2022
Exports
$2.01MWorld Rnk 69 / 128
Flag Rnk 79 / 763
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$102kWorld Rnk 79 / 130
Flag Rnk 806 / 1153
2022
ECONOMIC COMPLEXITY of Zimbabwe
-0.74Rnk 99 / 133

About

Exports In 2022, Zimbabwe exported $2.01M in Iron Ore, making it the 69th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 79th most exported product in Zimbabwe. The main destination of Iron Ore exports from Zimbabwe are: Mozambique ($2.01M), South Africa ($2.6k), and China ($156).

The fastest growing export markets for Iron Ore of Zimbabwe between 2021 and 2022 were China ($82).

Imports In 2022, Zimbabwe imported $102k in Iron Ore, becoming the 79th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 806th most imported product in Zimbabwe. Zimbabwe imports Iron Ore primarily from: South Africa ($59k) and China ($43k).

The fastest growing import markets in Iron Ore for Zimbabwe between 2021 and 2022 were China ($43k) and South Africa ($9.47k).

Latest Trends

Sep 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 Iron Ore. 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)$2.01M
IMPORTS (2022)$102k
NET TRADE (2022)$1.91M

In 2022, Zimbabwe exported $2.01M in Iron Ore. The main destinations of Zimbabwe exports on Iron Ore were Mozambique ($2.01M), South Africa ($2.6k), and China ($156).

In 2022, Zimbabwe imported $102k in Iron Ore, mainly from South Africa ($59k) and China ($43k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Zimbabwe WERE (2021 - 2022):China$82 (111%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Zimbabwe WERE (2021 - 2022):
Mozambique-$394k (-16.4%)
South Africa-$14.1k (-84.5%)
Kenya-$20 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Zimbabwe's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Zimbabwe's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.93k
TOP IMPORT POTENTIALSouth Africa+ $118k

Iron Ore’s highest export potential is China. With an export gap of $8.93k.   Iron Ore’s highest import potential is South Africa with an import gap of $118k.

See methodology.

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