Zambia Export Data
The Republic of Zambia is another name for Zambia. Landlocked Zambia is located halfway between central, eastern, and southern Africa. It is mostly found in southern Africa. Numerous nations, including the Democratic Republic of Congo, Tanzania, Malawi, Mozambique, Zimbabwe, and Botswana, are bordering the nation. The copper mining sector is the backbone of Zambia's economy. In terms of land area, Zambia is ranked 17th in Africa. In terms of area, Zambia is ranked 39th in the world. With its rich reserves of natural resources and strategically favorable location in Southern Africa, Zambia has emerged as a key player in the global trade market. The country, known for its copper production, is now diversifying its export portfolio to tap into new markets and foster economic growth.
According to Zambia's export data, Zambia exported goods worth a total of $9.7 billion in 2023. Zambia's goods exports fell by 10% in 2023 from the previous year. The current total GDP of Zambia is $28.41 billion, with a GDP export share of 40.78%. Zambia’s biggest export in 2023 is Copper, while its biggest export partner is Switzerland. Zambia is a part of major trading blocs such as COMESA, AFCFTA, SADC, and WTO. Let us now delve into Zambia's export data, specifically focusing on the trends and opportunities that 2023 holds for the nation's export industry.