Zimbabwe is working to rebalance its trade with India as economic cooperation between the two nations continues to expand.
Ambassador Stella Nkomo, Zimbabwe’s envoy to India, stressed that while political and diplomatic relations remain solid, the priority now is to translate these ties into stronger trade and investment partnerships. Her remarks were reported by the Zimbabwe Broadcasting Corporation (ZBC), a partner of TV BRICS.
Official data shows Zimbabwe’s exports to India climbed to over US$46 million in 2024, a sharp rise from just US$65,000 in 2017. However, imports from India reached US$189.6 million in the same year, highlighting a persistent imbalance.
Ambassador Nkomo said Harare is stepping up its economic diplomacy to align trade volumes more closely with the deepening political partnership. She described India as a strategic partner and one of the fastest-growing economies in the world, underscoring Zimbabwe’s interest in strengthening bilateral trade
Zimbabwe exports gold and other minerals to India, while its imports are dominated by pharmaceuticals, machinery and electrical equipment. With trade flows still skewed towards India, Harare is prioritising investment attraction and diversification of its export base, particularly in energy, mining, pharmaceuticals, and agriculture.
