Zambia (ZMB) and Thailand (THA) Trade | The Observatory of Economic Complexity

About

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.

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.

Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $66.1M in 2023.

In 2018, 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 2023 to $38.3M in 2018.

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

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

Latest Data

Trade between Zambia () and Thailand ()

Zambia Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.26B

Thailand
Top DestinationUnited States$58.5B

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

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

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

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

Comparative Advantage Zambia - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zambia had a large net trade with Thailand in the exports of Precious Metals ($55.7M), Metals ($10.1M), and Animal Hides ($140k).

During 2018, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Thailand+$26.6MRefined Copper

Top Product Potential Thailand Zambia+$4.97MDelivery Trucks

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Zambia () and Thailand ()

Zambia Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Zambia - Thailand

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring