Zimbabwe

Zimbabwe

Global Trade Profile β€’ Rank #106 Exporter

$9.10B

Total Exports (2023)

$9.60B

Total Imports (2023)

$498.35M

Trade Deficit

#106

Export Ranking

Trade Flow Visualization

Interactive map showing Zimbabwe's top trading partners. Green lines represent exports, red lines represent imports.

#106

Export Rank

$9.10B

Total Exports

$9.60B

Total Imports

-$498.35M

Trade Balance

31

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Metals: gold, non-monetary, unwrought (but not pow...
20.6%$1.87B
#2Metals: gold, semi-manufactured
19.9%$1.81B
#3Tobacco: partly or wholly stemmed or stripped
12.5%$1.14B
#4Nickel: nickel mattes
10.9%$989.84M
#5Mineral substances: n.e.c. in chapter 25
8.7%$792.80M
#6Ferro-alloys: ferro-chromium, containing by weight...
5.5%$504.51M
#7Chromium ores and concentrates
3.1%$284.57M
#8Diamonds: non-industrial, unworked or simply sawn,...
2.1%$187.36M
#9Coke and semi-coke: of coal, lignite or peat, whet...
1.7%$154.23M
#10Diamonds: whether or not worked, but not mounted o...
1.5%$137.57M

πŸ“₯ Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
16.0%$1.53B
#2Vegetable oils: soya-bean oil and its fractions, c...
2.2%$210.05M
#3Electrical energy
1.9%$183.07M
#4Vehicles: compression-ignition internal combustion...
1.6%$156.91M
#5Cereals: rice, broken
1.5%$147.24M
#6Helicopters: of an unladen weight not exceeding 20...
1.4%$132.03M
#7Medicaments: consisting of mixed or unmixed produc...
1.4%$131.39M
#8Cereals: maize (corn), other than seed
1.1%$105.36M
#9Cereals: wheat and meslin, durum wheat, other than...
0.9%$88.41M
#10Fertilizers, mineral or chemical: nitrogenous, amm...
0.9%$84.12M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Zimbabwe Trade Analysis 2023

πŸ“Š Overview

#106
Global Export Rank
18.69B
Total Trade Volume
0.09%
Share of Global Trade

Zimbabwe stands as the world's #106 largest exporter and #119 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 498.35 million, reflecting import dependencies for growth.

9.10B
Total Exports
9.60B
Total Imports
0.95
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $1.56B, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

United Arab Emirates
China
South Africa
Mozambique
Belgium
Others

Export Market Concentration

17.4%
$1.59B
15.7%
$1.43B
4.4%$396.45M
2.2%$202.12M
1.6%$147.78M
13 others
8.9%$813.22M

Export concentration shows United Arab Emirates as the dominant market at 43.7%. The top three markets control 76.9% of exports.

⚠️

Market Concentration Risk

Heavy reliance on United Arab Emirates (43.7% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
83.4%
Top 5 Markets
90.8%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (China, Hong Kong SAR, Zambia, India) provide $672.35M in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

37.3%
$3.58B
15.5%
$1.49B
4.9%$469.43M
4.8%$461.06M
3.4%$326.36M
3.2%$307.04M
13 others
18.5%$1.78B

Zimbabwe relies heavily on South Africa for imports (37.3%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (384.02M) collectively provide 384.02 million or 4.0% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Thailand, reflecting deep integration into Asian production networks. China's dominant position at 1.49 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The top 10 import sources account for 81.4% of total imports, with the remaining 19% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (58.24M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with India, Thailandemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

gold, non-monetary, unwrought (but not powder)...
20.6%
$1.87B
gold, semi-manufactured
19.9%
$1.81B
partly or wholly stemmed or stripped
12.5%$1.14B
nickel mattes
10.9%$989.84M
n.e.c. in chapter 25
8.7%$792.80M
3 others
10.7%$976.44M

Zimbabwe's export economy centers on diversified industrial production, with the leading export being gold, non-monetary, unwrought (but not powder)at $1.87 billion, accounting for 20.6% of total exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Zimbabwe maintains strong positions in specialized equipment,, and Metals, Tobacco.

The top 20 export products collectively account for 93.4% of total exports, revealing moderate concentration with room for further diversification.

πŸ›’ Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
16.0%
$1.53B
soya-bean oil and its fractions, crude, whether or...
2.2%$210.05M
Electrical energy
1.9%$183.07M
compression-ignition internal combustion piston en...
1.6%$156.91M
rice, broken
1.5%$147.24M
3 others
3.8%$368.77M

Energy dominates Zimbabwe's import profile, with fossil fuels accounting for 1.80 billion or 18.7% of total imports. Crude oil leads at 1.53 billion (16.0%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $1.80B account for 18.7% of all imports, making Zimbabwe vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include soya-bean oil and its fractions, crude, ... (210.05M, 2.2%), compression-ignition internal combustion... (156.91M, 1.6%), rice, broken (147.24M, 1.5%), of an unladen weight not exceeding 2000k... (132.03M, 1.4%), consisting of mixed or unmixed products ... (131.39M, 1.4%).Pharmaceutical products represent 131.39 million (1.4%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Zimbabwe's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (11 : 9among top 20 products) indicates significant value-addition activities domestically. Import substitution potential exists in agriculture and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 12 primary products to 0 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

βš–οΈ Trade Balance Dynamics

-498.35 million
Trade Deficit β€’ 2.67% of total trade
PartnerExportsImportsBalance
South Africa$1.43B$3.58B$-2.15B
United Arab Emirates$3.98B$384.02M+$3.59B
China$1.59B$1.49B+$98.40M
Mozambique$396.45M$307.04M+$89.41M
Bahamas$0$469.43M$-469.43M

Export-to-import ratio of 0.948 means exports cover 94.8% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
South Africa$1.43B$3.58B$-2.15B
United Arab Emirates$3.98B$384.02M+$3.59B
China$1.59B$1.49B+$98.40M
Mozambique$396.45M$307.04M+$89.41M
Bahamas$0$469.43M$-469.43M
Singapore$0$461.06M$-461.06M
Zambia$147.78M$264.23M$-116.44M
India$136.82M$265.02M$-128.20M
Total$7.67B$7.22B+$456.18M

The Zimbabwe-South Africa relationship leads at 5.01 billion in bilateral trade.View detailed analysis β†’

Additional major partnerships include China (3.07B total trade), Mozambique (703.49M total trade), Bahamas (469.43M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”15.57B across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Zimbabwe as the #106 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.091%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Zimbabwe's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly ingold, non-monetary, unwro, gold, semi-manufactured, partly or wholly stemmed . The revealed comparative advantage is strongest in product categories representing53.0% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 498.35M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Indonesia, Italy, Germany, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Zimbabwe's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Zimbabwe's position as the world's #106 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026