{"id":88885,"date":"2023-12-26T20:58:59","date_gmt":"2023-12-26T18:58:59","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list"},"modified":"2023-12-27T01:07:19","modified_gmt":"2023-12-26T23:07:19","slug":"raw-minerals-tobacco-dominate-zims-export-list","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list","title":{"rendered":"Raw minerals, tobacco dominate Zim\u2019s export list"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>RAW minerals and tobacco continued to dominate Zimbabwe\u2019s export list in the third quarter of the year, the Reserve Bank of Zimbabwe (RBZ) third-quarter report has established.<\/p>\n

The central bank report shows that during the period, gold injected US$502,5 million being the largest export earner constituting 26% of the total exports. The Platinum Group of Minerals (PGM) raked in US $403.8 million.<\/p>\n

Industrial diamonds raked in US$136,8 million 7,1% of exports, Ferro-Chromium US$85 million 4,4% percentage exports, Coal US$34 million, Chromium Ores and Concentrates US$20 million and Granite US$8,9 million.<\/p>\n

Cash crops like Tobacco and Cotton are US$272,8 million and US$14,9 million respectively.\u201cDuring the quarter under review, 48.3% of the country\u2019s export products were destined for Asia, followed by Africa with 32.9%, Europe with 5.1%, and the Americas with 1.1%.<\/p>\n

\u201cAnalysing the exports by country of destination during the same quarter shows that the United Arab Emirates absorbed 26.6% of the country\u2019s exports; followed by South Africa, 25.9% and China, 16.2%,\u201d the report added.<\/p>\n

In total, the country\u2019s exports for the third quarter of 2023 amounted to US$1,931.0 million, up 21.1% from US$1,594.2 million registered in the comparable quarter in 2022.<\/p>\n

Similarly, the third quarter of 2023 outturn was 4.3%, slightly higher than the US$1,851.3 million realised in the preceding quarter. The increase in the country\u2019s export earnings during the third quarter of 2023 was underpinned by the improvements in industrial diamonds and tobacco exports, which rose by 24.4% and 2.4%, respectively.<\/p>\n

The data brings to the fore the urgent need for authority to enact value addition and beneficiation in the mining and agricultural sectors.<\/p>\n

Market watchers believe that if the nation is to invest in value addition and beneficiation the minerals and cash crops will likely more than triple current earnings while creating thousands of jobs.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. RAW minerals and tobacco continued to dominate Zimbabwe\u2019s export list in the third quarter of the year, the Reserve Bank of Zimbabwe (RBZ) third-quarter report has established. The central bank report shows that during the period, gold injected US$502,5 million being the largest export earner constituting 26% of the total exports. The […]<\/p>\n","protected":false},"author":84,"featured_media":88883,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,19],"class_list":["post-88885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nRaw minerals, tobacco dominate Zim\u2019s export list - zimbabwe<\/title>\n<meta name=\"description\" content=\"RAW minerals and tobacco continued to dominate Zimbabwe\u2019s export list in the third quarter of the year, the Reserve Bank ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raw minerals, tobacco dominate Zim\u2019s export list\" \/>\n<meta property=\"og:description\" content=\"RAW minerals and tobacco continued to dominate Zimbabwe\u2019s export list in the third quarter of the year, the Reserve Bank ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-26T18:58:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-26T23:07:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/12\/sm_1703615588.680818.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Raw minerals, tobacco dominate Zim\u2019s export list\",\"datePublished\":\"2023-12-26T18:58:59+00:00\",\"dateModified\":\"2023-12-26T23:07:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list\"},\"wordCount\":304,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/12\/sm_1703615588.680818.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/raw-minerals-tobacco-dominate-zims-export-list\",\"name\":\"Raw minerals, tobacco dominate Zim\u2019s export list - 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