2023
Flag  
GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$1,331CURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Zambia-Singapore Trade: In 2023, Zambia exported $585M to Singapore. The main products that Zambia exported to Singapore were Refined Copper ($322M), Raw Copper ($225M), and Precious Stones ($23.5M). Over the past 5 years the exports of Zambia to Singapore have increased at an annualized rate of 2.64%, from $513M in 2018 to $585M in 2023.

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

Singapore-Zambia Trade: In 2023, Singapore exported $374M to Zambia. The main products that Singapore exported to Zambia were Refined Petroleum ($325M), Nitrogenous Fertilizers ($20.3M), and Sulphur ($10.8M). Over the past 5 years the exports of Singapore to Zambia have increased at an annualized rate of 57.5%,  from $38.6M in 2018 to $374M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Zambia exported $585M to Singapore. The main products exported from Zambia to Singapore were Refined Copper ($322M), Raw Copper ($225M), and Precious Stones ($23.5M). During the last 5 years the exports of Zambia to Singapore have increased at an annualized rate of 2.64%, from $513M in 2018 to $585M in 2023.

In 2018, Singapore exported $374M to Zambia. The main products exported from Singapore to Zambia were Refined Petroleum ($325M), Nitrogenous Fertilizers ($20.3M), and Sulphur ($10.8M). During the last 5 years the exports of Singapore to Zambia have increased at an annualized rate of 57.5%, from $38.6M in 2023 to $374M in 2018.

Exports from Zambia (Flag) to Singapore (Flag) (2023)

Exports from Singapore (Flag) to Zambia (Flag) (2023)

Latest Data

Trade between Zambia (Flag) and Singapore (Flag)

Zambia Exports

Singapore Exports

Market Competitiveness

Color
Zambia
Top Destination
Switzerland$4.26B
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, countries that imported more from Zambia than Singapore included Democratic Republic of the Congo ($1.6B), Switzerland ($4.26B), and Malawi ($179M).

In 2023, countries that imported more from Singapore than Zambia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

Difference in imports from Singapore (Flag) and Zambia (Flag) (2023)

Comparative Advantage Zambia - Singapore

Flow
Scale

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

During 2023, Zambia had a large net trade with Singapore in the exports of Metals ($548M), Precious Metals ($23.6M), and Mineral Products ($9.92M).

During 2018, Singapore had a large net trade with Zambia in the exports of Mineral Products ($336M), Chemical Products ($26M), and Transportation ($3.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zambia Singapore+$2.08MPrecious Stones
Top Product Potential Singapore Zambia+$3.66MRefined Petroleum

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

Product Space of Zambia (Flag) and Singapore (Flag) (2023)

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