Zimbabwe Balance of Trade

Zimbabwe recorded a trade deficit of 3600 USD Million in 2012. Balance of Trade in Zimbabwe is reported by the Reserve Bank of Zimbabwe. Balance of Trade in Zimbabwe averaged -473.67 USD Million from 1991 until 2012, reaching an all time high of 317 USD Million in 2000 and a record low of -3600 USD Million in 2012. 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. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-3600.00 -1187.60 317.00 -3600.00 -4123.70 | 2013/12 1991 - 2012 USD Million Yearly

TO

Zimbabwe Balance of Trade
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -3600.00 2012-12-31 -1187.60 317.00 -3600.00 -4123.70 2013-12-31 USD Million [+]
Current Account -1256.40 2011-12-31 -1852.50 698.00 -1852.50 -1231.02 2012-12-31 USD Million [+]
Current Account to GDP -35.30 2012-12-31 -38.70 1.60 -38.70 -35.41 2013-12-31 Percent [+]
Exports 3884.00 2012-12-31 4035.20 4035.20 1602.00 3887.95 2013-12-31 USD Million [+]
Imports 7484.00 2012-12-31 5222.90 7484.00 1512.00 7833.62 2013-12-31 USD Million [+]
[+]


Balance of Trade | Notes
The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.


RELATED NEWS

Zimbabwe Interest Rate at 14.11 percent  
The benchmark interest rate in Zimbabwe was last recorded at 14.11 percent. Interest Rate in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Corporate Tax Rate at 25.75 percent  
The Corporate Tax Rate in Zimbabwe stands at 25.75 percent. Corporate Tax Rate in Zimbabwe is reported by the Zimbabwe Revenue Authority.
Zimbabwe Inflation Rate at -0.49 percent  
The inflation rate in Zimbabwe was recorded at -0.49 percent in February of 2014. Inflation Rate in Zimbabwe is reported by the Reserve bank of Zimbabwe.
Zimbabwe Balance of Trade at -3600.00 USD Million  
Zimbabwe recorded a trade deficit of 3600 USD Million in 2012. Balance of Trade in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Current Account at -1256.40 USD Million  
Zimbabwe recorded a Current Account deficit of 1256.40 USD Million in 2011. Current Account in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Government Budget at -4.00 Percent of GDP  
Zimbabwe recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2012. Government Budget in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Personal Income Tax Rate at 46.40 percent  
The Personal Income Tax Rate in Zimbabwe stands at 46.40 percent. Personal Income Tax Rate in Zimbabwe is reported by the Zimbabwe Revenue Authority.
Zimbabwe GDP per capita at 428.54 USD  
The Gross Domestic Product per capita in Zimbabwe was last recorded at 428.54 US dollars in 2012. The GDP per Capita in Zimbabwe is equivalent to 3 percent of the worlds average. GDP per capita in Zimbabwe is reported by the World Bank.
Zimbabwe GDP at 10.80 USD Billion  
The Gross Domestic Product (GDP) in Zimbabwe was worth 10.80 billion US dollars in 2012. The GDP value of Zimbabwe represents 0.02 percent of the world economy. GDP in Zimbabwe is reported by the World Bank.
Zimbabwe Population at 12.97 million  
The total population in Zimbabwe was last recorded at 13.0 million people in 2012 from 3.8 million in 1960, changing 246 percent during the last 50 years. Population in Zimbabwe is reported by the ZIMSTAT.
MORE RELATED NEWS

LATEST NEWS

Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News