The Economy

The Zimbabwean economy is agriculturally-based, but a strong manufacturing, mining, tourism, and services sector also exist. The main sectors of the economy are manufacturing, agriculture, mining, tourism, transport, Information Communication Technology (ICT), banking and finance, and insurance. The country has a relatively sophisticated and advanced financial system and a vibrant Stock Exchange.

The country’s principal export commodities include tobacco, cotton, sugar, tea, coffee, textiles, fruits and other horticultural products, gold, diamonds, platinum, ferro-alloys, asbestos, iron and steel and nickel. The chief imports are iron and steel plates and sheets, power machinery and switch gear, telecommunications equipment, construction and industrial machinery and vehicle kits, as well as spare parts. Zimbabwe’s main trading partners are South Africa, China, Brazil, Botswana, Mozambique, Zambia, United Kingdom, Germany, the United States of America, Netherlands, Japan and Italy.