Trade declines four percent in September

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ZIMBABWE’S total merchandise trade decreased by 3,8 percent to US$1,18 billion in September 2021, after a decline in exports, latest data shows.
According to the Reserve Bank of Zimbabwe’s (RBZ) monthly economic review for October, which was released last Friday, total merchandise trade rose by 40,3 percent in September year-on-year, from US$840,6 million recorded in the comparable month in 2020.

“During the month of September 2021, the country’s merchandise exports amounted to US$514,3 million, 13,9 percent down from US$597,2 million realised in the prior month. In comparison to the corresponding month in 2020, merchandise exports for the current month were 28,9 percent higher,” the RBZ said.