Zambia

Zambia ranked No. 152 in total trade value through July with a total of $73.9 million. Exports totaled $44 million and Imports totaled $29.91 million, a surplus of $14.09 million.

U.S. trade with Zambia rose to $73.9 million through July

Zambia’s trade with the United States rose to $73.9 million through the first seven months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 45.07 percent below its total trade during the same time period last year. U.S. exports to Zambia decreased 42.05 percent while U.S. imports from Zambia fell 48.97 percent. The U.S. surplus with Zambia was $14.09 million.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Brunswick, Ga.; No. 3 Los Angeles International Airport; No. 4 Port of Savannah, Ga.; and No. 5 Port of Houston. 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 68.13 percent of Zambia’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 28.41 percent to $21.07 million.
    Exports rose 38.48 percent to $2.98 million. Imports fell 33.68 percent to $18.1 million.
  • Trade with No. 2 Port of Brunswick, Ga. rose 8041.42 percent to $11.02 million.
    Exports rose 8041.42 percent to $11.02 million. There were no imports.
  • Trade with No. 3 Los Angeles International Airport fell 60.06 percent to $10.55 million.
    Exports fell 1.88 percent to $853,898. Imports fell 62.05 percent to $9.69 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 157.41 percent to $4.76 million.
    Exports rose 168.79 percent to $4.76 million. There were no imports.
  • Trade with No. 5 Port of Houston fell 21.22 percent to $2.94 million.
    Exports fell 19.93 percent to $2.94 million. There were no imports.

Zambia ranked No. 152 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 $2.08 trillion, down 49.83 percent compared to the same period last year. The nation’s exports dropped 51.38 percent to $799.82 billion; imports dropped 48.81 percent to $1.28 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $479.12 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 July were the categories of Self-propelled heavy construction machinery; Rubber tires; Misc. medical chemical re-agents; Low value shipments; and Computers, respectively. They accounted for 51.14 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 Raw tobacco –– accounted for 98.21 percent of all inbound shipments.

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

  • Self-propelled heavy construction machinery rose 47948 percent compared to last year to $9.61 million.
  • Rubber tires rose 177.36 percent compared to last year to $5.91 million.
  • Misc. medical chemical re-agents rose 3264.31 percent compared to last year to $2.4 million.
  • Low value shipments fell 43.8 percent compared to last year to $2.36 million.
  • Computers fell 4.81 percent compared to last year to $2.22 million.

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

  • Precious stones fell 47 percent compared to last year to $27.64 million.
  • Coffee rose 131.33 percent compared to last year to $1.04 million.
  • 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.
  • Raw tobacco totaled $181,467. The previous year, there were no imports in this category.

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.