Australia (AUS) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

About

Australia-Zimbabwe Trade: In 2022, Australia exported $6.61M to Zimbabwe. The main products that Australia exported to Zimbabwe were Lifting Machinery ($2.62M), Cars ($341k), and Iron Pipes ($320k). Over the past 5 years the exports of Australia to Zimbabwe have increased at an annualized rate of 24.9%, from $2.18M in 2017 to $6.61M in 2022.

In 2022, Australia did not export any services to Zimbabwe.

Zimbabwe-Australia Trade: In 2022, Zimbabwe exported $656k to Australia. The main products that Zimbabwe exported to Australia were Medical Instruments ($128k), Wood Fiberboard ($99.1k), and Other Furniture ($73.8k). Over the past 5 years the exports of Zimbabwe to Australia have increased at an annualized rate of 9.97%, from $408k in 2017 to $656k in 2022.

In 2022, Zimbabwe did not export any services to Australia.

Comparison: In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $6.61M to Zimbabwe. The main products exported from Australia to Zimbabwe were Lifting Machinery ($2.62M), Cars ($341k), and Iron Pipes ($320k). During the last 5 years the exports of Australia to Zimbabwe have increased at an annualized rate of 24.9%, from $2.18M in 2017 to $6.61M in 2022.

In 2017, Zimbabwe exported $656k to Australia. The main products exported from Zimbabwe to Australia were Medical Instruments ($128k), Wood Fiberboard ($99.1k), and Other Furniture ($73.8k). During the last 5 years the exports of Zimbabwe to Australia have increased at an annualized rate of 9.97%, from $408k in 2022 to $656k in 2017.

Exports from Australia () to Zimbabwe () (2022)

Exports from Zimbabwe () to Australia () (2022)

Latest Data

Trade between Australia () and Zimbabwe ()

Australia Exports

Date

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

This map shows whether countries import more from Australia or Zimbabwe. Each country is colored based on the difference in imports they receive from Australia and Zimbabwe or the difference in the growth in imports.

In 2022, countries that imported more from Australia than Zimbabwe included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Zimbabwe than Australia included United Arab Emirates ($4.78B), South Africa ($1.47B), and Zambia ($102M).

Difference in imports from Zimbabwe () and Australia () (2022)

Comparative Advantage Australia - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and Zimbabwe by product, considering products traded by both, Australia and Zimbabwe.

During 2022, Australia had a large net trade with Zimbabwe in the exports of Machines ($3.92M), Transportation ($753k), and Metals ($714k).

During 2017, Zimbabwe had a large net trade with Australia in the exports of Instruments ($131k), Wood Products ($102k), and Miscellaneous ($98.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Zimbabwe+$264kCars

Top Product Potential Zimbabwe Australia+$125kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and Zimbabwe. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to Zimbabwe () (2022)

Exports from Zimbabwe () to Australia () (2022)

Latest Data

Trade between Australia () and Zimbabwe ()

Australia Exports

Zimbabwe Exports

Market Competitiveness

Difference in imports from Zimbabwe () and Australia () (2022)

Comparative Advantage Australia - Zimbabwe

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Australia () and Zimbabwe () (2022)

Keep Exploring