Zimbabwe (ZWE) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Zimbabwe-Russia Trade: In 2022, Zimbabwe exported $1.52M to Russia. The main products that Zimbabwe exported to Russia were Raw Tobacco ($1.49M), Perfume Plants ($10.8k), and Other Vegetable Oils ($7.2k). Over the past 5 years the exports of Zimbabwe to Russia have decreased at an annualized rate of 50.3%, from $50M in 2017 to $1.52M in 2022.

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

Russia-Zimbabwe Trade: In 2022, Russia exported $23.4M to Zimbabwe. The main products that Russia exported to Zimbabwe were Nitrogenous Fertilizers ($16.1M), Planes, Helicopters, and/or Spacecraft ($5.88M), and Wheat ($1.11M). Over the past 5 years the exports of Russia to Zimbabwe have increased at an annualized rate of 15.4%, from $11.4M in 2017 to $23.4M in 2022.

In 2020, Russia exported services to Zimbabwe worth $197k, with Other business services ($130k), Financial services ($37k), and Transportation ($24k) being the largest in terms of value.

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Zimbabwe exported $1.52M to Russia. The main products exported from Zimbabwe to Russia were Raw Tobacco ($1.49M), Perfume Plants ($10.8k), and Other Vegetable Oils ($7.2k). During the last 5 years the exports of Zimbabwe to Russia have decreased at an annualized rate of 50.3%, from $50M in 2017 to $1.52M in 2022.

In 2017, Russia exported $23.4M to Zimbabwe. The main products exported from Russia to Zimbabwe were Nitrogenous Fertilizers ($16.1M), Planes, Helicopters, and/or Spacecraft ($5.88M), and Wheat ($1.11M). During the last 5 years the exports of Russia to Zimbabwe have increased at an annualized rate of 15.4%, from $11.4M in 2022 to $23.4M in 2017.

Exports from Zimbabwe () to Russia () (2022)

Exports from Russia () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Russia ()

Zimbabwe Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Zimbabwe than Russia included South Africa ($1.47B), Mozambique ($191M), and Zambia ($102M).

In 2022, countries that imported more from Russia than Zimbabwe included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Russia in the exports of Foodstuffs ($1.49M), Vegetable Products ($18k), and Arts and Antiques ($8.05k).

During 2017, Russia had a large net trade with Zimbabwe in the exports of Chemical Products ($16.1M), Transportation ($5.97M), and Vegetable Products ($1.11M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Russia+$4.78kRaw Tobacco

Top Product Potential Russia Zimbabwe+$5.09kRefined Petroleum

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Zimbabwe worth $197k, with Other business services ($130k), Financial services ($37k), and Transportation ($24k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Zimbabwe () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Zimbabwe and Russia. This means that a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Zimbabwe.

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Russia () (2022)

Exports from Russia () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Russia ()

Zimbabwe Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Zimbabwe () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Russia () (2022)

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