Zimbabwe recorded a trade deficit of 198 USD Million in December of 2018. Balance of Trade in Zimbabwe averaged -252.89 USD Million from 1991 until 2018, 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 -240.00 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 -198.00 -157.40 293.00 -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 572.72 629.04 6207.50 340.69 USD Million [+]
Exports 374.71 471.69 2496.00 143.87 USD Million [+]
External Debt 11299.00 10960.00 11299.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-198.00 -157.40 293.00 -3957.75 1991 - 2018 USD Million Monthly

Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19