Zimbabwe Reports Strong Export Growth Amid Shift Toward Export-Led Economy

A red forklift moves containers in a busy shipping yard during sunset for logistics and trade.
Stacks of colorful shipping containers in an African port setting during sunset, showcasing trade and commerce activities.

Zimbabwe’s latest trade figures indicate steady progress toward an export-led economic model in line with the country’s Vision 2030 strategy, which aims to achieve upper-middle-income status through expanded production and stronger international competitiveness. This is reported by The Herald, a partner of TV BRICS.

According to data from the Zimbabwe National Statistics Agency, cumulative export earnings for January–November 2025 reached US$8.57 billion, marking a 27 per cent increase compared to US$6.74 billion during the same period in 2024.

Export performance peaked in October and November 2025, when monthly shipments exceeded US$1 billion for the first time. Merchandise exports are projected to reach around US$9.12 billion by the end of the year, exceeding the national target of US$8.1 billion and accounting for approximately 19 per cent of GDP.

Value-added exports continued to expand, increasing by 29 per cent to US$522 million between January and November 2025. Services exports also recorded growth, rising by 12 per cent to US$485.6 million, reflecting broader participation across multiple sectors of the economy.

The United Arab Emirates remained Zimbabwe’s leading export destination, with shipments rising by 71.6 per cent to US$4.16 billion, followed by South Africa with 22.8 per cent of total exports and China with 16.9 per cent.

African Times published this article in partnership with International Media Network TV BRICS

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