Zambia recorded a trade surplus of 1561.80 ZMK Million in June of 2020.

Balance of Trade in Zambia averaged -4.29 ZMK Million from 2003 until 2020, reaching an all time high of 3843.40 ZMK Million in May 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 August of 2020. source: Central Statistical Office, Zambia

Balance of Trade in Zambia is expected to be 800.00 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 1400.00 in 12 months time. In the long-term, the Zambia Balance of Trade is projected to trend around 1500.00 ZMK Million in 2021 and 1100.00 ZMK Million in 2022, according to our econometric models.

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Zambia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1561.80 3843.40 3843.40 -2678.00 2003 - 2020 ZMK Million Monthly

Zambia Trade Last Previous Highest Lowest Unit
Balance of Trade 1561.80 3843.40 3843.40 -2678.00 ZMK Million [+]
Current Account 122.30 78.20 654.30 -564.00 USD Million [+]
Current Account to GDP 1.00 -1.30 7.50 -20.90 percent [+]
Imports 7755.00 6681.00 9763.00 518.00 ZMK Million [+]
Exports 9317.00 10525.00 10525.00 271.00 ZMK Million [+]
Terrorism Index 0.31 0.66 2.23 0.00 [+]
Foreign Direct Investment 152.40 182.80 1335.70 -281.90 USD Million [+]
External Debt 9144.60 8261.10 9208.80 909.60 USD Million [+]
Capital Flows 200.00 192.80 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.