2022
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GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$29.8BCURRENT US$
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2012-2022
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GDP GROWTH
16.8%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$1,488CURRENT US$
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2012-2022
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GDP PC GROWTH
-14%CURRENT US$
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About

Spain-Zambia Trade: In 2022, Spain exported $23.6M to Zambia. The main products that Spain exported to Zambia were Rubber Tires ($6.35M), Petroleum Coke ($3.57M), and Nitrogenous Fertilizers ($1.15M). Over the past 5 years the exports of Spain to Zambia have increased at an annualized rate of 5.65%, from $18M in 2017 to $23.6M in 2022.

In 2022, Spain did not export any services to Zambia.

Zambia-Spain Trade: In 2022, Zambia exported $53.2M to Spain. The main products that Zambia exported to Spain were Refined Copper ($41.3M), Pepper ($9.86M), and Ferroalloys ($1.08M). Over the past 5 years the exports of Zambia to Spain have increased at an annualized rate of 16.4%,  from $25M in 2017 to $53.2M in 2022.

In 2022, Zambia did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $23.6M to Zambia. The main products exported from Spain to Zambia were Rubber Tires ($6.35M), Petroleum Coke ($3.57M), and Nitrogenous Fertilizers ($1.15M). During the last 5 years the exports of Spain to Zambia have increased at an annualized rate of 5.65%, from $18M in 2017 to $23.6M in 2022.

In 2017, Zambia exported $53.2M to Spain. The main products exported from Zambia to Spain were Refined Copper ($41.3M), Pepper ($9.86M), and Ferroalloys ($1.08M). During the last 5 years the exports of Zambia to Spain have increased at an annualized rate of 16.4%, from $25M in 2022 to $53.2M in 2017.

Exports from Spain (Flag) to Zambia (Flag) (2022)

Exports from Zambia (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Zambia
Top Destination
Switzerland$4.5B

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 2022, countries that imported more from Spain than Zambia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Zambia than Spain included Pitcairn Islands ($1.49B), Democratic Republic of the Congo ($1.51B), and Equatorial Guinea ($635M).

Difference in imports from Zambia (Flag) and Spain (Flag) (2022)

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 2022, Spain had a large net trade with Zambia in the exports of Plastics and Rubbers ($6.74M), Chemical Products ($4.08M), and Mineral Products ($3.76M).

During 2017, Zambia had a large net trade with Spain in the exports of Metals ($42.4M), Vegetable Products ($10.6M), and Precious Metals ($106k).

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) (2022)

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