Zimbabwe

Zimbabwe ranked No. 173 in total trade value through June with a total of $30.81 million. Exports totaled $12.94 million and Imports totaled $17.87 million, a deficit of $4.93 million.

U.S. trade with Zimbabwe rose to $30.81 million through June

Zimbabwe’s trade with the United States rose to $30.81 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 25.59 percent below its total trade during the same time period last year. U.S. exports to Zimbabwe decreased 38.07 percent while U.S. imports from Zimbabwe fell 12.89 percent. The U.S. deficit with Zimbabwe was $4.93 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Virginia; No. 3 Port of Savannah, Ga.; No. 4 Dulles International Airport, Washington D.C., Va.; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Port of New Orleans; No. 2 Port of Virginia; No. 3 Port of New York; No. 4 Port of Savannah, Ga. and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 74.03 percent of Zimbabwe’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 18.79 percent to $10.79 million.
    Exports fell 27.86 percent to $753,982. Imports fell 18.02 percent to $10.03 million.
  • Trade with No. 2 Port of Virginia rose 5.47 percent to $5.97 million.
    Exports fell 18.63 percent to $1.14 million. Imports rose 13.36 percent to $4.83 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 36.84 percent to $2.42 million.
    Exports rose 149.33 percent to $1.25 million. Imports fell 7.79 percent to $1.17 million.
  • Trade with No. 4 Dulles International Airport, Washington D.C., Va. rose 21.8 percent to $1.85 million.
    Exports rose 33.03 percent to $1.79 million. Imports fell 67.03 percent to $56,168.
  • Trade with No. 5 Port of Houston rose 52.87 percent to $1.78 million.
    Exports rose 53.76 percent to $1.49 million. Imports rose 48.48 percent to $290,749.

Zimbabwe ranked No. 173 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 175.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Zimbabwe by value through June were the categories of Motor vehicle parts; Parts for heavy machinery; Computers; Tractors; and Misc. medical chemical re-agents, respectively. They accounted for 48.29 percent of total exports to Zimbabwe.

The value of the top five categories of U.S. imports from Zimbabwe –– Ferroalloys 7202; Raw tobacco; Tea; Live plants; and Peppers, including black pepper –– accounted for 94.73 percent of all inbound shipments.

Looking more closely at U.S. exports to Zimbabwe:

  • Motor vehicle parts rose 58.5 percent compared to last year to $2.38 million.
  • Parts for heavy machinery rose 61.61 percent compared to last year to $1.54 million.
  • Computers fell 67.22 percent compared to last year to $901,628.
  • Tractors fell 47.64 percent compared to last year to $764,860.
  • Misc. medical chemical re-agents fell 20.81 percent compared to last year to $659,894.

Looking more closely at U.S. imports from Zimbabwe:

  • Ferroalloys 7202 fell 17.38 percent compared to last year to $9.74 million.
  • Raw tobacco rose 19.96 percent compared to last year to $4.73 million.
  • Tea fell 17.77 percent compared to last year to $1.77 million.
  • Live plants rose 5.4 percent compared to last year to $402,577.
  • Peppers, including black pepper fell 22.16 percent compared to last year to $281,966.

In the latest annual figures available, Zimbabwe recorded $86.14 million in trade with the United States. Total U.S. exports to Zimbabwe were $ 39.15 million and imports from Zimbabwe were $47 million. The U.S. deficit with Zimbabwe was $7.85 million.