ZIMBABWE is mulling plans to start exporting its products to the multi-billion Swedish market to raise more foreign currency to boost the economy.
BY MTHANDAZO NYONI
ZimTrade together with the Swedish Embassy in Zimbabwe and Open Trade Gate Sweden (OTGS), will next month host a one- day seminar on how to export to Sweden.
This comes as the country is importing more than it was exporting with the trade deficit widening to $1,83 billion in the six months to June from $1,76 billion during the same period last year.
The seminar seeks to raise awareness on the rules and requirements for exporting from Zimbabwe to Sweden as well as to the European Union.
“Furthermore, the seminar will provide requisite market intelligence to assist Zimbabwean companies with a potential to penetrate these markets,” ZimTrade said.
OTGS is a free of charge one-stop information centre that was set up by the Swedish government as a public service to exporters from developing countries.
“Based on an analysis of Swedish imports, sectors identified for possible export to Sweden by Zimbabwe are fresh produce, processed foods, clothing and textiles, among others. Companies in these sectors are encouraged to participate in the seminar,” ZimTrade said.
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According to TradeMap, Sweden imported $1,97 billion worth of fresh produce, $5,56 billion of processed foods and $4,9 billion of clothing and textiles from the world in 2014.
ZimTrade said companies with potential to export to Sweden were urged to utilise the Zimbabwe-EU Business Information Centre, which is housed at ZimTrade. The centre provides up-to-date information on accessing the EU market.
