2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186

About

Austria-Zambia Trade: In 2022, Austria exported $7.02M to Zambia. The main products that Austria exported to Zambia were Refractory Bricks ($3.23M), Refractory Cements ($301k), and Pesticides ($293k). Over the past 5 years the exports of Austria to Zambia have increased at an annualized rate of 3%, from $6.05M in 2017 to $7.02M in 2022.

In 2022, Austria did not export any services to Zambia.

Zambia-Austria Trade: In 2022, Zambia exported $13.3M to Austria. The main products that Zambia exported to Austria were Ferroalloys ($13.1M), Special purpose motor vehicles ($70.5k), and Collector's Items ($45.2k). Over the past 5 years the exports of Zambia to Austria have increased at an annualized rate of 97.8%,  from $439k in 2017 to $13.3M in 2022.

In 2022, Zambia did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $7.02M to Zambia. The main products exported from Austria to Zambia were Refractory Bricks ($3.23M), Refractory Cements ($301k), and Pesticides ($293k). During the last 5 years the exports of Austria to Zambia have increased at an annualized rate of 3%, from $6.05M in 2017 to $7.02M in 2022.

In 2017, Zambia exported $13.3M to Austria. The main products exported from Zambia to Austria were Ferroalloys ($13.1M), Special purpose motor vehicles ($70.5k), and Collector's Items ($45.2k). During the last 5 years the exports of Zambia to Austria have increased at an annualized rate of 97.8%, from $439k in 2022 to $13.3M in 2017.

Exports from Austria (Flag) to Zambia (Flag) (2022)

Exports from Zambia (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Zambia (Flag)

Austria Exports

Zambia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Zambia
Top Destination
Switzerland$4.5B

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

In 2022, countries that imported more from Austria than Zambia included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Zambia than Austria included Democratic Republic of the Congo ($1.51B), Pitcairn Islands ($1.49B), and Equatorial Guinea ($635M).

Difference in imports from Zambia (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Zambia

Flow
Scale

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

During 2022, Austria had a large net trade with Zambia in the exports of Stone And Glass ($3.25M), Machines ($1.42M), and Chemical Products ($838k).

During 2017, Zambia had a large net trade with Austria in the exports of Metals ($13.2M), Transportation ($70.5k), and Arts and Antiques ($45.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Zambia+$475kPackaged Medicaments
Top Product Potential Zambia Austria+$1.39MFerroalloys

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Zambia (Flag) (2022)

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