The Rational ModerateSearch

Trade by country

Zambia

In 2025, US goods exports to Zambia were $111.0 million and goods imports from Zambia were $321.5 million; imports exceeded exports by $210.5 million.

Goods: the latest figures

2025, full year

Exports
$111.0 million
Imports
$321.5 million
Balance
imports exceeded exports by $210.5 million (a goods trade deficit, in Census's term)
Total goods trade
$432.6 million
Share of US goods trade
0.008%
Rank among partners
No. 124 of 231

Latest 12 months, August 2025 to July 2026

Exports
$144.3 million
Imports
$704.4 million
Balance
imports exceeded exports by $560.2 million (a goods trade deficit, in Census's term)
Total goods trade
$848.7 million
Share of US goods trade
0.01%
Rank among partners
No. 107 of 233

2025 rank among 231 partners with trade that year; 12-month rank among 233.

  • Census basis goods, not seasonally adjusted. Exports are free alongside ship value; imports are general imports (customs value), everything that arrives, including goods entering bonded warehouses and Foreign Trade Zones. Shares and ranks compare total goods trade (exports plus imports) with the same period's world total.
  • US exports include re-exports: foreign goods shipped on in substantially the same condition as when they were imported. Exports are credited to the destination as known to the shipper and imports to the country of origin. The workbook used here does not separate re-exports.

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly data through July 2026; 2025 is the latest full year. Census revises the prior year's country totals each June. Retrieved Sept. 26, 2026.

Goods since 1992

US goods exports to and imports from Zambia, 1992 to 2025

Full years only, in current dollars (not adjusted for inflation).

$0$100M$200M$300M202020212022202320242025

$0$100M$200M$300M20162018202020222024

$0$100M$200M$300M200020102020

Data table
YearExportsImportsBalanceTotalShare of US goods tradeRank
2026 (7 months)$84.3M$592.1MImports exceeded exports by $507.8M$676.4M0.02%100
2025$111M$321.5MImports exceeded exports by $210.5M$432.6M0.008%124
2024$113.6M$168.5MImports exceeded exports by $54.9M$282.1M0.005%136
2023$94.4M$153.3MImports exceeded exports by $58.9M$247.8M0.005%143
2022$134.7M$135.3MImports exceeded exports by $555K$270M0.005%146
2021$94M$177.3MImports exceeded exports by $83.3M$271.4M0.006%138
2020$71.8M$40.3MExports exceeded imports by $31.5M$112.1M0.003%161
2019$99.5M$83MExports exceeded imports by $16.5M$182.4M0.004%150
2018$195.4M$189.6MExports exceeded imports by $5.7M$385M0.009%132
2017$85.1M$67.8MExports exceeded imports by $17.3M$153M0.004%155
2016$81.6M$46.6MExports exceeded imports by $35.1M$128.2M0.004%158
2015$84.2M$47.1MExports exceeded imports by $37.1M$131.3M0.003%156
2014$114.1M$55.7MExports exceeded imports by $58.5M$169.8M0.004%155
2013$141.1M$37.7MExports exceeded imports by $103.4M$178.8M0.005%152
2012$146.8M$63MExports exceeded imports by $83.8M$209.8M0.005%145
2011$129.8M$47.3MExports exceeded imports by $82.5M$177.1M0.005%150
2010$56.4M$29.6MExports exceeded imports by $26.8M$86M0.003%164
2009$57.3M$8.5MExports exceeded imports by $48.8M$65.8M0.003%167
2008$78.7M$51.5MExports exceeded imports by $27.2M$130.2M0.004%157
2007$69.4M$48.8MExports exceeded imports by $20.6M$118.2M0.004%155
2006$51.6M$28.4MExports exceeded imports by $23.2M$80.1M0.003%158
2005$29.1M$31.7MImports exceeded exports by $2.6M$60.8M0.002%167
2004$26.4M$32.5MImports exceeded exports by $6.1M$58.9M0.003%162
2003$19.5M$12.5MExports exceeded imports by $7M$31.9M0.002%173
2002$35.7M$7.9MExports exceeded imports by $27.8M$43.6M0.002%162
2001$15.8M$15.6MExports exceeded imports by $200K$31.4M0.002%172
2000$19M$17.8MExports exceeded imports by $1.2M$36.8M0.002%163
1999$19.9M$37.7MImports exceeded exports by $17.8M$57.6M0.003%151
1998$21.6M$47.2MImports exceeded exports by $25.6M$68.8M0.004%144
1997$29.3M$55.8MImports exceeded exports by $26.5M$85.1M0.005%137
1996$45.9M$64.1MImports exceeded exports by $18.2M$110M0.008%121
1995$48.9M$32.8MExports exceeded imports by $16.1M$81.7M0.006%130
1994$32.7M$63.5MImports exceeded exports by $30.8M$96.2M0.008%124
1993$42.4M$40.9MExports exceeded imports by $1.5M$83.3M0.008%124 (tied)
1992$68.3M$70.3MImports exceeded exports by $2M$138.6M0.01%111

