Zim's Imports Drop by US$140m in January 2025

Witness Runodada- Zim Now Reporter

Zimbabwe’s total imports declined in January 2025, with the country’s import bill standing at US$748.8 million, down from US$889.7 million recorded in December 2024.

This marks a notable drop amid ongoing economic adjustments and shifting trade patterns, according to the Zimbabwe Economic Review.

South Africa retained its position as Zimbabwe’s leading trade partner, accounting for 38.2% of total imports. The neighboring country continues to supply essential goods, including machinery, foodstuffs, and fuel, underscoring its role in Zimbabwe’s supply chain.

China ranked second, contributing 16.7% of total imports. The Asian powerhouse supplies Zimbabwe with industrial equipment, electronics, and various consumer goods, reinforcing its strong trade ties with the country.

The Bahamas emerged as the third-largest import source, making up 10.8% of Zimbabwe’s total imports. This is primarily due to fuel and petroleum-related imports, as the Bahamas serves as a major hub for refined fuel exports.

Mozambique followed with 4.3%, supplying energy products and agricultural commodities while also serving as a key transit route for imports via its ports.

Together, South Africa, China, the Bahamas, and Mozambique accounted for nearly 70% of Zimbabwe’s total imports in January, highlighting the country's reliance on a few major trade partners.

The month-on-month decline in imports may be attributed to: Seasonal demand fluctuations, as businesses adjust stock levels after the festive season, foreign currency availability, affecting purchasing power for external goods and policy measures aimed at boosting local production, as authorities push for reduced reliance on imports.