2023
Exports
$515MWorld Rnk 8 / 164
Flag Rnk 4 / 946
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$2.87MWorld Rnk 45 / 184
Flag Rnk 324 / 1153
2023
ECONOMIC COMPLEXITY of Zambia
-0.65Rnk 94 / 132

About

Exports In 2023, Zambia exported $515M in Precious Stones, making it the 8th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 4th most exported product in Zambia. The main destination of Precious Stones exports from Zambia are: India ($229M), United States ($119M), Thailand ($55.6M), United Arab Emirates ($40.4M), and Singapore ($23.5M).

The fastest growing export markets for Precious Stones of Zambia between 2022 and 2023 were India ($79.4M), United States ($29.3M), and Thailand ($10.8M).

Imports In 2023, Zambia imported $2.87M in Precious Stones, becoming the 45th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 324th most imported product in Zambia. Zambia imports Precious Stones primarily from: Singapore ($2.65M), United Arab Emirates ($107k), India ($86.1k), Zimbabwe ($16.2k), and South Africa ($4.85k).

The fastest growing import markets in Precious Stones for Zambia between 2022 and 2023 were India ($85.8k), Zimbabwe ($16.2k), and Russia ($1.44k).

Latest Trends

Dec 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 Precious Stones. 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 (2023)$515M
IMPORTS (2023)$2.87M
NET TRADE (2023)$512M

In 2023, Zambia exported $515M in Precious Stones. The main destinations of Zambia exports on Precious Stones were India ($229M), United States ($119M), Thailand ($55.6M), United Arab Emirates ($40.4M), and Singapore ($23.5M).

In 2023, Zambia imported $2.87M in Precious Stones, mainly from Singapore ($2.65M), United Arab Emirates ($107k), India ($86.1k), Zimbabwe ($16.2k), and South Africa ($4.85k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Zambia WERE (2022 - 2023):
India$79.4M (53.1%)
United States$29.3M (32.7%)
Thailand$10.8M (24%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Zambia WERE (2022 - 2023):
Singapore-$11.2M (-32.2%)
Hong Kong-$8.31M (-41.7%)
Switzerland-$2.61M (-71.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Zambia's main exporting competitors in Precious Stones were:
In 2023, Zambia's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13M
TOP IMPORT POTENTIALTanzania+ $47.6k

Precious Stones’s highest export potential is United States. With an export gap of $13M.   Precious Stones’s highest import potential is Tanzania with an import gap of $47.6k.

See methodology.

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