Mozambique remains an overwhelmingly agricultural country, with the majority of its workers engaged in traditional subsistence cultivation. The principal cash crops include cashews, sugarcane, cotton, copra, and tea. Cattle and goats are raised, but their numbers are kept low by the tsetse fly . There are small forestry and fishing industries, including shrimp. There are also significant coal deposits and hydropower potential.
Many citizens work abroad in South African mines.
6 Mozambique's industrial sector is devoted largely to the processing of raw materials. Privatization of state-owned industries is proceeding. The economy is also reliant on foreign aid. The annual cost of Mozambique's imports is usually much higher than its earnings from foreign sales. South Africa, the nations of Western Europe, and the United States are the country's chief trading partners.