Zimbabwe has recorded a strong increase in export earnings, signaling progress in its transition toward an export-led economic model, according to official data.
Figures from the Zimbabwe National Statistics Agency show that export receipts reached $8.57 billion between January and November 2025, marking a 27 percent increase compared with the same period a year earlier. Authorities expect total exports to rise to about $9.12 billion by the end of the year, exceeding the government’s target of $8.1 billion.
Monthly export earnings surpassed $1 billion for the first time in the country’s history during October and November, reflecting growing external demand and improved production capacity. Exports now account for an estimated 19 percent of gross domestic product, underscoring their increasing role in the economy.
The data also point to progress in economic diversification.
Value-added exports rose by 29 percent to $522 million, while services exports increased by 12 percent, indicating a gradual shift away from reliance on raw commodity exports.
The United Arab Emirates remained Zimbabwe’s largest export destination, with shipments rising by more than 70 percent year-on-year. South Africa and China followed as key trading partners.
Government officials say the export growth aligns with Zimbabwe’s Vision 2030 development strategy, which prioritizes industrial expansion, value addition, and stronger integration into global markets.
Despite ongoing economic challenges, including inflation and foreign currency constraints, analysts say the latest figures highlight exports as a key driver of growth and foreign exchange generation, a trend authorities aim to sustain in the coming years.
Source: TV BRICS
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