, as recorded by U.S. Customs and Border Protection. This data is used by economists and policymakers to analyze trade patterns and the strength of economic ties between the two nations.
Methodology
The data is collected through the automated processing of customs declarations filed by importers.
Historical Context
This metric is closely watched by trade analysts and government agencies to monitor the health of the U.S.-Mozambique commercial relationship.
Key Facts
- Imports from Mozambique account for less than 0.1% of total U.S. goods imports.
- The top U.S. imports from Mozambique are aluminum, cashews, and precious metal ores.
- Import values have fluctuated significantly over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of physical goods imported into the United States from Mozambique, as recorded by U.S. Customs.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and commercial ties between the U.S. and Mozambique, which is of interest to economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through the automated processing of customs declarations filed by importers.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by trade analysts and government agencies to assess the health of the U.S.-Mozambique commercial relationship and inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: There may be lags of a few months between the reference period and data publication due to the time required for customs processing and reporting.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Mozambique (IMP7870), retrieved from FRED.