2022
Exports
$403MWorld Rnk 7 / 162
Flag Rnk 4 / 996
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$3.66MWorld Rnk 45 / 185
Flag Rnk 305 / 1167
2022
ECONOMIC COMPLEXITY of Zambia
-0.7Rnk 96 / 133

About

Exports In 2022, Zambia exported $403M in Precious Stones, making it the 7th 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 ($147M), United States ($62.2M), Thailand ($44.8M), Singapore ($34.2M), and United Arab Emirates ($32M).

The fastest growing export markets for Precious Stones of Zambia between 2021 and 2022 were India ($75.9M), Thailand ($36.9M), and Equatorial Guinea ($18.3M).

Imports In 2022, Zambia imported $3.66M in Precious Stones, becoming the 45th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 305th most imported product in Zambia. Zambia imports Precious Stones primarily from: Singapore ($2.87M), United Arab Emirates ($706k), South Africa ($60.3k), Tanzania ($14.4k), and Ethiopia ($7.18k).

The fastest growing import markets in Precious Stones for Zambia between 2021 and 2022 were United Arab Emirates ($706k), Singapore ($533k), and South Africa ($60.3k).

Latest Trends

Sep 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 (2022)$403M
IMPORTS (2022)$3.66M
NET TRADE (2022)$399M

In 2022, Zambia exported $403M in Precious Stones. The main destinations of Zambia exports on Precious Stones were India ($147M), United States ($62.2M), Thailand ($44.8M), Singapore ($34.2M), and United Arab Emirates ($32M).

In 2022, Zambia imported $3.66M in Precious Stones, mainly from Singapore ($2.87M), United Arab Emirates ($706k), South Africa ($60.3k), Tanzania ($14.4k), and Ethiopia ($7.18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Zambia WERE (2021 - 2022):
India$75.9M (107%)
Thailand$36.9M (470%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Zambia WERE (2021 - 2022):
Singapore-$54.5M (-61.4%)
Italy-$5.48M (-65%)
Switzerland-$4.51M (-55.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Zambia's main exporting competitors in Precious Stones were:
In 2022, 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
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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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