China-Zimbabwe trade up 25.6 pct in first 9 months of 2024


HARARE, Oct. 30 (Xinhua) -- Trade between Zimbabwe and China grew 25.6 percent to 3 billion U.S. dollars in the first nine months of this year, according to the Chinese Embassy in Zimbabwe Wednesday.

Zimbabwe exported 2.1 billion U.S. dollars worth of goods to China and imported 951 million U.S. dollars, with a trade surplus of around 1 billion U.S. dollars, the embassy said on X, formerly Twitter.

The export of tobacco to China increased 38.3 percent to 790 million U.S. dollars in the period, accounting for 40.6 percent of the total exports to China.

Trade between China and Zimbabwe has experienced positive growth in recent years, primarily driven by minerals and tobacco exports to China.

Zimbabwe's agricultural exports to China are also expected to further grow, after Zimbabwe and China in September signed a protocol on avocado exports to China, following yet another trade protocol for the export of sweet citrus to China signed in 2022, which resulted in Zimbabwe's first shipment in 2023.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Putin says Russia will keep testing new missile in combat
COVID-19 can raise risk of heart problems for years: study
Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say
Mysterious chemical byproduct in U.S. tap water finally identified: report
Large accounting firms to be forced to submit financial statements to U.S. regulator
South African parliament urges developed nations to commit financial resources to climate fight
Over 167,000 pounds of ground beef recalled in U.S. for E. coli concerns
Ukraine accuses Russian forces of executing five POWs
U.S. budget airlines struggle as giant fliers get more shares: report
Zambia to roll out oral cholera vaccine distribution in hotspots

Others Also Read