Zimbabwe Trade Deficit Narrows
World Economy

Zimbabwe Trade Deficit Narrows

Zimbabwe narrowed its trade deficit to $337.5 million in July from $362 million in June, latest data from the country’s statistics agency shows, Insiderzim reported. Zimbabwe National Statistics Agency data show that exports in July were up 17% to $226 million compared to the previous month. Some of the exports include beef, tobacco and other agricultural produce as well as minerals and scrap metal. Imports in July were up marginally from $555 million the previous month to $563 million. Cumulatively to July, Zimbabwe’s imports stand at $3.6 billion while exports amount to $1.4 billion indicating the country’s continued reliance on imported goods as local industry remains depressed.


Short URL : https://goo.gl/C6IEWR
  1. https://goo.gl/JqT2tz
  • https://goo.gl/5OhIJm
  • https://goo.gl/83yROz
  • https://goo.gl/hAX6jF
  • https://goo.gl/92iZDT

You can also read ...

China is likely to develop a major overcapacity in production of industrial robots. This will tend to result in building too many factories, and that in turn means price-dumping on global markets.
The Chinese government has adopted a 'Made in China 2025'...
The Trump administration has expressed interest in combating America’s trade deficit with individual countries like China and Mexico.
As the nation was reeling from the racially charged violence...
China mainland stocks enjoyed some of  the steepest gains.
Emerging stocks and some currencies ended the week on a sour...
Brazil Showing Signs of Recovery
Economic activity in Brazil expanded at a faster pace than...
Consumer confidence in Singapore has picked up.
Singapore residents were significantly more optimistic about...
Russia Continues With Privatizations
Russia’s Economy Ministry is continuing with the sale of state...
Academia and business leaders have expressed confidence in the bloc to drive world economic growth.
Academics and business leaders from developing countries...
Fitch Upgrades Greece Debt
Credit rating agency Fitch on Friday upgraded Greece’s debt by...