Zambia recorded a trade surplus of 6306.40 ZMK Million in December of 2020. source: Central Statistical Office, Zambia

Balance of Trade in Zambia averaged 171.10 ZMK Million from 2003 until 2020, reaching an all time high of 7394.40 ZMK Million in September of 2020 and a record low of -2678 ZMK Million in October of 2015. This page provides the latest reported value for - Zambia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zambia Balance of Trade - values, historical data and charts - was last updated on February of 2021.

Balance of Trade in Zambia is expected to be 4700.00 ZMK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Zambia to stand at -300.00 in 12 months time. In the long-term, the Zambia Balance of Trade is projected to trend around 3200.00 ZMK Million in 2022 and 2300.00 ZMK Million in 2023, according to our econometric models.

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Zambia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
6306.40 7157.30 7394.40 -2678.00 2003 - 2020 ZMK Million Monthly

Zambia Trade Last Previous Highest Lowest Unit
Balance of Trade 6306.40 7157.30 7394.40 -2678.00 ZMK Million [+]
Current Account 597.10 350.70 654.30 -564.00 USD Million [+]
Current Account to GDP 1.00 -1.30 7.50 -20.90 percent [+]
Imports 10084.00 9255.00 10084.00 518.00 ZMK Million [+]
Exports 16390.00 16412.00 16656.00 271.00 ZMK Million [+]
Terrorism Index 0.15 0.31 2.23 0.00 [+]
Foreign Direct Investment 152.40 182.80 1335.70 -281.90 USD Million [+]
External Debt 15049.10 12141.90 15049.10 909.60 USD Million [+]
Capital Flows 870.30 439.00 2111.20 -902.70 USD Million [+]

Zambia Balance of Trade
Zambia’s trade surpluses are the result of copper exports. Zambia also exports: sugar, tobacco, gemstones and cotton. Zambia is a net importer of fuel and machinery. Zambia’s main trading partner is China followed by South Africa and Congo-Kinshasa.