Zimbabwe recorded a trade deficit of 22.10 USD Million in February of 2019. Balance of Trade in Zimbabwe averaged -249.49 USD Million from 1991 until 2019, 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.

Balance of Trade in Zimbabwe is expected to be -215.00 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 -280.00 in 12 months time. In the long-term, the Zimbabwe Balance of Trade is projected to trend around -295.00 USD Million in 2020, according to our econometric models.

Zimbabwe Balance of Trade
Forecast Data Chart
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Zimbabwe Trade Last Previous Highest Lowest Unit
Balance of Trade -22.10 -44.20 293.00 -3957.75 USD Million [+]
Current Account -240.50 -591.30 698.00 -3432.23 USD Million [+]
Current Account to GDP -3.70 -5.60 1.60 -29.80 percent [+]
Imports 370.50 336.70 6207.50 336.70 USD Million [+]
Exports 348.40 292.60 2496.00 143.87 USD Million [+]
External Debt 13134.00 11299.00 13134.00 3422.00 USD Million [+]
Terrorism Index 1.57 0.20 3.74 0.20 [+]
Tourist Arrivals 2422930.00 2167686.00 2508255.00 237668.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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. This page provides - Zimbabwe Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zimbabwe Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-22.10 -44.20 293.00 -3957.75 1991 - 2019 USD Million Monthly

Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 15671.60 Apr/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 2884.57 Apr/19
Japan -967.11 May/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 3962.64 May/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19