Zimbabwe

Age-old ties between Zimbabwe and India further strengthened with Zimbabwe's new ‘Look East Policy’ which sees India as an important trading as well as business partner

US$200.49mn was the total value of Zimbabwe's import from India in 2019-20

Zimbabwe's exports to India increased by 36.22% in FY2021-22

Recently discovered Marange diamond fields are among the world's richest

Indian firms like IRCON, RITES, WAPCOS and TCIL have engaged with Zimbabwe

US$ 208.27mn
total bilateral trade during FY 2021-22

14.10%

Growth of exports from India in 2021-22

9000+
Overseas Indians including successful entrepreneurs

Mining

Zimbabwe has strong deposits of the most valuable metals and minerals such as platinum, gold and diamonds; the nation is also rich in coal and iron ore

Commercial Farming

Commercial level farming of crops such as cotton, tobacco, coffee, peanuts and various fruits contribute considerably to the national economy and has opened up investment opportunities

Tourism

With natural treasures such as the Victoria Falls and several wildlife reserves, Zimbabwe has a strong tourism market that contributes heavily to the economy

India Zimbabwe Trade Relations

A summary of the bilateral engagements between India and Zimbabwe.

India-Zimbabwe Joint Statement during the visit of Vice President to Zimbabwe (2-4 November 2018)

MoUs registering bilateral cooperation in the fields of Geology, Mining and Mineral Resources, Information and Communication Technology, Traditional Medicine and Homeopathy, Arts, Culture and Heritage have been signed.

MoU in Traditional Medicine and Homeopathy signed

The MoU which was granted ex-post facto approval will facilitate the mutual training of medical professionals, exploration of research opportunities, recognition of Pharmacopoeias and Formularies and the engagement of practitioners of Traditional Medicine on a reciprocal basis.

India's Exports and Imports to Zimbabwe

Source: Department of Commerce

Country / Region: ZIMBABWE

S.No.	\Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022
1.	EXPORT	163.54	181.72	161.13	175.72	200.49
2.	%Growth		11.12	-11.33	9.05	14.10
3.	India’s Total Export	303,526.16	330,078.09	313,361.04	291,808.48	422,004.40
4.	%Growth		8.75	-5.06	-6.88	44.62
5.	%Share	0.05	0.06	0.05	0.06	0.05
6.	IMPORT	62.20	7.79	13.59	5.71	7.77
7.	%Growth		-87.47	74.38	-58.01	36.22
8.	India’s Total Import	465,580.99	514,078.42	474,709.28	394,435.88	613,052.05
9.	%Growth		10.42	-7.66	-16.91	55.43
10.	%Share	0.01	0.00	0.00	0.00	0.00
11.	TOTAL TRADE	225.74	189.51	174.72	181.42	208.27
12.	%Growth		-16.05	-7.81	3.84	14.80
13.	India’s Total Trade	769,107.15	844,156.51	788,070.32	686,244.36	1,035,056.45
14.	%Growth		9.76	-6.64	-12.92	50.83
15.	%Share	0.03	0.02	0.02	0.03	0.02
16.	TRADE BALANCE	101.34	173.93	147.54	170.01	192.72
17.	India’s Trade Balance	-162,054.83	-184,000.33	-161,348.24	-102,627.40	-191,047.65

ZimTrade

+263-4-369-330/41; +263-86-770-0074

Visit Website

188 Sam Nujoma Street Avondale Harare, Zimbabwe

Zimbabwe Investment Authority

+263-4-757931/2/3/4/5/6

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109 Rotten Row, Harare, Zimbabwe

Indo-African Chamber of Commerce & Industry

+91-22-4060-6162; 2282-2009

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81/82, Mittal Court, 'C' Wing, 8th Floor, Nariman Point, Mumbai 400021

Indian Trade Promotion Organisation

+91-11-2337-1540

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Pragati Bhawan, Pragati Maidan New Delhi-110001 (INDIA)

Embassy of India, Harare

hocembindia.org.zw

+263-4-795-955; 704-670

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No.12, Natal Road
Belgravia,
Post Box 4620
Harare, Zimbabwe

Opportunities

Agricultural exports

Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)

agriexchange.apeda.gov.in

Uncooked pasta, not stuffed/othw. prepd., not cont. eggs (190219)

agriexchange.apeda.gov.in

Fish fillets; frozen, hake (Merluccius spp., Urophycis spp.) (030474)
Fish; dried, whether or not salted but not smoked, other than edible fish offal, other than cod (Gadus morhua, Gadus ogac, Gadus macrocephalus) (030559)
Fish; frozen, Jack and horse mackerel (Trachurus spp.), excluding fillets, livers, roes and other fish meat of heading 0304 (030355)
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates (230120)
PRPD/PRSVD MEAT MEAT OFFAL OF BOVINE ANIMALS (160250)

fishexchange.mpeda.gov.in

GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN-IN SHELLED WHETHER OR NOT BROKEN (120242)

agriexchange.apeda.gov.in

Broken rice (100640)

agriexchange.apeda.gov.in