2022
Exports
$38.1kWorld Rnk 96 / 182
Flag Rnk 566 / 996
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$1.21MWorld Rnk 98 / 216
Flag Rnk 474 / 1167
2022
ECONOMIC COMPLEXITY of Zambia
-0.7Rnk 96 / 133

About

Exports In 2022, Zambia exported $38.1k in Electromagnets, making it the 96th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 566th most exported product in Zambia. The main destination of Electromagnets exports from Zambia are: Democratic Republic of the Congo ($34.1k), South Africa ($2.45k), Sweden ($593), United Arab Emirates ($287), and Equatorial Guinea ($247).

The fastest growing export markets for Electromagnets of Zambia between 2021 and 2022 were Democratic Republic of the Congo ($29.5k), Sweden ($593), and South Africa ($341).

Imports In 2022, Zambia imported $1.21M in Electromagnets, becoming the 98th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 474th most imported product in Zambia. Zambia imports Electromagnets primarily from: South Africa ($507k), Australia ($188k), Equatorial Guinea ($168k), United States ($71.9k), and United Arab Emirates ($69.1k).

The fastest growing import markets in Electromagnets for Zambia between 2021 and 2022 were Equatorial Guinea ($168k), South Africa ($98.5k), and United Arab Emirates ($65.1k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.1k
IMPORTS (2022)$1.21M
NET TRADE (2022)-$1.17M

In 2022, Zambia exported $38.1k in Electromagnets. The main destinations of Zambia exports on Electromagnets were Democratic Republic of the Congo ($34.1k), South Africa ($2.45k), Sweden ($593), United Arab Emirates ($287), and Equatorial Guinea ($247).

In 2022, Zambia imported $1.21M in Electromagnets, mainly from South Africa ($507k), Australia ($188k), Equatorial Guinea ($168k), United States ($71.9k), and United Arab Emirates ($69.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Zambia WERE (2021 - 2022):
Sweden$593 (1%)
South Africa$341 (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Zambia WERE (2021 - 2022):Zimbabwe-$101 (-63.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Zambia's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Zambia's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $3.77k
TOP IMPORT POTENTIALChina+ $116k

Electromagnets’s highest export potential is South Africa. With an export gap of $3.77k.   Electromagnets’s highest import potential is China with an import gap of $116k.

See methodology.

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