Ndhlovu Targets US$1bn in Manufactured Exports by 2027

Zimbabwe has set an ambitious target to grow manufactured exports to US$1 billion by 2027 as part of efforts to accelerate industrialisation and job creation.

Industry and Commerce Minister Mangaliso Ndhlovu said the Government is working closely with agencies and the private sector to unlock new export markets and strengthen competitiveness.

“Our target is to increase manufactured exports to US$1 billion by 2027, creating new jobs in the process,” Ndhlovu said.

The push comes as Zimbabwe seeks to shift from primary commodity exports toward higher-value manufactured goods.

Manufactured exports have historically lagged behind mining and raw agricultural commodities, constrained by high production costs, limited scale, currency instability and logistics bottlenecks. Expanding exports will require improved standards compliance, access to affordable finance and stronger regional trade integration, particularly under the African Continental Free Trade Area.

The ministry says it is coordinating efforts across Government agencies to support exporters, streamline trade processes and promote value addition.

However, meeting the US$1 billion target hinges on whether domestic industry can scale production competitively while navigating global market pressures and regional competition.