2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Italy-Zimbabwe Trade: In 2022, Italy exported $30.9M to Zimbabwe. The main products that Italy exported to Zimbabwe were Stone Working Machines ($3.73M), Large Construction Vehicles ($3.46M), and Industrial Food Preperation Machinery ($2.93M). Over the past 5 years the exports of Italy to Zimbabwe have increased at an annualized rate of 1.21%, from $29.1M in 2017 to $30.9M in 2022.

In 2022, Italy did not export any services to Zimbabwe.

Zimbabwe-Italy Trade: In 2022, Zimbabwe exported $85.6M to Italy. The main products that Zimbabwe exported to Italy were Ferroalloys ($47.7M), Granite ($31.7M), and Other Hides and Skins ($1.5M). Over the past 5 years the exports of Zimbabwe to Italy have increased at an annualized rate of 25.3%,  from $27.7M in 2017 to $85.6M in 2022.

In 2022, Zimbabwe did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $30.9M to Zimbabwe. The main products exported from Italy to Zimbabwe were Stone Working Machines ($3.73M), Large Construction Vehicles ($3.46M), and Industrial Food Preperation Machinery ($2.93M). During the last 5 years the exports of Italy to Zimbabwe have increased at an annualized rate of 1.21%, from $29.1M in 2017 to $30.9M in 2022.

In 2017, Zimbabwe exported $85.6M to Italy. The main products exported from Zimbabwe to Italy were Ferroalloys ($47.7M), Granite ($31.7M), and Other Hides and Skins ($1.5M). During the last 5 years the exports of Zimbabwe to Italy have increased at an annualized rate of 25.3%, from $27.7M in 2022 to $85.6M in 2017.

Exports from Italy (Flag) to Zimbabwe (Flag) (2022)

Exports from Zimbabwe (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2022, countries that imported more from Italy than Zimbabwe included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Zimbabwe than Italy included Mozambique ($191M), Lesotho ($67.2M), and Zambia ($102M).

Difference in imports from Zimbabwe (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Zimbabwe

Flow
Scale

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

During 2022, Italy had a large net trade with Zimbabwe in the exports of Machines ($23.1M), Metals ($1.22M), and Miscellaneous ($1.06M).

During 2017, Zimbabwe had a large net trade with Italy in the exports of Metals ($47.7M), Mineral Products ($32.9M), and Animal Hides ($1.57M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Zimbabwe+$1.19MLiquid Pumps
Top Product Potential Zimbabwe Italy+$1.41MRaw 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 Italy and Zimbabwe. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Zimbabwe (Flag) (2022)

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