Trade volume between the UAE and Zimbabwe grows by more than 300 per cent
Trade in mining, agriculture, renewable energy and tourism is developing
Zimbabwe and the United Arab Emirates will continue to expand their bilateral agreements that have led to an increase in trade by more than 300 per cent in less than five years.
Zimbabwe, and the UAE signed an investment promotion and protection agreement as well as a tax agreement in 2018.
With these two agreements and an open-for-business foreign policy, bilateral trade between Zimbabwe and the UAE has seen significant growth from 2019 to 2023. UAE imports from Zimbabwe reached US$2.3 billion in 2021 compared to US$1,5 billion in 2020. This is reported by
Zimbabwe’s ambassador to the UAE Lovemore Mazemo has said that country exports to the UAE gems and pearls, tobacco, edible fruits, macadamia nuts, bananas, avocados, citrus fruits and various berries.
The ambassador also said that the number of Zimbabwean expatriates in the UAE is reaching 6,000 due to the growing demand for their skills. The variety of sectors where Zimbabweans are employed include aviation, cruise liners, finance, banking, insurance, medicine and education.