Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Trading with the world

17 Aug 2023 - by -
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Even though it is landlocked, Zambia trades with 174 of the 195 countries in the world.According to the World Bank, at the HS6 digit level, 1 974 products are exported to 118 countries and 3 895 products are imported from 174 countries.Zambia has duty- and quota-free access to the EU market, under the “Everything but Arms” (EBA) programme, and is eligible for benefits under the US African Growth and Opportunity Act.It is a member of SADC and Comesa and an AfCFTA signatory.Zambia’s top trading partners in 2021 were: South Africa with a share of 31% ($2.01 billion) China with a share of 12.5% ($810 million) India with a share of 6.26% ($ 4 02 m) United Arab Emirates with a share of 5.65% ($363m) Democratic Republic of Congo with a share of 4.62% ($297m) Seychelles with a share of 4.26% ($274m) Japan with a share of 3.53% ($227 m) USA with a share of 3.03% ($1 95m) United Kingdom with a share of 2.79% ($179m) Namibia with a share of 1.83% ($118m)According to the Bank of Zambia Direction of Trade Report, First Quarter 2023, the top 10 export destinations this year have been, in order, Switzerland, DRC, China, Singapore, South Africa, Zimbabwe, “other”, Malawi, Namibia and Hong Kong.Import partners, in order, were South Africa, China, United Arab Emirates, “other”, Singapore, Japan, USA, Congo DR, and Mauritius. The table below shows how Zambia compares with its direct neighbours on key metrics. Economic Freedom comes from the 2023 Index of Economic Freedom by the Heritage organisation.GDP and inf lation figures were provided by the International Monetary Fund.Merchandise exports are measured FOB for 2021.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Zambia & DRC 18 August 2023

View PDF
China continues to gain ground in DRC
17 Aug 2023
Trading with the world
17 Aug 2023
Drive to modernise agriculture
17 Aug 2023
Urgency to chart a new course for copper industry
17 Aug 2023
Corruption levels stabilise
17 Aug 2023
Lucrative opportunities for SA companies in DRC
17 Aug 2023
High praise from International Monetary Fund
17 Aug 2023
Global financial institutions power changes in energy mix
17 Aug 2023
EV revolution creates value-adding opportunities
17 Aug 2023
Volumes into Lusaka on the rise
17 Aug 2023
Private sector invited to put rail back on track
17 Aug 2023
Airfreight growth yet to materialise this year
17 Aug 2023
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
Yesterday
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

New

Inside Sales with Estimates Experience (Also suitable for an Estimator wanting to get into Internal Sales) CPT

Tiger Recruitment
Cape Town
07 May

Cost Estimator - Durban North

Lee Botti & Associates
Durban
07 May

Clearing and Forwarding Sales Executives

QI Logistics
ISANDO
06 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us