China has imported 18.6 million kg of Zimbabwean tobacco leaf so far this year as the Asian giant continues to assert its dominance as the biggest buyer of the country’s leaf, statistics from the industry regulator show. Statistics released to Xinhua Monday by the Tobacco Industry and Marketing Board (TIMB) show that China bought 18.6 million kg of the leaf worth 151 million U.S. dollars as of Jan. 15 out of a total 21.1 million kg exported by the country. This is compared to 5 million kg that China bought during the same period last year from a total 7.3 million kg exported…Full Article: Jan 2016

Key Point

  • In 2015, China accounted for 41% of Zimbabwe’s tobacco leaf exports.

ChinaAg Comments

  • In general, approximately 80% of Zimbabwean exports to China are comprised of tobacco products, cotton, and other crops.
  • From 2014 to 2015, the tobacco’s industry share contribution to China’s state revenue increased more than 20% to CNY 1.1 trillion (~US$170 billion).
  • In March 2015, China donated 5,400 MTs of rice to Zimbabwe as food aid.
  • From 2009 to 2013, Chinese (i.e. mainland China, Hong Kong, and Macau) of Zimbabwean tobacco products increased from US$94 million to US$530 million.

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