2022
Exports
$4.18kWorld Rnk 130 / 182
Flag Rnk 522 / 763
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$979kWorld Rnk 104 / 216
Flag Rnk 488 / 1153
2022
ECONOMIC COMPLEXITY of Zimbabwe
-0.74Rnk 99 / 133

About

Exports In 2022, Zimbabwe exported $4.18k in Electromagnets, making it the 130th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 522nd most exported product in Zimbabwe. The main destination of Electromagnets exports from Zimbabwe are: South Africa ($2.48k), New Zealand ($1.59k), and Mozambique ($113).

The fastest growing export markets for Electromagnets of Zimbabwe between 2021 and 2022 were South Africa ($2.38k), New Zealand ($1.56k), and Mozambique ($113).

Imports In 2018, Zimbabwe imported $979k in Electromagnets, becoming the 104th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 488th most imported product in Zimbabwe. Zimbabwe imports Electromagnets primarily from: South Africa ($693k), China ($155k), United States ($20.8k), Germany ($19.1k), and United Arab Emirates ($18.7k).

The fastest growing import markets in Electromagnets for Zimbabwe between 2021 and 2022 were South Africa ($195k), China ($133k), and Mauritius ($14.9k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.18k
IMPORTS (2022)$979k
NET TRADE (2022)-$974k

In 2022, Zimbabwe exported $4.18k in Electromagnets. The main destinations of Zimbabwe exports on Electromagnets were South Africa ($2.48k), New Zealand ($1.59k), and Mozambique ($113).

In 2022, Zimbabwe imported $979k in Electromagnets, mainly from South Africa ($693k), China ($155k), United States ($20.8k), Germany ($19.1k), and United Arab Emirates ($18.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Zimbabwe WERE (2021 - 2022):
South Africa$2.38k (2.43k%)
New Zealand$1.56k (4.45k%)
Mozambique$113 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Zimbabwe WERE (2021 - 2022):
Denmark-$670 (-100%)
Czechia-$40 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Zimbabwe's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Zimbabwe's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $871
TOP IMPORT POTENTIALChina+ $78.1k

Electromagnets’s highest export potential is United States. With an export gap of $871.   Electromagnets’s highest import potential is China with an import gap of $78.1k.

See methodology.

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