Zimbabwe recorded a trade deficit of 77.30 USD Million in June of 2020. source: ZIMSTAT, Zimbabwe

Balance of Trade in Zimbabwe averaged -227.14 USD Million from 1991 until 2020, reaching an all time high of 293 USD Million in December of 2000 and a record low of -3957.75 USD Million in December of 2009. This page provides - Zimbabwe Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zimbabwe Balance of Trade - values, historical data and charts - was last updated on November of 2020.

Balance of Trade in Zimbabwe is expected to be 20.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Zimbabwe to stand at -15.00 in 12 months time. In the long-term, the Zimbabwe Balance of Trade is projected to trend around 50.00 USD Million in 2021 and -70.00 USD Million in 2022, according to our econometric models.

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Zimbabwe Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-77.30 -62.40 293.00 -3957.75 1991 - 2020 USD Million Monthly

Zimbabwe Trade Last Previous Highest Lowest Unit
Balance of Trade -77.30 -62.40 293.00 -3957.75 USD Million [+]
Current Account 311.20 -1388.00 698.00 -3432.23 USD Million [+]
Current Account to GDP -2.20 -3.30 1.60 -19.30 percent [+]
Imports 407.30 361.10 6207.50 224.70 USD Million [+]
Exports 330.00 298.70 2496.00 143.87 USD Million [+]
Terrorism Index 2.83 1.57 3.74 0.20 [+]
Tourist Arrivals 2294259.00 2579974.00 2579974.00 237668.00 [+]
External Debt 14324.00 13134.00 14324.00 3422.00 USD Million [+]


Zimbabwe Balance of Trade
In recent years, Zimbabwe has run systemic trade deficits due to decline in exports. Zimbabwe is a net importer of fuel and capital goods. Main export is tobacco (23 percent of total exports). Others include nickel (20 percent), diamonds and platinum. Zimbabwe’s main trading partners are South Africa and China.