Arab Today, arab today zimbabwe trade deficit narrows to 242m in february
Last Updated : GMT 08:25:02
Arab Today, arab today
Arab Today, arab today

Zimbabwe trade deficit narrows to $242m in February

Arab Today, arab today

Arab Today, arab today Zimbabwe trade deficit narrows to $242m in February

Zimbabwe International Trade Fair
Harare - XINHUA

Zimbabwe's trade deficit marginally narrowed to 242 million U.S. dollars in February from 271 million in January on the back of slightly reduced imports although the overall trade performance underlines the country's over reliance on imports amid a shrinking industrial base.
According to statistics released by the Zimbabwe National Statistical Agency (Zimstat) Thursday, the country's trade deficit stood at 242.2 million dollars last month after exports amounted to 260 million dollars against imports of 502.9 million dollars.
The country's top imports for the month included fuels and oils at 109.9 million dollars and motor vehicles at 43.9 million dollars.
With local pharmaceutical companies facing challenges, the country imported medicines worth 30 million dollars during the month.
Due to food insecurity, the country also imported rice worth 10. 2 million dollars, followed by maize at 6.8 million dollars and wheat at 4.3 million dollars.
As the economic situation also remains dire, the country continued to import basic items like insecticides, herbicides, newsprint, soap, soya beans, gensets, heater/cooling equipment and pasta that cost the economy 9.8 million dollars for the month of February.
The country's top exports during February were dominated by mining and agriculture, with the country exporting tobacco worth 155.2 million dollars, gold worth 46 million dollars, nickel at 24 million dollars, ferrochrome at 14.5 million dollars and industrial diamonds worth 12.6 million dollars.
Diamond exports continued to be a disappointment with their contribution declining from 14 million dollars registered in January.
Mozambique and the United Arab Emirates were critical trading partners for Zimbabwe, with the country registering a trade surplus with two countries while recording a trade deficit with Zambia.
South Africa remained the largest trading partner, with Zimbabwe's exports to its southern neighbour amounting to 207.2 million dollars against imports worth 210.6 million dollars.
The country also imported goods worth 30.4 million dollars from China against exports of 384,000 dollars to the Asian nation.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today zimbabwe trade deficit narrows to 242m in february Arab Today, arab today zimbabwe trade deficit narrows to 242m in february

 



Arab Today, arab today
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott

GMT 11:50 2017 Thursday ,23 March

Bulgaria's economy: a tale of extremes

GMT 15:54 2017 Wednesday ,22 March

Amazon deal for Souq.com is back on

GMT 13:03 2017 Wednesday ,22 March

Germany should ditch austerity, embrace EU investment

GMT 10:43 2017 Wednesday ,22 March

Bags carry Hermes to record profit
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday