Trade Trend

In 2023, Zimbabwe's total export value is 7.23Billion USD, total import value is 9.21Billion USD, Deficit is -1.98Billion USD, and foreign trade dependency is 0.619. In 2023，Zimbabwe's top export products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(1.81Billion USD), Tobacco, unmanufactured; tobacco refuse(1.19Billion USD), Nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgy(989.70Million USD), top export destinations are South Africa(2.23Billion USD), United Arab Emirates(1.91Billion USD), China(1.28Billion USD). In 2023, Zimbabwe's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(1.54Billion USD), Vehicles; for the transport of goods(276.55Million USD), Fertilizers; mineral or chemical, nitrogenous(239.80Million USD), top import origins are South Africa(3.50Billion USD), China(1.37Billion USD), Bahamas(469.43Million USD).

Comparing to 2022, Zimbabwe's total export value increased 639.61Million USD(9.71%) in 2023, this could result from its export increases of products such as Mineral substances not elsewhere specified or included(805.74Million USD or 1.06Thousands%), Tobacco, unmanufactured; tobacco refuse(264.88Million USD or 28.60%), Diamonds, whether or not worked, but not mounted or set(159.90Million USD or 96.95%) and export increases to countries/economics such as China(697.52Million USD or 119.68%), Mozambique(207.35Million USD or 108.93%), Hong Kong CN(162.76Million USD or 1.97Thousands%). Comparing to 2022, Zimbabwe's total import value increased 534.13Million USD(6.16%) in 2023, this could result from its import increases of products such as Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(208.22Million USD or 15.59%), Maize (corn)(112.97Million USD or 289.24%), Aircraft n.e.c. in heading no. 8801, except unmanned aircraft of heading 8806, (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles(93.77Million USD or 177.25%), and its import increases from countries/economies such as Bahamas(469.43Million USD or 643.05Million%), Bahrain(326.36Million USD or 7.55Million%), China(178.82Million USD or 15.00%).

Cumulated to first 6 months of 2024, Zimbabwe's total export value is 2.65Billion USD, total import value is 2.96Billion USD, and tradedeficit is -310.36Million USD. Cumulated to first 6 months of 2024, Zimbabwe's top export products are Tobacco, unmanufactured; tobacco refuse(686.04Million USD), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(492.21Million USD), Nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgy(374.76Million USD), and top export destinations are South Africa(806.77Million USD), China(734.34Million USD), United Arab Emirates(574.27Million USD). Cumulated to first 6 months of 2024, Zimbabwe's top import products are Tobacco, unmanufactured; tobacco refuse(686.04Million USD), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(492.21Million USD), Nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgy(374.76Million USD), and top import origins areSouth Africa(1.09Billion USD), China(539.93Million USD), Bahamas(227.71Million USD).