Zambia

In 2014, the value of merchandise exports of Zambia decreased moderately by 8.6 percent to reach 9.7 bln US$, while its merchandise imports decreased moderately by 6.1 percent to reach 9.5 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small surplus of 148.9 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 3.7 bln US$ (see graph 4). Merchandise exports in Zambia were highly concentrated amongst partners; imports were diversified. The top 5 partners accounted for 80 percent or more of exports and 10 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Zambia increased substantially by 25.5 percent, reaching 585.4 mln US$, while its imports of services increased substantially by 16.7 percent and reached 1.5 bln US$ (see graph 2). There was a large trade in services deficit of 880.2 mln US$.

Related Subject(s): International Trade and Finance

Countries: Zambia