2023
Flag  
GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Russia-Zimbabwe Trade: In 2023, Russia exported $172M to Zimbabwe. The main products that Russia exported to Zimbabwe were Planes, Helicopters, and/or Spacecraft ($131M), Nitrogenous Fertilizers ($25.9M), and Wheat ($13.4M). Over the past 5 years the exports of Russia to Zimbabwe have increased at an annualized rate of 28.7%, from $48.9M in 2018 to $172M in 2023.

In 2020, Russia exported services to Zimbabwe worth $197k, with Other business services ($130k), Financial services ($37k), and Transportation ($24k) being the largest in terms of value.

Zimbabwe-Russia Trade: In 2023, Zimbabwe exported $169k to Russia. The main products that Zimbabwe exported to Russia were Raw Tobacco ($141k), Dried Fruits ($12.3k), and Perfume Plants ($11.5k). Over the past 5 years the exports of Zimbabwe to Russia have decreased at an annualized rate of 48%,  from $31.9M in 2018 to $169k in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $172M to Zimbabwe. The main products exported from Russia to Zimbabwe were Planes, Helicopters, and/or Spacecraft ($131M), Nitrogenous Fertilizers ($25.9M), and Wheat ($13.4M). During the last 5 years the exports of Russia to Zimbabwe have increased at an annualized rate of 28.7%, from $48.9M in 2018 to $172M in 2023.

In 2018, Zimbabwe exported $169k to Russia. The main products exported from Zimbabwe to Russia were Raw Tobacco ($141k), Dried Fruits ($12.3k), and Perfume Plants ($11.5k). During the last 5 years the exports of Zimbabwe to Russia have decreased at an annualized rate of 48%, from $31.9M in 2023 to $169k in 2018.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

In 2023, countries that imported more from Russia than Zimbabwe included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Zimbabwe than Russia included South Africa ($1.39B), Mozambique ($391M), and Zambia ($140M).

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

Comparative Advantage Russia - Zimbabwe

Flow
Scale

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

During 2023, Russia had a large net trade with Zimbabwe in the exports of Transportation ($133M), Chemical Products ($26.1M), and Vegetable Products ($13.4M).

During 2018, Zimbabwe had a large net trade with Russia in the exports of Foodstuffs ($141k), Vegetable Products ($26.9k), and Precious Metals ($1.39k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Zimbabwe+$5.09kRefined Petroleum
Top Product Potential Zimbabwe Russia+$4.78kRaw 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 Russia and Zimbabwe. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Russia.

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

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