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Zimbabwe's trade data reflects its economic activities in the global market. As a lower-middle-income country, Zimbabwe has a diverse range of exports including minerals, agricultural products, and textiles. The country's trade balance has been negative, indicating higher imports than exports. Key export commodities include gold and tobacco, with significant trade partners such as South Africa and the United Arab Emirates. Importantly, trade policies and tariffs play a role in shaping the trade dynamics of Zimbabwe.
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In 2022, Zimbabwe’s major trading partners for exports were:
United Arab Emirates: $4.78 billion
South Africa: $1.47 billion
China: $625 million
Belgium: $297 million
Mozambique: $191 million
For imports, the main partners were:
South Africa: $3.3 billion
China: $1.24 billion
Singapore: $1.04 billion
United Arab Emirates: $479 million
Mozambique: $336 million
In 2022, Zimbabwe’s top trade industries based on export value were:
Tobacco, manufactured substitutes: $1 billion (36.1% of total exports)
Iron, steel: $556.4 million (19.8%)
Salt, sulphur, stone, cement: $251.7 million (8.9%)
Mineral fuels including oil: $212.3 million (7.5%)
Ores, slag, ash: $158.9 million (5.6%)
Cotton: $120.2 million (4.3%)
Gems, precious metals: $96.8 million (3.4%)
Fruits, nuts: $80.3 million (2.9%)
Sugar, sugar confectionery: $30.7 million (1.1%)
Raw hides, skins not furskins, leather: $27.8 million (1%)
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