There is a considerable amount of unofficial trade along the borders as well as unreported fish exports to Asia. In April 1997, Mozambique began a three-year contract with Crown Agents, a private British company, to take responsibility for the regulation of foreign trade in order to reduce smuggling and corruption.
Shrimp account for the largest portion of Mozambique's export revenues (26%). Other exports include electric current (23%), fruits and nuts (15%), cotton (7.3%), and sugar (2.1%). 1997, Mozambique's imports were distributed among the following categories:
Principal trading partners in 1998 (in millions of US dollars) were as follows:
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