2022
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GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
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GDP GROWTH
16.8%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
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GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186

About

Russia-Zambia Trade: In 2021, Russia exported $17.5M to Zambia. The main products that Russia exported to Zambia were N/A. Over the past 5 years the exports of Russia to Zambia have increased at an annualized rate of 47.8%, from $2.47M in 2016 to $17.5M in 2021.

In 2020, Russia exported services to Zambia worth $783k, with Financial services ($726k), Transportation ($21k), and Other business services ($17k) being the largest in terms of value.

Zambia-Russia Trade: In 2021, Zambia exported $7.4M to Russia. The main products that Zambia exported to Russia were N/A. Over the past 5 years the exports of Zambia to Russia have decreased at an annualized rate of 11.1%,  from $13.3M in 2016 to $7.4M in 2021.

In 2021, Zambia did not export any services to Russia.

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). 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 2021, Russia exported $17.5M to Zambia. There were not main exports from Russia to Zambia in 2021. During the last 5 years the exports of Russia to Zambia have increased at an annualized rate of 47.8%, from $2.47M in 2016 to $17.5M in 2021.

In 2016, Zambia exported $7.4M to Russia. There were not main exports from Zambia to Russia in 2016. During the last 5 years the exports of Zambia to Russia have decreased at an annualized rate of 11.1%, from $13.3M in 2021 to $7.4M in 2016.

Exports from Russia (Flag) to Zambia (Flag) (2021)

Exports from Zambia (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Zambia
Top Destination
Switzerland$4.5B

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

In 2022, countries that imported more from Russia than Zambia included China ($101B), India ($40.4B), and Germany ($27.7B).

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

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

Comparative Advantage Russia - Zambia

Flow
Scale

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

During 2021, Russia had a large net trade with Zambia in the exports of .

During 2016, Zambia had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Zambia+$6.77kRefined Petroleum
Top Product Potential Zambia Russia+$4.3kGold

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 Russia and Zambia. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Russia.

Product Space of Russia (Flag) and Zambia (Flag) (2021)

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