2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 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

Singapore-Zambia Trade: In 2023, Singapore exported $374M to Zambia. The main products that Singapore exported to Zambia were Refined Petroleum ($325M), Nitrogenous Fertilizers ($20.3M), and Sulphur ($10.8M). Over the past 5 years the exports of Singapore to Zambia have increased at an annualized rate of 57.5%, from $38.6M in 2018 to $374M in 2023.

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

Zambia-Singapore Trade: In 2023, Zambia exported $585M to Singapore. The main products that Zambia exported to Singapore were Refined Copper ($322M), Raw Copper ($225M), and Precious Stones ($23.5M). Over the past 5 years the exports of Zambia to Singapore have increased at an annualized rate of 2.64%,  from $513M in 2018 to $585M in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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, Singapore exported $374M to Zambia. The main products exported from Singapore to Zambia were Refined Petroleum ($325M), Nitrogenous Fertilizers ($20.3M), and Sulphur ($10.8M). During the last 5 years the exports of Singapore to Zambia have increased at an annualized rate of 57.5%, from $38.6M in 2018 to $374M in 2023.

In 2018, Zambia exported $585M to Singapore. The main products exported from Zambia to Singapore were Refined Copper ($322M), Raw Copper ($225M), and Precious Stones ($23.5M). During the last 5 years the exports of Zambia to Singapore have increased at an annualized rate of 2.64%, from $513M in 2023 to $585M in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Zambia (Flag)

Singapore Exports

Zambia Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Zambia
Top Destination
Switzerland$4.26B

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

In 2023, countries that imported more from Singapore than Zambia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Zambia than Singapore included Democratic Republic of the Congo ($1.6B), Switzerland ($4.26B), and Malawi ($179M).

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

Comparative Advantage Singapore - Zambia

Flow
Scale

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

During 2023, Singapore had a large net trade with Zambia in the exports of Mineral Products ($336M), Chemical Products ($26M), and Transportation ($3.43M).

During 2018, Zambia had a large net trade with Singapore in the exports of Metals ($548M), Precious Metals ($23.6M), and Mineral Products ($9.92M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Zambia+$3.66MRefined Petroleum
Top Product Potential Zambia Singapore+$2.08MPrecious Stones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with