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Zimbabwe maize imports drop 72% as harvests come in

by Staff reporter
5 hrs ago | 135 Views
Zimbabwe has recorded a sharp 72 percent decline in maize imports, a development the government says reflects strong gains in domestic agricultural production and broader economic resilience.

In a post on its National Development Strategy 2 (NDS2) platform, authorities described the drop as a major macroeconomic milestone achieved amid volatile global grain markets and shifting climate patterns.

"A 72% drop in maize imports is a significant macroeconomic win," the government said, adding that the country's pivot towards import substitution industrialisation is helping shield the economy from external shocks such as geopolitical disruptions and supply chain constraints.

Officials estimate that in just two months, Zimbabwe saved about US$55 million that would otherwise have been spent on maize imports, easing pressure on scarce foreign currency reserves.

Economists say the savings provide crucial fiscal space, allowing government and monetary authorities to redirect resources toward infrastructure development, technology investment and other priority sectors.

"This is not just about reducing imports; it's about strengthening the entire domestic value chain," the government noted, highlighting benefits for farmers, millers, transporters and other players in the agricultural ecosystem.

The import substitution drive has also enhanced food sovereignty by reducing reliance on external suppliers, particularly from major grain-exporting regions.

From a trade perspective, the decline in imports is expected to improve Zimbabwe's balance of trade by lowering import expenditure and supporting overall economic growth.

However, experts warn that sustaining the gains will depend on continued investment in efficient and competitive local production systems.

Key priorities include expanding irrigation infrastructure to mitigate erratic rainfall, adopting drought-resistant seed varieties and improving post-harvest storage to minimise losses.

Agricultural specialists stress that climate resilience will be central to maintaining progress.

"The current gains are encouraging, but they must be consolidated through strategic investment and innovation. Climate resilience is no longer optional - it is central to food security," said a senior agricultural official.

As momentum builds, stakeholders are now focusing on scaling up successful agricultural programmes that have driven the surge in maize production, with the aim of replicating similar gains across other key crops.

Source - NewZiana
More on: #Maize, #Import, #Harvest
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