2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
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GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 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 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 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

Thailand-Zambia Trade: In 2023, Thailand exported $38.3M to Zambia. The main products that Thailand exported to Zambia were Delivery Trucks ($12.9M), Rice ($5.48M), and Cars ($3.11M). Over the past 5 years the exports of Thailand to Zambia have increased at an annualized rate of 13.6%, from $20.2M in 2018 to $38.3M in 2023.

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

Zambia-Thailand Trade: In 2023, Zambia exported $66.1M to Thailand. The main products that Zambia exported to Thailand were Precious Stones ($55.6M), Refined Copper ($9.65M), and Precipitated Copper ($435k). Over the past 5 years the exports of Zambia to Thailand have increased at an annualized rate of 2.86%,  from $57.4M in 2018 to $66.1M in 2023.

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

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $38.3M to Zambia. The main products exported from Thailand to Zambia were Delivery Trucks ($12.9M), Rice ($5.48M), and Cars ($3.11M). During the last 5 years the exports of Thailand to Zambia have increased at an annualized rate of 13.6%, from $20.2M in 2018 to $38.3M in 2023.

In 2018, Zambia exported $66.1M to Thailand. The main products exported from Zambia to Thailand were Precious Stones ($55.6M), Refined Copper ($9.65M), and Precipitated Copper ($435k). During the last 5 years the exports of Zambia to Thailand have increased at an annualized rate of 2.86%, from $57.4M in 2023 to $66.1M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Zambia (Flag)

Thailand Exports

Zambia Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Zambia
Top Destination
Switzerland$4.26B

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

In 2023, countries that imported more from Thailand than Zambia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Zambia than Thailand included Democratic Republic of the Congo ($1.6B), Zimbabwe ($248M), and Namibia ($197M).

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

Comparative Advantage Thailand - Zambia

Flow
Scale

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

During 2023, Thailand had a large net trade with Zambia in the exports of Transportation ($16.3M), Plastics and Rubbers ($8.16M), and Vegetable Products ($6.45M).

During 2018, Zambia had a large net trade with Thailand in the exports of Precious Metals ($55.7M), Metals ($10.1M), and Animal Hides ($140k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Zambia+$4.97MDelivery Trucks
Top Product Potential Zambia Thailand+$26.6MRefined 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 Thailand and Zambia. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Thailand.

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

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