Zimbabwe

Foreign trade

Due to violence in 2000, the annual tobacco auction that usually provides 30% of Zimbabwe's foreign exchange earnings had less than 20% of its normal sales volume and sold bales at prices 15% lower than usual. Unmanufactured tobacco from Zimbabwe (30% of total exports) typically accounts for about 11% of the world's export market in that category.

Gold had been the second-largest export commodity, but gold revenues were down by almost 50% in 2000 due to high inflation rates in Zimbabwe and low world market prices for gold.

Other important exports include cotton (9.2%), iron and steel (9.2%), sugar (4.7%), and nickel (4.4%).

In 1999 Zimbabwe's imports were distributed among the following categories:

Principal trading partners in 1999 (in millions of US dollars) were as follows:

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