ZIMBABWE’s trade deficit narrowed to US$8,7 million in July 2025, a 94,5 percent drop from the US$158,6 million recorded in June, official figures show.The significant improvement in the country’s trade balance was driven by a sharp increase in exports, which outpaced a marginal rise in imports.According to the Zimbabwe National Statistics Agency (ZimStat) latest data,…
Trade deficit shrinks 94,5 percent
According to the Zimbabwe National Statistics Agency (ZimStat) latest data, July exports surged by 21,3 percent to reach US$877,5 million, up from US$723,5 million in June.