2023
Flag  
GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$1,331CURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

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.

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 2.07%,  from $25.2M in 2018 to $35M in 2023.

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

Comparison: In 2023,  Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $48M in 2023.

In 2018, 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 2.07%, from $25.2M in 2023 to $35M in 2018.

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

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

Latest Data

Trade between Zambia (Flag) and Italy (Flag)

Zambia Exports

Italy Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Zambia - Italy

Flow
Scale

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

During 2023, Zambia had a large net trade with Italy in the exports of Metals ($39.6M), Precious Metals ($7.13M), and Animal Hides ($645k).

During 2018, Italy had a large net trade with Zambia in the exports of Machines ($19M), Chemical Products ($7.8M), and Transportation ($2.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zambia Italy+$48.4MRefined Copper
Top Product Potential Italy Zambia+$5.66MVaccines, blood, antisera, toxins and cultures

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 Zambia and Italy. This means that a dot/product with the flag of Zambia indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Zambia.

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

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