Zimbabwe

Zimbabwe ranked No. 175 in total trade value through April with a total of $19.62 million. Exports totaled $8.09 million and Imports totaled $11.53 million, a deficit of $3.44 million.

U.S. trade with Zimbabwe rose to $15.85 million through March

Zimbabwe’s trade with the United States rose to $15.85 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 14.55 percent below its total trade during the same time period last year. U.S. exports to Zimbabwe decreased 11.73 percent while U.S. imports from Zimbabwe fell 16.23 percent. The U.S. deficit with Zimbabwe was $3.68 million.

Through March, 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 Los Angeles International Airport No. 4 Dulles International Airport, Washington D.C., Va. and No. 5 Port of Houston. In the current time period, the top five accounted for 71.76 percent of Zimbabwe’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 29.27 percent to $5.49 million.
    Exports fell 71.54 percent to $218,107. Imports fell 24.64 percent to $5.27 million.
  • Trade with No. 2 Port of Virginia fell 18.54 percent to $2.82 million.
    Exports fell 75.21 percent to $191,899. Imports fell 2.25 percent to $2.63 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 103.11 percent to $1.12 million.
    Exports rose 876.65 percent to $460,000. Imports rose 31.08 percent to $663,068.
  • Trade with No. 4 Dulles International Airport, Washington D.C., Va. rose 29.77 percent to $1.06 million.
    Exports rose 49.38 percent to $1.05 million. Imports fell 88.82 percent to $12,938.
  • Trade with No. 5 Port of Houston rose 7.57 percent to $875,820.
    Exports fell 2.65 percent to $676,557. Imports rose 67.2 percent to $199,263.

Zimbabwe ranked No. 174 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 176.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Zimbabwe by value through March were the categories of Motor vehicle parts; Computers; Tractors; Parts for heavy machinery; and Cyanides, cyanide oxides, respectively. They accounted for 51.07 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 Original sculptures and statues –– accounted for 94.12 percent of all inbound shipments.

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

  • Motor vehicle parts rose 103.04 percent compared to last year to $918,400.
  • Computers fell 48.4 percent compared to last year to $689,553.
  • Tractors fell 31.59 percent compared to last year to $576,135.
  • Parts for heavy machinery fell 27.92 percent compared to last year to $463,564.
  • Cyanides, cyanide oxides totaled $460,000. The previous year, there were no exports in this category.

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

  • Ferroalloys 7202 fell 22.7 percent compared to last year to $5.15 million.
  • Raw tobacco fell 3.69 percent compared to last year to $2.59 million.
  • Tea rose 18.54 percent compared to last year to $1.02 million.
  • Live plants rose 30 percent compared to last year to $237,459.
  • Original sculptures and statues fell 19.81 percent compared to last year to $185,916.

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.