Zambia recorded a trade deficit of 786.20 ZMK Million in July of 2019. Balance of Trade in Zambia averaged -54.51 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 -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 300.00 in 12 months time. In the long-term, the Zambia Balance of Trade is projected to trend around 100.00 ZMK Million in 2020, according to our econometric models.