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.

Zambia Balance of Trade
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Forecast Data Chart
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Zambia Trade Last Previous Highest Lowest Unit
Balance of Trade -451.90 -786.20 1484.00 -2678.00 ZMK Million [+]
Current Account -168.00 -246.40 654.30 -564.00 USD Million [+]
Current Account to GDP -1.30 -1.70 7.50 -20.90 percent [+]
Imports 8355.50 7581.60 9763.00 518.00 ZMK Million [+]
Exports 7903.60 6795.40 8916.00 271.00 ZMK Million [+]
Terrorism Index 0.66 0.00 2.23 0.00 [+]
Foreign Direct Investment 426.30 467.00 1335.70 -281.90 USD Million [+]
External Debt 9144.60 8261.10 9208.80 909.60 USD Million [+]
Capital Flows -229.90 -4.60 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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-451.90 -786.20 1484.00 -2678.00 2003 - 2019 ZMK Million Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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