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2023
Flag → Flag
Exports $562MRnk 91 / 220
2023
Flag → Flag
Top Product $110MPackaged Medicaments
2023
Flag → Flag
Exports $2.11BRnk 3 / 136
2023
Flag → Flag
Top Product $1.73BRaw Copper
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.65Rnk 94 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH-1.64%CURRENT US$
Rnk 172 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$1,331CURRENT US$
Rnk 171 / 196
2013-2023
Flag
GDP PC GROWTH-26.9%CURRENT US$
Rnk 184 / 195

About

India-Zambia Trade: In 2023, India exported $562M to Zambia. The main products that India exported to Zambia were Packaged Medicaments ($110M), Delivery Trucks ($64.3M), and Raw Plastic Sheeting ($27.3M). Over the past 5 years the exports of India to Zambia have increased at an annualized rate of 3.84%, from $465M in 2018 to $562M in 2023.

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

Zambia-India Trade: In 2023, Zambia exported $2.11B to India. The main products that Zambia exported to India were Raw Copper ($1.73B), Precious Stones ($229M), and Refined Copper ($123M). Over the past 5 years the exports of Zambia to India have increased at an annualized rate of 24.1%,  from $718M in 2018 to $2.11B in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $22.5M and imported $7.53M from Zambia, resulting in a positive trade balance of $15M. Between November 2023 and November 2024 the exports of India have decreased by $-3.24M (-12.6%) from $25.8M to $22.5M, while imports decreased by $-8.28M (-52.3%) from $15.8M to $7.53M.

Trade In November 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 November 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 November 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 ($-585k or -61.6%). In November 2024, the decrease in India's year-by-year imports  from Zambia was explained primarily by an decrease in product imports  in Pearl, Precs, Semiprecs Stones ($-1.03M or -14.3%) and Aluminium, Products Of Aluminm ($-37.9k or -51.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$-3.24M(-12.6%)
IMPORT GROWTH (November 2023 - November 2024)$-8.28M(-52.3%)

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 2023, India exported $562M to Zambia. The main products exported from India to Zambia were Packaged Medicaments ($110M), Delivery Trucks ($64.3M), and Raw Plastic Sheeting ($27.3M). During the last 5 years the exports of India to Zambia have increased at an annualized rate of 3.84%, from $465M in 2018 to $562M in 2023.

In 2018, Zambia exported $2.11B to India. The main products exported from Zambia to India were Raw Copper ($1.73B), Precious Stones ($229M), and Refined Copper ($123M). During the last 5 years the exports of Zambia to India have increased at an annualized rate of 24.1%, from $718M in 2023 to $2.11B in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Zambia
Top DestinationSwitzerland$4.26B

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 2023, countries that imported more from India than Zambia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Zambia than India included Switzerland ($4.26B) and Democratic Republic of the Congo ($1.6B).

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

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 2023, India had a large net trade with Zambia in the exports of Chemical Products ($209M), Machines ($94.8M), and Transportation ($89.1M).

During 2018, Zambia had a large net trade with India in the exports of Metals ($1.87B), Precious Metals ($229M), and Vegetable Products ($7.26M).

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) (2023)

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