2022
Flag  
GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Zambia-South Korea Trade: In 2022, Zambia exported $147M to South Korea. The main products that Zambia exported to South Korea were Refined Copper ($37.8M), Precipitated Copper ($25.7M), and Precious Metal Scraps ($14.9M). Over the past 5 years the exports of Zambia to South Korea have increased at an annualized rate of 64.5%, from $12.2M in 2017 to $147M in 2022.

In 2022, Zambia did not export any services to South Korea.

South Korea-Zambia Trade: In 2022, South Korea exported $44.1M to Zambia. The main products that South Korea exported to Zambia were Non-Retail Synthetic Filament Yarn ($2.91M), Other Plastic Products ($2.75M), and Ethylene Polymers ($1.11M). Over the past 5 years the exports of South Korea to Zambia have increased at an annualized rate of 53.7%,  from $5.15M in 2017 to $44.1M in 2022.

In 2022, South Korea did not export any services to Zambia.

Comparison: In 2022,  Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Zambia exported $147M to South Korea. The main products exported from Zambia to South Korea were Refined Copper ($37.8M), Precipitated Copper ($25.7M), and Precious Metal Scraps ($14.9M). During the last 5 years the exports of Zambia to South Korea have increased at an annualized rate of 64.5%, from $12.2M in 2017 to $147M in 2022.

In 2017, South Korea exported $44.1M to Zambia. The main products exported from South Korea to Zambia were Non-Retail Synthetic Filament Yarn ($2.91M), Other Plastic Products ($2.75M), and Ethylene Polymers ($1.11M). During the last 22 years the exports of South Korea to Zambia have increased at an annualized rate of 53.7%, from $5.15M in 1995 to $44.1M in 2017.

Exports from Zambia (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Zambia (Flag) (2022)

Latest Data

Trade between Zambia (Flag) and South Korea (Flag)

Zambia Exports

South Korea Exports

Market Competitiveness

Color
Zambia
Top Destination
Switzerland$4.5B
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Zambia than South Korea included Switzerland ($4.5B), Pitcairn Islands ($1.49B), and Democratic Republic of the Congo ($1.51B).

In 2022, countries that imported more from South Korea than Zambia included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Zambia (Flag) (2022)

Comparative Advantage Zambia - South Korea

Flow
Scale

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

During 2022, Zambia had a large net trade with South Korea in the exports of Metals ($63.6M), Precious Metals ($14.9M), and Vegetable Products ($23.1k).

During 2017, South Korea had a large net trade with Zambia in the exports of Plastics and Rubbers ($5M), Textiles ($4.11M), and Machines ($2.08M).

Economic Complexity

Competitive Landscape

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

Product Space of Zambia (Flag) and South Korea (Flag) (2022)

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