Zambia (ZMB) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Zambia-Greece Trade: In 2022, Zambia exported $33.3M to Greece. The main products that Zambia exported to Greece were Refined Copper ($33.3M), Low-voltage Protection Equipment ($3.67k), and Metal Mountings ($460). Over the past 5 years the exports of Zambia to Greece have increased at an annualized rate of 30.6%, from $8.78M in 2017 to $33.3M in 2022.

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

Greece-Zambia Trade: In 2022, Greece exported $575k to Zambia. The main products that Greece exported to Zambia were Liquid Pumps ($150k), Low-voltage Protection Equipment ($108k), and Aluminium Structures ($58.4k). Over the past 5 years the exports of Greece to Zambia have decreased at an annualized rate of 5.99%, from $1.37M in 2017 to $575k in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Zambia exported $33.3M to Greece. The main products exported from Zambia to Greece were Refined Copper ($33.3M), Low-voltage Protection Equipment ($3.67k), and Metal Mountings ($460). During the last 5 years the exports of Zambia to Greece have increased at an annualized rate of 30.6%, from $8.78M in 2017 to $33.3M in 2022.

In 2017, Greece exported $575k to Zambia. The main products exported from Greece to Zambia were Liquid Pumps ($150k), Low-voltage Protection Equipment ($108k), and Aluminium Structures ($58.4k). During the last 5 years the exports of Greece to Zambia have decreased at an annualized rate of 5.99%, from $1.37M in 2022 to $575k in 2017.

Exports from Zambia () to Greece () (2022)

Exports from Greece () to Zambia () (2022)

Latest Data

Trade between Zambia () and Greece ()

Zambia Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.5B

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Zambia than Greece included Switzerland ($4.5B), China ($2.6B), and Democratic Republic of the Congo ($1.51B).

In 2022, countries that imported more from Greece than Zambia included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

Difference in imports from Greece () and Zambia () (2022)

Comparative Advantage Zambia - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zambia had a large net trade with Greece in the exports of Metals ($33.3M), Machines ($4.01k), and Chemical Products ($84).

During 2017, Greece had a large net trade with Zambia in the exports of Machines ($337k), Metals ($137k), and Plastics and Rubbers ($28.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Greece+$6.41MRefined Copper

Top Product Potential Greece Zambia+$108kLow-voltage Protection Equipment

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

Year

This visualization shows the product space at the HS4 level with the flags of Zambia and Greece. This means that a dot/product with the flag of Zambia indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Zambia.

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Historical Data

Bilateral Trade by Products

Exports from Zambia () to Greece () (2022)

Exports from Greece () to Zambia () (2022)

Latest Data

Trade between Zambia () and Greece ()

Zambia Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Zambia () (2022)

Comparative Advantage Zambia - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zambia () and Greece () (2022)

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