Surging imports erode Zim’s export gains

ZIMBABWE’S trade surplus is narrowing as imports grow faster than exports, latest data shows, raising concerns about the sustainability of the country’s external trade balance.

The widening gap between imports and exports reflects Zimbabwe’s continued reliance on foreign goods — particularly fuel, machinery and food — even as export earnings remain heavily concentrated in a few commodities — gold and tobacco.

Economists warn that unless the country expands value-added exports and strengthens domestic production, the shrinking surplus could eventually turn into a deficit, putting further pressure on foreign currency reserves.

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