Zimbabwe had exported 102,3 million kg of tobacco at an average price of US$4,90 per kg.
ZIMBABWE’S tobacco exports have increased 29 percent as at October 9, earning the country US$500 million compared to US$406 million last year, statistics from the industry regulator show.
In a trade update, the Tobacco Industry and Marketing Board (TIMB) said Zimbabwe had exported 102,3 million kg of tobacco at an average price of US$4,90 per kg compared to 79 million kg at US$5,14 per kg last year.
China has bought 26,3 million kg of the leaf at an average price of US$8,14 per kg totaling US$214,4 million.
Belgium last year’s the biggest buyer of the Zimbabwe’s tobacco last year has so far 12 million kg worth US$50,3 million at an average price of US$4,17 per kg.
Neighbouring South Africa bought 10 million kg worth US$30,8 million at US$3,08 per kg.
TIMB said the country had realized a 32 percent fall in tobacco imports to 1,8 million kg from 7,6 million kg last year.
Zambia remained the main source of tobacco imports which are used for blending purposes by local manufacturers supplying the country 919 800 kg at an average price of US$1,49 per kg valued at US$1,3 million.
Imports from India totaled 305 529 kg at an average price of US$4,61 valued at US$1,4 million. -The Source