Virginia tobacco exports reach $184m
Zimbabwe has so far earned $184,3 million after exporting 45,2 million kg of tobacco to 49 countries, a setback of 76 million on export earnings realised during the same period last year. According to Tobacco Industry and Marketing Board (TIMB) during the same period in 2017 the country exported 58 million kg, earning $260 million in the process. The fall in tobacco exports to $184,3 million from $260 million represents 29 percent decline. China, South Africa, Indonesia, Belgium and the United Arab Emirates are the main buyers of Zimbabwe’s Virginia tobacco crop. Top buyer China accounted for over 7,8 million kg valued at $51,2 million while South Africa comes in second having bought 7,5 mil...
[Read more]
Industry
-
China East Asia
- English
- Uncategorized
- 3 Additional coverage