Overview In 2019 Zimbabwe was the number 111 economy in the world in terms of GDP (current US$), the number 125 in total exports, the number 138 in total imports,
the number 153 economy in terms of GDP per capita (current US$) and the number 109 most complex economy according to the Economic Complexity Index (ECI).
In 2019, Zimbabwe exported a total of $4.05B, making it the number 125 exporter in the world. During the last five reported years the exports of Zimbabwe have changed by $782M from $3.27B in 2014 to $4.05B in 2019.
In 2019 Zimbabwe imported $4.83B, making it the number 138 trade destination in the world. During the last five reported years the imports of Zimbabwe changed by -$1.02B from $5.85B in 2014 to $4.83B in 2019.
In 2015, Zimbabwe exported $387M worth of services. The top services exported by Zimbabwe in 2015 were Personal travel ($143M), Other transport ($75M), Miscellaneous business, professional, and technical services ($71.6M), Government services, n.i.e. ($46M), and Business travel ($31.9M).
The top services imported by Zimbabwe in 2015 were Personal travel ($467M), Miscellaneous business, professional, and technical services ($457M), Other transport ($379M), Air transport ($75.9M), and Government services, n.i.e. ($56.7M).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Zimbabwe are:114: Common Market for Eastern and Southern Africa136: Most Favoured Nation duty rate treatement302: Preferential tariff for South Africa348: Regional Preferential tariff for Southern African Development Community (SADC) Exluding South Africa349: Regional Preferential tariff for Southern African Development Community (SADC) for South Africa
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
This network shows the products most related to the production structure of Zimbabwe. These are products that tend to be co-exported with the products that Zimbabwe exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
During the last 20 years Zimbabwe's economy has become relatively less complex, moving from the 65th to the 109th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.