Zambia (ZMB) and India (IND) Trade | The Observatory of Economic Complexity

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Zambia-India Trade: In 2023, Zambia exported $2.11B to India. The main products that Zambia exported to India were Raw Copper ($1.73B), Precious Stones ($229M), and Refined Copper ($123M). Over the past 5 years the exports of Zambia to India have increased at an annualized rate of 24.1%, from $718M in 2018 to $2.11B in 2023.

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

India-Zambia Trade: In 2023, India exported $562M to Zambia. The main products that India exported to Zambia were Packaged Medicaments ($110M), Delivery Trucks ($64.3M), and Raw Plastic Sheeting ($27.3M). Over the past 5 years the exports of India to Zambia have increased at an annualized rate of 3.84%, from $465M in 2018 to $562M in 2023.

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

Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Zambia exported $2.11B to India. The main products exported from Zambia to India were Raw Copper ($1.73B), Precious Stones ($229M), and Refined Copper ($123M). During the last 5 years the exports of Zambia to India have increased at an annualized rate of 24.1%, from $718M in 2018 to $2.11B in 2023.

In 2018, India exported $562M to Zambia. The main products exported from India to Zambia were Packaged Medicaments ($110M), Delivery Trucks ($64.3M), and Raw Plastic Sheeting ($27.3M). During the last 5 years the exports of India to Zambia have increased at an annualized rate of 3.84%, from $465M in 2023 to $562M in 2018.

Exports from Zambia () to India () (2023)

Exports from India () to Zambia () (2023)

Latest Data

Trade between Zambia () and India ()

Zambia Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.26B

India
Top DestinationUnited States$85.5B

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

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

In 2023, countries that imported more from India than Zambia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India () and Zambia () (2023)

Comparative Advantage Zambia - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zambia had a large net trade with India in the exports of Metals ($1.87B), Precious Metals ($229M), and Vegetable Products ($7.26M).

During 2018, India had a large net trade with Zambia in the exports of Chemical Products ($209M), Machines ($94.8M), and Transportation ($89.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia India+$19MRefined Copper

Top Product Potential India Zambia+$19.6MPackaged 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Zambia () to India () (2023)

Exports from India () to Zambia () (2023)

Latest Data

Trade between Zambia () and India ()

Zambia Exports

India Exports

Market Competitiveness

Difference in imports from India () and Zambia () (2023)

Comparative Advantage Zambia - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zambia () and India () (2023)

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