Zimbabwe’s flour imports, dropped by more than 60 percent between January and November last year saving the nation at least US$80 million.
The decline in flour imports during the 11 month period is largely being attributed to improved wheat stock and production.
Latest official trade figures released by the Zimbabwe National Statistics Agency ( Zimstat), indicate despite the fall in flour imports, the country has however experienced a negative trade deficit.
In the past few years flour imports were costing the nation more than $100 million, resulting in the prices of the end products being on the increase.
Sources in the milling sector have also revealed the sector has adequate stocks of wheat that are required to produce the required flour by industry and commerce.
Zimbabwe consumes between 400 000 to 450 000 tonnes of wheat per year with expectations the recovery in the production of the commodity will ease reliance on imports of the commodity.
Due to depressed production, the country is relying on importing key raw materials for industry, a move that is draining the scarce foreign exchange in the economy.