Export from Africa (ZIMBABWE) With Dr Godwin Oyefeso
EVERYTHING YOU NEED TO KNOW ABOUT EXPORT OF CHROMIUM ORE FROM ZIMBABWE
Zimbabwe is the world’s fifth largest producer of chromium ore. The country’s expansive supply of primary chromium ores has attracted many international mining companies to set up shop there. Chromium ore is an essential raw material for the production of stainless steel, nickel, and other alloys used in a variety of products. However, exporting chromium ore from Zimbabwe isn’t easy. If you want to start your own business and export this mineral from Zimbabwe, read on to learn about some of the considerations and processes involved.
Exports In 2022, Zimbabwe exported $45.9M in Chromium Ore, making it the 6th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 12th most exported product in Zimbabwe.
WHAT YOU NEED TO KNOW BEFORE EXPORTING CHROMIUM ORE FROM ZIMBABWE
Before you begin exporting chromium ore, you need to understand the local Zimbabwean regulations, market trends, and different types of chromium ore. It is essential to do research and stay up to date with market information, as there are a few factors that might affect the price of your shipment. Zimbabwe is the world’s fifth largest producer of chromium ore. Zimbabwe’s chromium ore accounts for about 85% of the country’s total exports. The other major exports from Zimbabwe are bauxite, ferroalloys, gold, and diamonds. The vast supply of chromium ore from Zimbabwe has attracted many international mining companies that are currently operating in the country.
HOW TO EXPORT CHROMIUM ORE FROM ZIMBABWE?
In order to start your own business and export chromium ore from Zimbabwe, you’ll need to take care of a few things first. First, you’ll need to get an import and export license for your chromium ore business. To do this, you’ll need to send an application to the Zimbabwe Revenue Authority (ZIMRA). You’ll need to provide the details of your business, chosen business name, and an authorized representative. Next, you’ll need to find a good shipping company that can transport your raw materials from Zimbabwe to your desired destination. Once you find a potential shipping company, be sure to check their credentials and ask as many questions as you need to make sure they can handle your shipment. You’ll also need to find a customs broker to help you navigate the shipping process.
REGISTERING FOR AN IMPORT AND EXPORT LICENSE
First, you’ll need to send an application to the Zimbabwe Revenue Authority (ZIMRA) for an import and export license. You can send your application via email or by post. Once you send your application, you should get a response from one of the ZIMRA offices within 3 to 6 weeks. Your application fee depends on the amount of goods you wish to import. The application process is straightforward and only requires a few documents. You’ll need to provide basic information about your business. You’ll also need to show proof of a valid business bank account, and provide information about your location, ownership of goods, and contact details.
FINDING THE RIGHT SHIPPING COMPANY
Now that you’ve obtained your import and export license, you should start looking for a shipping company that can transport your goods from Zimbabwe to your desired destination. You should consider a few factors when choosing a shipping company, including experience, reputation, and customer service. You can find a list of local and international shipping companies on Zimbabwe’s Ports Authority website. You can also ask around to see if any of your contacts have experience working with a particular shipping company. If you don’t know anyone, you can also post a request on online websites such as TradeHub.
THE SHIPMENT BEFORE EXPORTING CHROMIUM ORE FROM ZIMBABWE
Before you export your goods from Zimbabwe, you should check to make sure they meet all import regulations. You should also prepare your goods for shipment. Make sure your goods are clean and properly packaged before shipping. When shipping, it’s important to follow all regulations for the transportation of dangerous goods. For example, you’ll need to make sure your goods don’t contain any dangerous substances, like hydrogen cyanide, benzene, and chromium. You should also take care of any other documentation that your shipping company might need, such as an HS code, COE, and Packing list.
Chromium ore is a raw material that is used to produce many different products, including stainless steel and alloys. Zimbabwe is the fifth largest producer of chromium ore in the world. In order to export this raw material from Zimbabwe, you’ll need to obtain an import and export license and find a good shipping company. Once you’ve prepared your goods for shipment and sent them off, it may take a couple of weeks to receive them at your destination.
SOURCE
There are large deposits of Chromium in thhe Great Dyke region in the Midlands province of Zimbabwe.
EXPORT MARKET
The main destination of Chromium Ore exports from Zimbabwe are: China ($25.9M), Mozambique ($13.4M), South Africa ($2.66M), Spain ($1.22M), and Italy ($1.01M).