Exports in Zambia

Zambia Exports | Economic News & Forecasts

Zambia - Exports

The economy ended 2021 on a strong footing: GDP expanded an annual 2.1% in Q4, softening from Q3’s 3.3% growth—largely on a smaller base effect. This brought overall growth to 4.4% for the year, as activity recovered from the prior year’s pandemic-induced downturn. However, dynamics should have slowed in Q1 2022, as private-sector conditions deteriorated on average. Moreover, private spending was likely in a tough spot: While merchandise imports expanded strongly in January–February, price pressures continued to build up—despite gradually easing—and private-sector employment levels dropped somewhat. More positively, as commodity prices remained elevated, production of copper—the country’s key export—will have supported the external sector. This bodes well for public finances and fiscal deficit reduction, amid investment plans to continually ramp up copper production.

Zambia - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)7.4  6.5  8.2  9.0  7.2  

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Zambia Exports Chart

Zambia Exports
Note: Exports in USD bn.
Source: Central Statistical Office

Zambia Facts

Value Change Date
Bond Yield33.000.0 %Dec 31
Exchange Rate14.090.0 %Jan 01
Stock Market0.30.0 %Jan 06

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