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2023
Flag → Flag
Exports $268MRnk 116 / 220
2023
Flag → Flag
Top Product $70.9MPackaged Medicaments
2023
Flag → Flag
Exports $129MRnk 7 / 143
2023
Flag → Flag
Top Product $114MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.98Rnk 110 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH58.3%CURRENT US$
Rnk 33 / 195

About

India-Zimbabwe Trade: In 2023, India exported $268M to Zimbabwe. The main products that India exported to Zimbabwe were Packaged Medicaments ($70.9M), Rice ($58.3M), and Raw Sugar ($11.8M). Over the past 5 years the exports of India to Zimbabwe have increased at an annualized rate of 8.99%, from $174M in 2018 to $268M in 2023.

In 2023, India did not export any services to Zimbabwe.

Zimbabwe-India Trade: In 2023, Zimbabwe exported $129M to India. The main products that Zimbabwe exported to India were Diamonds ($114M), Raw Tobacco ($7.6M), and Scrap Iron ($4.73M). Over the past 5 years the exports of Zimbabwe to India have increased at an annualized rate of 50.4%,  from $16.7M in 2018 to $129M in 2023.

In 2023, Zimbabwe did not export any services to India.

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $9.64M and imported $74.2k from Zimbabwe, resulting in a positive trade balance of $9.57M. Between November 2023 and November 2024 the exports of India have decreased by $-5.21M (-35.1%) from $14.9M to $9.64M, while imports decreased by $-790k (-91.4%) from $864k to $74.2k.

Trade In November 2024, the top exports of India to Zimbabwe were Drug Formulations, Biologicals ($13M), Rice(Other Than Basmoti) ($918k), Jute Hessian ($611k), Indl. Machnry For Dairy Etc ($605k), and Copper And Prdcts Made Of Copr ($592k). In November 2024 the top imports of India from Zimbabwe were Pearl, Precs, Semiprecs Stones ($51.2k), Drug Formulations, Biologicals ($1.06k), and Other Cereals ($37).

Growth In November 2024, the decrease in India's year-by-year exports to Zimbabwe was explained primarily by an decrease in product exports in Indl. Machnry For Dairy Etc ($-1.07M or -63.8%), Other Construction Machinery ($-417k or -98.7%), and Packaging Materials ($-395k or -88.2%). In November 2024, the decrease in India's year-by-year imports  from Zimbabwe was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$-5.21M(-35.1%)
IMPORT GROWTH (November 2023 - November 2024)$-790k(-91.4%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Zimbabwe and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Zimbabwe and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $268M to Zimbabwe. The main products exported from India to Zimbabwe were Packaged Medicaments ($70.9M), Rice ($58.3M), and Raw Sugar ($11.8M). During the last 5 years the exports of India to Zimbabwe have increased at an annualized rate of 8.99%, from $174M in 2018 to $268M in 2023.

In 2018, Zimbabwe exported $129M to India. The main products exported from Zimbabwe to India were Diamonds ($114M), Raw Tobacco ($7.6M), and Scrap Iron ($4.73M). During the last 5 years the exports of Zimbabwe to India have increased at an annualized rate of 50.4%, from $16.7M in 2023 to $129M in 2018.

Exports from India (Flag) to Zimbabwe (Flag) (2023)

Exports from Zimbabwe (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

In 2023, countries that imported more from India than Zimbabwe included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Zimbabwe than from India.

Difference in imports from Zimbabwe (Flag) and India (Flag) (2023)

Comparative Advantage India - Zimbabwe

Flow
Scale

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

During 2023, India had a large net trade with Zimbabwe in the exports of Chemical Products ($96.5M), Vegetable Products ($59.6M), and Machines ($41.9M).

During 2018, Zimbabwe had a large net trade with India in the exports of Precious Metals ($114M), Foodstuffs ($7.6M), and Metals ($4.91M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Zimbabwe+$4.42MPackaged Medicaments
Top Product Potential Zimbabwe India+$2.61MRaw Tobacco

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.

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Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Zimbabwe (Flag) (2023)

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