South Africa Remains Zimbabwe’s Major Trading Partner - ZIMSTAT
The Zimbabwe National Statistics Agency (ZIMSTAT) has announced that South Africa remained Zimbabwe’s major trading partner in April 2022.
Exports
The agency reported that in April 2022, exports to South Africa were 40.6% compared to 42.9% in March 2022.
Exports to the United Arab Emirates constituted 34.1% in April 2022 compared to 31.3% in March 2022.
The value of exports to China increased to 9.9% in April 2022, from 5.9% in March the same year.
Exports to Mozambique constituted 4.3% in April 2022 being a decline from 7.1% in March 2022.
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The proportion of exports to Belgium was 1.2% in April 2022, compared to 2.1% in March 2022.
Imports
The proportion of imports from South Africa was 43.8% in April 2022, compared to 42.0% in March 2022.
The proportion of the value of imports from Singapore increased to 16.4% in April 2022, compared to 12.6% in March 2022.
Imports from China increased to 13.6% in April 2022 from 11.6% in March 2022.
Other imports in 2022 came from Mozambique (2.8%), Mauritius (2.6%), India (2.4%), (United Emirates (1.4%), Zambia (2.6%), United Kingdom (1.2%) and United States (0.7%).
Economists say inflation in the geoeconomic arena also suggests that Zimbabwe is also importing inflation.
They urge the Southern African country to revive the local industry.
Zimbabwe imports basic commodities such as:
- i). Rice;
- ii). Flour,
- iii). Cooking Oil
- iv). Margarine;
- v). Salt;
- vi). Sugar;
- vii). Maize meal;
- viii). Milk Powder;
- ix). Infants Milk Formula;
- x). Tea,
- xi). Petroleum Jelly;
- xii). Toothpaste;
- xiii). Bath Soap;
- xiv). Laundry Bar; and
- xv). Washing Powder.
