2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
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GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 195
2023
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GDP PC 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC
$1,331CURRENT US$
Rnk 171 / 196
2013-2023
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GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195

About

Spain-Zambia Trade: In 2023, Spain exported $53M to Zambia. The main products that Spain exported to Zambia were Pesticides ($19.1M), Nitrogenous Fertilizers ($10.2M), and Rubber Tires ($7.61M). Over the past 5 years the exports of Spain to Zambia have increased at an annualized rate of 13.6%, from $28.1M in 2018 to $53M in 2023.

In 2023, Spain did not export any services to Zambia.

Zambia-Spain Trade: In 2023, Zambia exported $30.6M to Spain. The main products that Zambia exported to Spain were Pepper ($18.4M), Refined Copper ($8.45M), and Copper Ore ($1.3M). Over the past 5 years the exports of Zambia to Spain have increased at an annualized rate of 11.4%,  from $17.8M in 2018 to $30.6M in 2023.

In 2023, Zambia did not export any services to Spain.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $53M to Zambia. The main products exported from Spain to Zambia were Pesticides ($19.1M), Nitrogenous Fertilizers ($10.2M), and Rubber Tires ($7.61M). During the last 5 years the exports of Spain to Zambia have increased at an annualized rate of 13.6%, from $28.1M in 2018 to $53M in 2023.

In 2018, Zambia exported $30.6M to Spain. The main products exported from Zambia to Spain were Pepper ($18.4M), Refined Copper ($8.45M), and Copper Ore ($1.3M). During the last 5 years the exports of Zambia to Spain have increased at an annualized rate of 11.4%, from $17.8M in 2023 to $30.6M in 2018.

Exports from Spain (Flag) to Zambia (Flag) (2023)

Exports from Zambia (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Zambia
Top Destination
Switzerland$4.26B

This map shows whether countries import more from Spain or Zambia. Each country is colored based on the difference in imports they receive from Spain and Zambia or the difference in the growth in imports.

In 2023, countries that imported more from Spain than Zambia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Zambia than Spain included Democratic Republic of the Congo ($1.6B), Zimbabwe ($248M), and Malawi ($179M).

Difference in imports from Zambia (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Zambia

Flow
Scale

This chart compares trade between Spain and Zambia by product, considering products traded by both, Spain and Zambia.

During 2023, Spain had a large net trade with Zambia in the exports of Chemical Products ($34.1M), Plastics and Rubbers ($7.94M), and Machines ($5.27M).

During 2018, Zambia had a large net trade with Spain in the exports of Vegetable Products ($19.4M), Metals ($8.66M), and Mineral Products ($1.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Zambia+$2.45MRubber Tires
Top Product Potential Zambia Spain+$19MRefined Copper

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Zambia. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Zambia (Flag) (2023)

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