Zambia recorded a trade deficit of 451.90 ZMK Million in August of 2019. Balance of Trade in Zambia averaged -56.49 ZMK Million from 2003 until 2019, reaching an all time high of 1484 ZMK Million in January of 2011 and a record low of -2678 ZMK Million in October of 2015.
Balance of Trade in Zambia is expected to be -1430.00 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 -200.00 in 12 months time. In the long-term, the Zambia Balance of Trade is projected to trend around 250.00 ZMK Million in 2020, according to our econometric models.