China has become the main market for exports from the Mozambican central province of Manica, which have grown significantly over the last few years, according to a report from the provincial government.
The report said that the main markets for products from the province were China, with a share of 45.12 percent, followed by Zimbabwe with 24.32 percent, the United Kingdom (16 percent), South Africa (11.65 percent), Vietnam (2.37 percent), Zambia (0.35 percent) and Tanzania (0.11 percent).
The report, which was presented Wednesday by provincial governor Ana Comoane during a visit by the Mozambican President, also noted that the value of Manica’s exports had risen from US$13.8 million in 2009 to US$20.4 million in 2012.
From 2011 to 2012 exports from the province rose from US$15.8 million to US$20.4 million, and this year are expected to rise to US$25.5 million, the report said.
The rate of growth of exports has also increased tax revenues for the State, which have doubled over the last five years from 466 million meticals (US$15 million) in 2008 to 996 million meticals in 2012. (macauhub)