Zim trade deficit widens

ZIMBABWE’s trade deficit widened by 65,61% to $998,8 million in the first four months of this year, compared to the comparative 2017 period, as imports have grown owing to increased demand, latest statistics from the central bank have revealed.

In the first four months of 2017, the trade deficit was $603,1 million.

In the Reserve Bank of Zimbabwe’s (RBZ) total merchandise trade and fuel imports statistics report released yesterday, the country imported goods worth $2,21 billion in the period under review against exports of $1,21 billion.

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