Zambia has emerged as Zimbabweâ€™s leading export destination in the SADC region accounting for 30% of the countryâ€™s overall export volumes.According to a survey on SADC export markers carried out by the Confederation of Zimbabwe Industries, Zambia is now the leading export destination receiving about 30% of total exports, while South Africa which used to be the main export destination has however dropped from 22% in 2005 to 14% by 2010.
The data showed that South Africa had slipped from second position to fourth in terms of Zimbabweâ€™s export destinations in SADC, while Mozambique is emerging as a favourite destination, with Zimbabweâ€™s export share rising from 5% in 2009 to 11% in 2011.
An economic commentator, Mr. Chris Kasiyazi says Government should come up with workable policies to ensure that local products are competitive in terms of costs and quality.
â€œWe need to come up with workable policies to boost exports,â€ said Mr. Kasiyazi.
Zimbabweâ€™s export trends have remained constant over the last five years and the CZI notes that as a ratio to the Gross Domestic Product, the share of exports has however increased from 30% of GDP in 2005 to 33% of GDP in 2010.