First quarter Tobacco sales impressive

Tobacco

Tobacco

Zimbabwe has so far exported 35,5 million kilogrammes worth $223 4 million of Virginia tobacco during this current first quarter, latest figures from the Tobacco Industry Marketing Board (TIMB) show. The average export price is $6,28 per kg. The country’s tobacco exports so far exceeds the 32,7 million kg at $6,61 per kg to the value of $216, 3 million realised during the parallel period last year.Zimbabwe’s golden is currently purchased by 34 countries across the world.

The figures show that China is still the leading buyer of Zimbabwean tobacco after it has so far imported 20,3million kg worth $164,7 million at $8,12 per kg.

During the same period last year, China had imported 19 million kg of tobacco valued at $167 million.

South African is on second position and is the highest African country importer of Zimbabwean tobacco importing 4,8 million kg of tobacco worth $14,8 million at an average price of $3,09 per kg. Belgium has been overtaken by South Africa and is now on the third position after importing 1,8 million kg worth $9,7 million at $5,14 per kg.

Indonesia is on the forth position having taken up a total 1,7million kg of tobacco worth $9,8 million at $5, 68 per kg. — BH24

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