The solo exhibition that was held in Blantyre, attracted 15 local firms that were interested in broadening export earnings in line with strong bilateral trade ties between Zimbabwe and Malawi.
Â ZimTrade Export Development Manager, Mr. Stanley Tupiri confirmed that the exhibition which ended last month, created business opportunities for local firms in terms of export orders and joint ventures.
â€œ Indeed it was a success as some local companies did manage to clinch some deals,â€ he said.
Latest statistics from ZimTrade shows that Zimbabwe exported goods worth US$40 millionÂ to Malawi in 2006. The figure increased to US$47million in 2007 before the earnings declined in 2008 to US$38 million.
However, last year export earnings rebounded toUS$43 million.
Both countries are in discussions on modalities to create a favorable playing field in terms of imports and exports through revising the current balance of payment position which is in favor of Zimbabwe.