Zim exports increase to US$647 million

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ZIMBABWE exports went up 20,9 percent from US$535,4 million last October to US$647 million in November, the Reserve Bank of Zimbabwe (RBZ), has said.
In its latest monthly economic review released last week, the RBZ said total merchandise trade for the month of November stood at US$1,3 billion, a 6,6 percent increase from US$1,2 billion realised in the previous month.

“Compared to the corresponding month in 2020, merchandise exports for the reporting month were 22,5 percent higher.
“The improvement in total merchandise trade was underpinned by a marked increase in exports during the month under review. Relative to the previous year, total merchandise trade rose by 28,1 percent, from US$1 billion recorded in the comparable month in 2020,” the central bank said.