2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 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

Italy-Zambia Trade: In 2023, Italy exported $35M to Zambia. The main products that Italy exported to Zambia were Vaccines, blood, antisera, toxins and cultures ($7.33M), Stone Processing Machines ($5.08M), and Excavation Machinery ($2.86M). Over the past 5 years the exports of Italy to Zambia have increased at an annualized rate of 6.77%, from $25.2M in 2018 to $35M in 2023.

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

Zambia-Italy Trade: In 2023, Zambia exported $48M to Italy. The main products that Zambia exported to Italy were Ferroalloys ($32.5M), Refined Copper ($7.17M), and Precious Stones ($7.12M). Over the past 5 years the exports of Zambia to Italy have decreased at an annualized rate of 3.69%,  from $57.9M in 2018 to $48M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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, Italy exported $35M to Zambia. The main products exported from Italy to Zambia were Vaccines, blood, antisera, toxins and cultures ($7.33M), Stone Processing Machines ($5.08M), and Excavation Machinery ($2.86M). During the last 5 years the exports of Italy to Zambia have increased at an annualized rate of 6.77%, from $25.2M in 2018 to $35M in 2023.

In 2018, Zambia exported $48M to Italy. The main products exported from Zambia to Italy were Ferroalloys ($32.5M), Refined Copper ($7.17M), and Precious Stones ($7.12M). During the last 5 years the exports of Zambia to Italy have decreased at an annualized rate of 3.69%, from $57.9M in 2023 to $48M in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Zambia
Top Destination
Switzerland$4.26B

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

In 2023, countries that imported more from Italy than Zambia included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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

Comparative Advantage Italy - Zambia

Flow
Scale

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

During 2023, Italy had a large net trade with Zambia in the exports of Machines ($19M), Chemical Products ($7.8M), and Transportation ($2.61M).

During 2018, Zambia had a large net trade with Italy in the exports of Metals ($39.6M), Precious Metals ($7.13M), and Animal Hides ($645k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Zambia+$5.66MVaccines, blood, antisera, toxins and cultures
Top Product Potential Zambia Italy+$48.4MRefined 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 Italy and Zambia. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Italy.

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

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