Online Reporter
Zimpapers Business Hub
ZIMBABWE’S export earnings increased by 13,6 percent in April to US$662,6 million, up from US$583,1 million in March, according to latest figures from the Zimbabwe National Statistics Agency (ZimStat).
In the same period, imports dropped 4,5 percent to US$781,3 million, resulting in the narrowing of the trade deficit to US$118,7 million, compared to US$235,2 million in March.
Presenting the external trade statistics, ZimStat manager for service statistics Ms Mabel Chimhore said industrial supplies accounted for most of the goods exported in April.
“Of the total value of exported goods of US$662,6 million, industrial supplies comprised 92,8 percent of the goods exported in April, fuels and lubricants 3,1 percent, consumer goods 2,1 percent, food and beverages 1,5 percent, while capital goods (except transport equipment) and transport equipment 0,2 percent each.”
The major exports were semi-manufactured gold, followed by nickel mattes and tobacco, partly or wholly stemmed/stripped, among others.
derick.khumalo
Online Reporter