China / Zambia

Overview In February 2024, China exported $71.3M and imported $223M from Zambia, resulting in a negative trade balance of $152M. Between February 2023 and February 2024 the exports of China have increased by $11.6M (19.4%) from $59.7M to $71.3M, while imports decreased by $-135M (-37.7%) from $359M to $223M.

Trade In February 2024, the top exports of China to Zambia were Tractors ($5.58M), Telephones ($3.47M), Prepr binder for foundry ($3M), Stone Processing Machines ($2.45M), and Washing and Bottling Machines ($2.03M). In February 2024 the top imports of China from Zambia were Raw Copper ($425M), Refined Copper ($81.1M), Nickel Ore ($9.49M), Copper Ore ($5.16M), and Prepr binder for foundry ($1.39M).

Origins In February 2024 the exports of China were mainly from Shandong Province ($13.5M), Beijing ($10.1M), Jiangsu Province ($8.4M), Guangdong Province ($8.3M), and Zhejiang Province ($6.48M), while imports destinations were mainly Jiangxi Province ($38.5M), Guangdong Province ($32.9M), Shandong Province ($32.7M), Zhejiang Province ($30.9M), and Jiangsu Province ($26.4M).

Growth In February 2024, the increase in China's year-by-year exports to Zambia was explained primarily by an increase in product exports in Tractors ($2.87M or 106%), Prepr binder for foundry ($2.78M or 1.26k%), and Washing and Bottling Machines ($1.85M or 1.03k%). In February 2024, the decrease in China's year-by-year imports  from Zambia was explained primarily by an decrease in product imports  in Raw Copper ($-357M or -45.6%), Nickel Ore ($-6.04M or -38.9%), and Zinc Ore ($-2.06M or -76.7%).