Zim trade with Botswana grows 126% to US$43,3m

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Africa Press-Zimbabwe:

ZIMBABWE’S trade with Botswana has, in the past three years, shown steady growth with exports increasing by 126% to US$43,3 million in 2019, NewsDay Business has learnt.

Botswana is one of Zimbabwe’s traditional trading partners.

Information gathered from ZimTrade, the country’s export promotion body, reveals that Zimbabwe’s trade with neighbouring Botswana has shown steady growth with exports moving from US$19,2 million in 2017 to US$43,3 million in 2019.

“A contributing factor to this is the increased effort in nurturing trade between the two countries and continued activities by ZimTrade to identify areas of opportunities for local companies,” ZimTrade said.

A market survey conducted by ZimTrade in Botswana in 2019 revealed potential for local businesses to supply an array of products and services to Botswana.

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