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Zimbabwe trade deficit drops 94.5% in July

Zimbabwe's external trade position saw a remarkable turnaround in July 2025, with the nation's goods trade deficit plunging by 94.5 percent to just US$8.7 million, according to the Zimbabwe National Statistics Agency (Zimstat). The sharp i…

Published: 31 Aug 2025 at 09:19hrs | 57 | by Staff reporter

Zimbabwe's trade deficit widens by 28%

Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest figures from the Zimbabwe National Statist…

Published: 17 May 2025 at 14:01hrs | 109 | by Staff reporter

Zimbabwe's power deficit soars to 1,560 megawatts

Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Committee on Energy and Power Development.…

Published: 12 Feb 2025 at 15:27hrs | 415 | by Staff reporter

Zimbabwe trade deficit narrows to US$137,7 million

Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth in exports and continued trade with ke…

Published: 07 Dec 2024 at 10:33hrs | 527 | by Staff reporter

Zimbabwe govt posts ZiG3,4bn budget deficit

GOVERNMENT has reported a ZiG3,4 billion budget deficit for the first nine months of the year owing to inflationary pressures and growing expenditure.Finance, Economic Development and Investment Promotion minister Mthuli Ncube said this du…

Published: 07 Nov 2024 at 07:13hrs | 271 | by Staff reporter

Zimbabwe's trade deficit reaches US$268,7million

ZIMBABWE exported goods worth US$550,6 million in December with three major export destinations South Africa, the United Arab Emirates and China accounting for about 73 percent of the total value, latest data from the Zimbabwe Statistics A…

Published: 30 Jan 2024 at 04:21hrs | 2 | by Staff reporter

Zimbabwe trade deficit hits US$34bn as industrialisation flops

ZIMBABWE has since 2002 accumulated a trade deficit of more than US$34 billion, a clear indication that the country's industrialisation-led import-substitution programmes have failed, new data show.The country's external sector position ha…

Published: 11 Jun 2022 at 09:31hrs | 12 | by Staff reporter

Zimbabwe's trade deficit narrows

Zimbabwe recorded a sharp decline in trade deficit in January this year after exports surged modestly compared to the prior month, December 2021, official statistics show.In January 2022 Zimbabwe exported goods worth US$5439 million, 8 per…

Published: 11 Apr 2022 at 06:27hrs | 3 | by Staff reporter

Zimbabwe suffers US$300m trade deficit

ZIMBABWE suffered a US$300 million trade deficit during the first quarter of 2021, as imports continued to dominate the value of goods exported by the country, data from the Ministry of Finance and Economic Development showed this week.In …

Published: 11 Jun 2021 at 06:36hrs | 1 | by Staff reporter

Zimbabwe records US$17.7 million trade deficit in January

ZIMBABWE recorded a trade deficit of US$17,7 million in January this year compared to a surplus of US$1,4 million recorded during the same month in 2020.According to trade figures released by the Zimbabwe National Statistics Agency (Zimsta…

Published: 29 Mar 2021 at 18:12hrs | | by Staff reporter

World lithium deficit a boon for Zimbabwe

ZIMBABWE is among major lithium producers that may draw significant benefits from firm global prices and high demand for the precious mineral due to expected supply deficit projected to start in two years. Zimbabwe is the world's fifth lar…

Published: 01 Oct 2020 at 07:13hrs | 1 | by Staff reporter

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