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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $13.3M in 2022.

In 2017, 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 2022 to $7.02M in 2017.

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

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

Latest Data

Trade between Zambia (Flag) and Austria (Flag)

Zambia Exports

Austria Exports

Market Competitiveness

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

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

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).

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

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

Comparative Advantage Zambia - Austria

Flow
Scale

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

During 2022, Zambia had a large net trade with Austria in the exports of Metals ($13.2M), Transportation ($70.5k), and Arts and Antiques ($45.2k).

During 2017, Austria had a large net trade with Zambia in the exports of Stone And Glass ($3.25M), Machines ($1.42M), and Chemical Products ($838k).

Potential Exports

Potential Exports

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

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

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

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