Zim trade deficit with SA jumps three-fold

ZIMBABWE’S trade deficit with South Africa jumped 285% to $585,76 million in the period February to September this year compared to $152,1 million recorded during the same period last year, latest figures show.

The country imported goods and services from South Africa worth $1,858 billion against exports worth $1,273 billion, according to data from the Zimbabwe National Statistics Agency (ZimStat).

January trade figures are not available, with ZimStat saying that the Zimbabwe Revenue Authority, the source of merchandise trade data, did not provide the information.

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