Zambia

Zambia ranked No. 155 in total trade value through June with a total of $62.36 million. Exports totaled $34.99 million and Imports totaled $27.37 million, a surplus of $7.61 million.

U.S. trade with Zambia rose to $62.36 million through June

Zambia’s trade with the United States rose to $62.36 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 51.21 percent below its total trade during the same time period last year. U.S. exports to Zambia decreased 50.98 percent while U.S. imports from Zambia fell 51.51 percent. The U.S. surplus with Zambia was $7.61 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Los Angeles International Airport; No. 3 Port of Brunswick, Ga.; No. 4 Port of Savannah, Ga.; and No. 5 Cleveland’s Hopkins International Airport, Ohio. During the same period the previous year, the top five were No. 1 Port of New York; No. 2 John F. Kennedy International Airport; No. 3 Los Angeles International Airport; No. 4 Port of New Orleans and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 67.46 percent of Zambia’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 38.47 percent to $17.08 million.
    Exports fell 42.28 percent to $1.08 million. Imports fell 38.19 percent to $16 million.
  • Trade with No. 2 Los Angeles International Airport fell 60.01 percent to $10.49 million.
    Exports rose 14.7 percent to $796,394. Imports fell 62.04 percent to $9.69 million.
  • Trade with No. 3 Port of Brunswick, Ga. rose 6638.86 percent to $9.12 million.
    Exports rose 6638.86 percent to $9.12 million. There were no imports.
  • Trade with No. 4 Port of Savannah, Ga. rose 79.03 percent to $3.03 million.
    Exports rose 79.03 percent to $3.03 million. There were no imports.
  • Trade with No. 5 Cleveland’s Hopkins International Airport, Ohio rose 127.75 percent to $2.34 million.
    Exports rose 133.83 percent to $2.15 million. Imports rose 75.6 percent to $188,360.

Zambia ranked No. 155 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 151.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Zambia by value through June were the categories of Self-propelled heavy construction machinery; Rubber tires; Computers; Low value shipments; and Tractors, respectively. They accounted for 50.21 percent of total exports to Zambia.

The value of the top five categories of U.S. imports from Zambia –– Precious stones; Coffee; Diamonds, not mounted; Ferroalloys 7202; and Returned exports, without change –– accounted for 98.91 percent of all inbound shipments.

Looking more closely at U.S. exports to Zambia:

  • Self-propelled heavy construction machinery rose 38455 percent compared to last year to $7.71 million.
  • Rubber tires rose 124.8 percent compared to last year to $4.3 million.
  • Computers rose 46.42 percent compared to last year to $2.05 million.
  • Low value shipments fell 52.67 percent compared to last year to $1.87 million.
  • Tractors rose 137.26 percent compared to last year to $1.63 million.

Looking more closely at U.S. imports from Zambia:

  • Precious stones fell 49.6 percent compared to last year to $25.56 million.
  • Coffee rose 121.89 percent compared to last year to $878,623.
  • Diamonds, not mounted rose 208.41 percent compared to last year to $323,674.
  • Ferroalloys 7202 rose 74.2 percent compared to last year to $184,791.
  • Returned exports, without change fell 80.73 percent compared to last year to $125,327.

In the latest annual figures available, Zambia recorded $182.34 million in trade with the United States. Total U.S. exports to Zambia were $ 99.31 million and imports from Zambia were $83.03 million. The U.S. surplus with Zambia was $16.28 million.