• Analysis and Studies
• Zambia: a look at the market

Overview

In 2023, Zambia ranked as the 111th largest economy globally by GDP (current US$). It was the 85th largest exporter and the 112th largest importer. In terms of GDP per capita (current US$), it ranked 171st, and according to the Economic Complexity Index (ECI), it was the 94th most complex economy.

Exports

Zambia's main exports include Raw Copper ($6.95B), Refined Copper ($2.83B), Gold ($1.85B), Precious Stones ($515M), and Electricity ($325M). The country's primary export destinations are Switzerland ($4.26B), China ($2.39B), India ($2.11B), the United Arab Emirates ($1.84B), and the Democratic Republic of the Congo ($1.6B).

Notably, in 2023, Zambia was the world’s largest exporter of Raw Copper ($6.95B).

Imports

Zambia’s top imports include Refined Petroleum ($1.79B), Delivery Trucks ($597M), Nitrogenous Fertilizers ($462M), Sulfur ($353M), and Tractors ($302M). The country's main import partners are South Africa ($2.72B), China ($1.65B), the United Arab Emirates ($1.03B), India ($562M), and Japan ($533M).

Geographic Location

Zambia is a landlocked country, sharing borders with Angola, Botswana, the Democratic Republic of Congo, Malawi, Mozambique, Namibia, Tanzania, and Zimbabwe.

Source: https://oec.world/