2023
Flag  
GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 195
2023
Flag
GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$1,331CURRENT US$
Rnk 171 / 196
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195

About

Russia-Zambia Trade: In 2023, Russia exported $33.7M to Zambia. The main products that Russia exported to Zambia were Nitrogenous Fertilizers ($23M), Mixed Mineral or Chemical Fertilizers ($6.6M), and Sulphur ($2.01M). Over the past 5 years the exports of Russia to Zambia have increased at an annualized rate of 18.7%, from $14.3M in 2018 to $33.7M in 2023.

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 2023, Zambia exported $15.5k to Russia. The main products that Zambia exported to Russia were Precious Stones ($11.3k), Worked Ivory and Bone ($2.14k), and Collector's Items ($2.04k). Over the past 5 years the exports of Zambia to Russia have decreased at an annualized rate of 69.5%,  from $5.9M in 2018 to $15.5k in 2023.

In 2023, Zambia did not export any services to Russia.

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $33.7M to Zambia. The main products exported from Russia to Zambia were Nitrogenous Fertilizers ($23M), Mixed Mineral or Chemical Fertilizers ($6.6M), and Sulphur ($2.01M). During the last 5 years the exports of Russia to Zambia have increased at an annualized rate of 18.7%, from $14.3M in 2018 to $33.7M in 2023.

In 2018, Zambia exported $15.5k to Russia. The main products exported from Zambia to Russia were Precious Stones ($11.3k), Worked Ivory and Bone ($2.14k), and Collector's Items ($2.04k). During the last 5 years the exports of Zambia to Russia have decreased at an annualized rate of 69.5%, from $5.9M in 2023 to $15.5k in 2018.

Exports from Russia (Flag) to Zambia (Flag) (2023)

Exports from Zambia (Flag) to Russia (Flag) (2023)

Market Competitiveness

Color
Russia
Top Destination
China$129B
Zambia
Top Destination
Switzerland$4.26B

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 2023, countries that imported more from Russia than Zambia included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Zambia than Russia included Democratic Republic of the Congo ($1.6B), Switzerland ($4.26B), and Namibia ($197M).

Difference in imports from Zambia (Flag) and Russia (Flag) (2023)

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 2023, Russia had a large net trade with Zambia in the exports of Chemical Products ($30.1M), Mineral Products ($2.01M), and Paper Goods ($893k).

During 2018, Zambia had a large net trade with Russia in the exports of Precious Metals ($11.3k), Miscellaneous ($2.14k), and Arts and Antiques ($2.04k).

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) (2023)

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