Latest Trends
December, 2024
Overview In December 2024, China exported $139M and imported $131M from Zimbabwe, resulting in a positive trade balance of $8.26M. Between December 2023 and December 2024 the exports of China have increased by $26.3M (23.3%) from $113M to $139M, while imports decreased by $-5.12M (-3.76%) from $136M to $131M.
Trade In December 2024, the top exports of China to Zimbabwe were Stone Processing Machines ($5.58M), Rubber Tires ($4.7M), Iron Structures ($4M), Telephones ($3.9M), and Low-voltage Protection Equipment ($3.88M). In December 2024 the top imports of China from Zimbabwe were Other Mineral ($102M), Ferroalloys ($42.2M), Chromium Ore ($21.2M), Precious Metal Ore ($2.61M), and Processed Tobacco ($1.91M).
Origins In December 2024 the exports of China were mainly from Zhejiang Province ($24.2M), Jiangsu Province ($21.2M), Shandong Province ($16.1M), Guangdong Province ($15.4M), and Henan Province ($9.3M), while imports destinations were mainly Zhejiang Province ($30.7M), Hainan Province ($19.2M), Fujian Province ($14.8M), Guangxi Zhuang Autonomous Region ($12.9M), and Jiangsu Province ($8.47M).
Growth In December 2024, the increase in China's year-by-year exports to Zimbabwe was explained primarily by an increase in product exports in Low-voltage Protection Equipment ($3.31M or 582%), Telephones ($2.91M or 294%), and Rubber Tires ($2.53M or 116%). In December 2024, the decrease in China's year-by-year imports from Zimbabwe was explained primarily by an decrease in product imports in Processed Tobacco ($-1.62M or -45.9%), Precious Metal Ore ($-1.37M or -34.4%), and Other Nuts ($-518k or -52.2%).
This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.
To check Zimbabwe and China trade dynamics, check the bilateral page.
For full datasets download visit Bulk Download page.
This chart compares trade between China and Zimbabwe by product, considering products traded by both, China and Zimbabwe.
During 2023, China had a large net trade with Zimbabwe in the exports of Machines ($626M), Metals ($207M), and Transportation ($151M).
During 2018, Zimbabwe had a large net trade with China in the exports of Mineral Products ($693M), Foodstuffs ($653M), and Metals ($236M).
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.
This visualization shows the product space at the HS4 level with the flags of China and Zimbabwe. This means that a dot/product with the flag of China indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over China.