2022
Flag  
GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Zambia-Colombia Trade: In 2022, Zambia exported $482k to Colombia. The main products that Zambia exported to Colombia were Ferroalloys ($482k) and Other Hand Tools ($161). Over the past 6 years the exports of Zambia to Colombia have increased at an annualized rate of 8.48%, from $296k in 2016 to $482k in 2022.

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

Colombia-Zambia Trade: In 2022, Colombia exported $478k to Zambia. The main products that Colombia exported to Zambia were Other Heating Machinery ($208k), Industrial Food Preperation Machinery ($187k), and Thermostats ($50.1k). Over the past 6 years the exports of Colombia to Zambia have decreased at an annualized rate of 18.5%,  from $1.33M in 2016 to $478k in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Zambia exported $482k to Colombia. The main products exported from Zambia to Colombia were Ferroalloys ($482k) and Other Hand Tools ($161). During the last 6 years the exports of Zambia to Colombia have increased at an annualized rate of 8.48%, from $296k in 2016 to $482k in 2022.

In 2017, Colombia exported $478k to Zambia. The main products exported from Colombia to Zambia were Other Heating Machinery ($208k), Industrial Food Preperation Machinery ($187k), and Thermostats ($50.1k). During the last 5 years the exports of Colombia to Zambia have decreased at an annualized rate of 18.5%, from $1.33M in 2022 to $478k in 2017.

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

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

Latest Data

Trade between Zambia (Flag) and Colombia (Flag)

Zambia Exports

Colombia Exports

Market Competitiveness

Color
Zambia
Top Destination
Switzerland$4.5B
Colombia
Top Destination
United States$15.6B

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

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

In 2022, countries that imported more from Colombia than Zambia included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Zambia - Colombia

Flow
Scale

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

During 2022, Zambia had a large net trade with Colombia in the exports of Metals ($482k).

During 2017, Colombia had a large net trade with Zambia in the exports of Machines ($424k), Instruments ($50.1k), and Metals ($1.28k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zambia Colombia+$517kFerroalloys
Top Product Potential Colombia Zambia+$64.6kIndustrial Food Preperation Machinery

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

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

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