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2022
Flag → Flag
Exports $307MRnk 106 / 217
2022
Flag → Flag
Top Product $104MPackaged Medicaments
2022
Flag → Flag
Exports $167MRnk 11 / 128
2022
Flag → Flag
Top Product $147MPrecious Stones
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.7Rnk 96 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH-14%CURRENT US$
Rnk 165 / 186

About

India-Zambia Trade: In 2022, India exported $307M to Zambia. The main products that India exported to Zambia were Packaged Medicaments ($104M), Vaccines, blood, antisera, toxins and cultures ($14.8M), and Delivery Trucks ($11.7M). Over the past 5 years the exports of India to Zambia have increased at an annualized rate of 1.37%, from $286M in 2017 to $307M in 2022.

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

Zambia-India Trade: In 2022, Zambia exported $167M to India. The main products that Zambia exported to India were Precious Stones ($147M), Refined Copper ($9.53M), and Raw Lead ($5.35M). Over the past 5 years the exports of Zambia to India have decreased at an annualized rate of 7.24%,  from $243M in 2017 to $167M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $14.5M and imported $15M from Zambia, resulting in a negative trade balance of $419k. Between August 2023 and August 2024 the exports of India have decreased by $-10.6M (-42.1%) from $25.1M to $14.5M, while imports decreased by $-6.56M (-30.5%) from $21.5M to $15M.

Trade In August 2024, the top exports of India to Zambia were Drug Formulations, Biologicals ($6.56M), Indl. Machnry For Dairy Etc ($1.84M), Medical And Scientific Instrum ($1.31M), Plastc Sht, Film, Plts Et ($768k), and Graphite, Explsivs And Accesor ($649k). In August 2024 the top imports of India from Zambia were Pearl, Precs, Semiprecs Stones ($6.21M), Aluminium, Products Of Aluminm ($35.4k), Electronics Components ($2.6k), Medical And Scientific Instrum ($510), and Electronics Instruments ($306).

Growth In August 2024, the decrease in India's year-by-year exports to Zambia was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-6.4M or -49.4%), Indl. Machnry For Dairy Etc ($-1.11M or -37.6%), and Products Of Iron And Steel ($-585k or -61.6%). In August 2024, the decrease in India's year-by-year imports  from Zambia was explained primarily by an decrease in product imports  in Pearl, Precs, Semiprecs Stones ($-1.03M or -14.3%) and Aluminium, Products Of Aluminm ($-37.9k or -51.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-10.6M(-42.1%)
IMPORT GROWTH (August 2023 - August 2024)$-6.56M(-30.5%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Zambia and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Zambia and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $307M to Zambia. The main products exported from India to Zambia were Packaged Medicaments ($104M), Vaccines, blood, antisera, toxins and cultures ($14.8M), and Delivery Trucks ($11.7M). During the last 5 years the exports of India to Zambia have increased at an annualized rate of 1.37%, from $286M in 2017 to $307M in 2022.

In 2017, Zambia exported $167M to India. The main products exported from Zambia to India were Precious Stones ($147M), Refined Copper ($9.53M), and Raw Lead ($5.35M). During the last 5 years the exports of Zambia to India have decreased at an annualized rate of 7.24%, from $243M in 2022 to $167M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Zambia
Top DestinationSwitzerland$4.5B

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

In 2022, countries that imported more from India than Zambia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Zambia than India included Switzerland ($4.5B), Pitcairn Islands ($1.49B), and Democratic Republic of the Congo ($1.51B).

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

Comparative Advantage India - Zambia

Flow
Scale

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

During 2022, India had a large net trade with Zambia in the exports of Chemical Products ($139M), Machines ($64.1M), and Transportation ($25.7M).

During 2017, Zambia had a large net trade with India in the exports of Precious Metals ($147M), Metals ($16.7M), and Mineral Products ($1.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Zambia+$19.6MPackaged Medicaments
Top Product Potential Zambia India+$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 India and Zambia. This means that a dot/product with the flag of India indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over India.

Product Space of India (Flag) and Zambia (Flag) (2022)

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