2022
Flag  
GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 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
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Zambia-Australia Trade: In 2022, Zambia exported $2.06M to Australia. The main products that Zambia exported to Australia were Pickled Foods ($881k), Excavation Machinery ($504k), and Precious Stones ($194k). Over the past 5 years the exports of Zambia to Australia have increased at an annualized rate of 10.4%, from $1.26M in 2017 to $2.06M in 2022.

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

Australia-Zambia Trade: In 2022, Australia exported $23.1M to Zambia. The main products that Australia exported to Zambia were Motor vehicles; parts and accessories (8701 to 8705) ($3.07M), Transmissions ($1.94M), and Magnesium Carbonate ($1.76M). Over the past 5 years the exports of Australia to Zambia have decreased at an annualized rate of 12.5%,  from $45M in 2017 to $23.1M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Zambia exported $2.06M to Australia. The main products exported from Zambia to Australia were Pickled Foods ($881k), Excavation Machinery ($504k), and Precious Stones ($194k). During the last 5 years the exports of Zambia to Australia have increased at an annualized rate of 10.4%, from $1.26M in 2017 to $2.06M in 2022.

In 2017, Australia exported $23.1M to Zambia. The main products exported from Australia to Zambia were Motor vehicles; parts and accessories (8701 to 8705) ($3.07M), Transmissions ($1.94M), and Magnesium Carbonate ($1.76M). During the last 5 years the exports of Australia to Zambia have decreased at an annualized rate of 12.5%, from $45M in 2022 to $23.1M in 2017.

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

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

Latest Data

Trade between Zambia (Flag) and Australia (Flag)

Zambia Exports

Australia Exports

Market Competitiveness

Color
Zambia
Top Destination
Switzerland$4.5B
Australia
Top Destination
China$123B

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

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

In 2022, countries that imported more from Australia than Zambia included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Zambia - Australia

Flow
Scale

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

During 2022, Zambia had a large net trade with Australia in the exports of Foodstuffs ($881k), Machines ($664k), and Precious Metals ($201k).

During 2017, Australia had a large net trade with Zambia in the exports of Machines ($9.95M), Transportation ($3.97M), and Chemical Products ($2.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zambia Australia+$708kExcavation Machinery
Top Product Potential Australia Zambia+$762kMotor vehicles; parts and accessories (8701 to 8705)

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

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

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