According to resources, the total export to Zimbabwe from India reached an estimated revenue of more than $135 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
| Value in $Million | 2020-2021 | 2021-2022 |
| India Export to Zimbabwe | 175M | 135M |
| India Import from Zimbabwe | 5.5M | 1.5M |
| Total Trade | 180.5M | 136.5M |
Irrigation Equipment, Pharmaceuticals, and Electrical components are the major exported products from India to Zimbabwe at the present moment.
The E-commerce market in Zimbabwe reached more than $460 Million by the year 2022 and is expected to cross $1Billion by 2025 with a good growth rate of 27.08.
The main reason behind this rise is the Internet penetration rate in Zimbabwe which has reached 33.4%.
So, itβs a good scope for Indian exporters and sellers to grab the Zimbabwe market whether through offline channels or online selling platforms & marketplaces in Zimbabwe.
Useful resources