Major exports include gold, tobacco, metal alloys, cotton, and sugar. The principal imports are fuels and petroleum products, electricity, machinery and transport equipment, food, and miscellaneous manufactured goods.
What is Zimbabwe’s main exports?
Zimbabwe’s main exports include gold, platinum, chrome, tobacco, and cotton. Growth in exports has lagged behind growth in imports.
Does Zimbabwe export goods?
Zimbabwe’s main exports are tobacco (23 percent of total exports) and nickel (20 percent). Others include: diamonds, platinum, ferrochrome, and gold. Zimbabwe main export partners are: South Africa, China, Congo and Botswana.
What is Zimbabwe’s largest single import?
2013. 2012. Top Import (2019) Refined Petroleum $1.35B. Top Origin (2019) South Africa $1.97B. In 2019 Zimbabwe imported $4.83B, making it the number 138 trade destination in the world.
What are Zimbabwe main imports?
In the long-term, the Zimbabwe Imports is projected to trend around 430.00 USD Million in 2022 and 570.00 USD Million in 2023, according to our econometric models. Zimbabwe main imports are: motor vehicles and machinery, fuel and foodstuffs. Zimbabwe main import partners are South Africa and China.
What does Zimbabwe Import export?
Major exports include gold, tobacco, metal alloys, cotton, and sugar. The principal imports are fuels and petroleum products, electricity, machinery and transport equipment, food, and miscellaneous manufactured goods.
Why does Zimbabwe trade with other countries?
Zimbabwe’s economy is well diversified and the country is a reliable and competitive supplier of a wide range of minerals; agricultural products; manufactured goods; as well as value-added services. … South Africa is Zimbabwe’s number one trading partner, accounting for 71% of all exports and 38% of imports, in 2015.
What makes up Zimbabwe economy?
The economy of Zimbabwe is mainly relies on its tertiary industry, which makes up to 60% of the total GDP as of 2017. Zimbabwe has the second biggest informal economy as a share of its economy, which has a score of 60.6%. Agriculture and mining largely contribute to exports.
Where does Zimbabwe export gold?
The main destination of Gold exports from Zimbabwe are: United Arab Emirates ($1.3B), South Africa ($412M), Hong Kong ($9.88M), and Israel ($228k). The fastest growing export markets for Gold of Zimbabwe between 2018 and 2019 were Hong Kong ($9.88M)and Israel ($228k).
What does Zimbabwe import from China?
Zimbabwe Imports from China. Value. Year. Machinery, nuclear reactors, boilers. $138.89M.
What does South Africa export to Zimbabwe?
Mineral fuels, oils, distillation products. $203.71M. 2020. Vehicles other than railway, tramway. $198.53M.
What does Zimbabwe trade with SA?
South Africa’s bilateral trade with Zimbabwe (2007 – 2016)
Exports on the other hand are quite diversified ranging from machinery; mineral fuels; vehicles; plastic products; electrical equipment among others; the bulk of which are value added products.
What agricultural products does Zimbabwe export?
Zimbabwe’s principal agricultural exports in descending order include tobacco (60 percent of total agricultural production), cotton lint (about 10 percent), raw sugar (9 percent), tea and coffee, horticultural products and maize (in nondrought years).
Does Zimbabwe trade with us?
Zimbabwe is currently our 174th largest goods trading partner with $87 million in total (two way) goods trade during 2019. Goods exports totaled $40 million; goods imports totaled $47 million. The U.S. goods trade deficit with Zimbabwe was $7 million in 2019.
What is Zambia’s main export?
Zambia’s main export, copper accounts for 70 percent of Africa’s production and 60 percent of country’s total exports. Other exports include: sugar, tobacco, gemstones, cotton and electricity. Zambia’s main export partner is Switzerland (45 percent of total exports).
Does Zimbabwe export or import more?
Zimbabwe Exports and Imports of Product Groups 2019
Zimbabwe Raw materials exports are worth US$ 1,883 million, product share of 43.99%. Zimbabwe Raw materials imports are worth US$ 148 million, product share of 3.09%. … Zimbabwe Intermediate goods imports are worth US$ 1,215 million, product share of 25.38%.