Trade balance — all countries

Trade balance — Zambia

Trade balance in Zambia in 2024 — 1,879,737,732 US$. Ranked 60 in the world out of 171. Since 1994, the indicator has risen by 6,955.6%.

2024 1.88B US$ +97.55% vs 2023
World rank 60of 171
Period maximum 4.03B US$2021
Period minimum -1.19B US$2015

Trend over time

1994–2024 · US$

Trade balance — Zambia, 1994–2024-2B02B4B6B199419972000200320062009201220152018202120241994: -27,418,875 US$1995: -130,378,571 US$1996: -246,901,151 US$1997: -151,921,038 US$1998: -248,164,810 US$1999: -329,980,582 US$2000: -451,510,169 US$2001: -591,601,095 US$2002: -446,609,019 US$2003: -536,505,558 US$2004: -232,240,914 US$2005: -81,557,141 US$2006: 934,962,754 US$2007: 198,333,517 US$2008: -289,469,872 US$2009: 364,908,722 US$2010: 1,246,523,942 US$2011: 1,911,249,738 US$2012: 1,223,665,436 US$2013: 142,763,483 US$2014: 393,838,002 US$2015: -1,187,564,143 US$2016: -693,557,833 US$2017: -413,972,220 US$2018: 270,071,722 US$2019: 112,156,711 US$2020: 2,581,643,039 US$2021: 4,026,777,848 US$2022: 3,234,461,754 US$2023: 951,539,025 US$2024: 1,879,737,732 US$
Change over the period: +1.91B (+6,955.63%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Zambia

Zambia 1.88B US$
World computed 863B US$
Sub-Saharan Africa computed -35.13B US$
Eastern Africa computed -42.19B US$
Lower-middle-income countries computed -351B US$
Trade balance — Zambia, by year Zambia All countries CSV XLSX
Year US$ Change Change, %
2024 1.88B +928M +97.55%
2023 952M −2.28B −70.58%
2022 3.23B −792M −19.68%
2021 4.03B +1.45B +55.98%
2020 2.58B +2.47B +2,201.82%
2019 112M −158M −58.47%
2018 270M +684M +165.24%
2017 -414M +280M +40.31%
2016 -694M +494M +41.6%
2015 -1.19B −1.58B −401.54%
2014 394M +251M +175.87%
2013 143M −1.08B −88.33%
2012 1.22B −688M −35.98%
2011 1.91B +665M +53.33%
2010 1.25B +882M +241.6%
2009 365M +654M +226.06%
2008 -289M −488M −245.95%
2007 198M −737M −78.79%
2006 935M +1.02B +1,246.39%
2005 -81.56M +151M +64.88%
2004 -232M +304M +56.71%
2003 -537M −89.9M −20.13%
2002 -447M +145M +24.51%
2001 -592M −140M −31.03%
2000 -452M −122M −36.83%
1999 -330M −81.82M −32.97%
1998 -248M −96.24M −63.35%
1997 -152M +94.98M +38.47%
1996 -247M −117M −89.37%
1995 -130M −103M −375.51%
1994 -27.42M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.