Trade between Zimbabwe and UK down to £126 million last year

Trade between Zimbabwe and the United Kingdom has been on the decline over the past three years dropping from a peak of £461 million in 2018 to £126 million last year, the lowest in a decade.

British Minister of State for International Trade Penny Mordaunt told Parliament that Zimbabwean companies enjoyed duty free and quota free exports for products including blueberries, peas and tea.

The United Kingdom was at one time Zimbabwe’s second largest trading partner after South Africa but it is now 138^th.

Trade between the two countries rose from £239 million in 2016 to £407 in 2017 and on to £461 before dropping to £205 in 2019 and £199 in 2020.

According to the UK Department of International Trade, the five top exports to Zimbabwe were:

1. Road vehicles
2. Cars
3. Specialised machines
4. Office machines
5. Live animals

Top five imports from Zimbabwe were:

1. Vegetables and fruits
2. Coffee, tea and cocoa
3. Jewellery
4. Works of art
5. Metal ores and scrap

See also British companies that were in Zimbabwe at independence

(120 VIEWS)