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Freight & Trading Weekly

Trade with Mozambique on upward trajectory

29 Jan 2016 - by Staff reporter
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Mozambique has become

Zimbabwe’s second-largest

regional trading partner after

South Africa.

In the first 10 months

of 2015 Mozambique

accounted for 18% of

Zimbabwean exports,

according to ZimTrade,

the Zimbabwean trade

facilitation body.

In 2015

Mozambique and

Zimbabwe signed

a trade facilitation

agreement in

terms of which

goods originating

from Zimbabwe enter

Mozambique duty-free.

This is in addition

to the concessions as

members of the Southern

African Development

Community (SADC).

Zimbabwe, which

enjoys a trade surplus with

Mozambique, exported goods

and services such as mining

equipment, agricultural

produce, building and

construction material.

ZimStat (Zimbabwe

National Statistics Agency)

data shows that in the

first nine months

to October of 2015

Zimbabwe exported

about $365 million

worth of goods to

Mozambique.

There has been

consistent growth

in trade between

the two countries,

which was worth

US$725m in 2014

compared to US$570m

in 2013.

While Zimbabwe’s

exports to Mozambique

increased to US$577m

in 2014 from US$369m in

2013, Mozambican exports

to Zimbabwe declined to

US$148m in 2014 from

US$200m in 2013, according

to ZimStat data.

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