The trade statistics between Pakistan and Zimbabwe, although not reflective of the true potential, underscore the existing trade dynamics between the two nations. The total bilateral trade for the fiscal year 2023-24 stood at US$ 9.6 million, with Pakistan's exports amounting to US$ 6.05 million and imports from Zimbabwe at US$ 3.55 million. The trade balance during this fiscal year 2023-24 turned in favour of Pakistan. During 2022-23, the trade balance was in favor of Zimbabwe with Pakistan importing goods amounting to US$7.88 million as compared to exporting US$2.71 million with a total trade of US$10.59 million.

The figures for the fiscal year 2022-23 and 2023-24 demonstrate that there is a decline in trade volume compared to the fiscal years 2021-22 when total trade rose to US$ 30.8 million when Pakistan imported huge amounts of raw cotton due to the floods that ravaged vast parts of Pakistan in 2022.  

The detailed analysis of the bilateral exports and imports over the last seven years emphasizes the fluctuations in trade volumes and the need for a more sustainable and balanced trade relationship. Detailed breakdown of bilateral exports and import figures for the last seven year are as following:-

                       Source: M/o Commerce

Imports from Zimbabwe

Cotton, neither carded nor combed, Tanning extracts of vegetable origin; tannins and their salts, ethers, esters and other derivatives, Citrus fruit, fresh or dried,   Maize or corn,  Unmanufactured tobacco; tobacco refuse, Beauty or make-up preparations and preparations for the care of the skin, incl. sunscreen, Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents, Ferrous waste and scrap; remelting scrap ingots of iron or steel, Gaskets and similar joints of metal sheeting combined with other material or of two or more.

Exports to Zimbabwe

Rice , Tractors, Articles and equipment for general physical exercise, gymnastics, athletics, other sports, Wadding of textile materials and articles,  Woven fabrics of cotton, containing predominantly, but < 85% cotton, Woven fabrics containing predominantly, but < 85% synthetic staple fibres, Instruments and appliances used in medical, surgical, dental or veterinary sciences, incl, Headgear, whether or not lined or trimmed, N.E.C. , Agricultural, horticultural or forestry machinery for soil preparation or cultivation