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IYR, EYR) · retrieved Sept. 26, 2026 · 9,217 rows · as of July 2026 · monthly. Download CSV

2026 so far (7 months): exports $84.3 million, imports $592.1 million; imports exceeded exports by $507.8 million. Not in the chart, because a part year is not comparable with a full one.

Ranks start in 1992; before then the Census workbook covers only 76 partners. Shares start in 1987, the first year with a world total.

Goods by month

US goods exports to and imports from Zambia, by month

The latest 24 months. Not seasonally adjusted, so compare a month with the same month a year earlier.

$0$50M$100M$150MJan. 2025July 2025Jan. 2026July 2026

Data table
MonthExportsImportsBalance
Aug. 2024$19.5M$11.4MExports exceeded imports by $8.1M
Sept. 2024$7.4M$26.5MImports exceeded exports by $19.1M
Oct. 2024$4.2M$8.5MImports exceeded exports by $4.3M
Nov. 2024$15.6M$10.8MExports exceeded imports by $4.9M
Dec. 2024$8.5M$5.7MExports exceeded imports by $2.9M
Jan. 2025$12.4M$30.7MImports exceeded exports by $18.4M
Feb. 2025$3.7M$1.8MExports exceeded imports by $1.9M
March 2025$8.5M$36.2MImports exceeded exports by $27.7M
April 2025$6.7M$36.6MImports exceeded exports by $30M
May 2025$5.8M$59.2MImports exceeded exports by $53.4M
June 2025$8.4M$14MImports exceeded exports by $5.7M
July 2025$5.6M$30.5MImports exceeded exports by $24.9M
Aug. 2025$14.5M$64.7MImports exceeded exports by $50.2M
Sept. 2025$15M$22.3MImports exceeded exports by $7.2M
Oct. 2025$12M$3.8MExports exceeded imports by $8.2M
Nov. 2025$12.3M$13.9MImports exceeded exports by $1.6M
Dec. 2025$6.2M$7.7MImports exceeded exports by $1.5M
Jan. 2026$9.9M$71MImports exceeded exports by $61.2M
Feb. 2026$8.1M$137.7MImports exceeded exports by $129.5M
March 2026$21.8M$55.7MImports exceeded exports by $33.9M
April 2026$9.7M$33.5MImports exceeded exports by $23.8M
May 2026$13.9M$45.3MImports exceeded exports by $31.3M
June 2026$10.3M$90.3MImports exceeded exports by $80M
July 2026$10.6M$158.7MImports exceeded exports by $148.1M

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IJAN..IDEC, EJAN..EDEC) · retrieved Sept. 26, 2026 · 5,923 rows · as of July 2026 · monthly. Download CSV

US goods trade with Zambia, August 2025 to July 2026: each month beside the same month a year earlier
MonthExportsA year earlierChangeImportsA year earlierChange
July 2026$10.6M$5.6M+87.1%$158.7M$30.5M+420.1%
June 2026$10.3M$8.4M+22.9%$90.3M$14M+543.0%
May 2026$13.9M$5.8M+140.0%$45.3M$59.2M-23.6%
April 2026$9.7M$6.7M+45.8%$33.5M$36.6M-8.6%
March 2026$21.8M$8.5M+157.0%$55.7M$36.2M+53.7%
Feb. 2026$8.1M$3.7M+117.9%$137.7M$1.8M+7478.8%
Jan. 2026$9.9M$12.4M-20.1%$71M$30.7M+131.1%
Dec. 2025$6.2M$8.5M-27.3%$7.7M$5.7M+36.2%
Nov. 2025$12.3M$15.6M-21.5%$13.9M$10.8M+29.2%
Oct. 2025$12M$4.2M+185.0%$3.8M$8.5M-55.0%
Sept. 2025$15M$7.4M+104.3%$22.3M$26.5M-15.9%
Aug. 2025$14.5M$19.5M-25.4%$64.7M$11.4M+469.3%

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly, August 2024 to July 2026; not seasonally adjusted. Retrieved Sept. 26, 2026.

Services

Services are counted separately from goods, by a different agency, on an annual timetable. They are not added to the goods figures above.

US trade in services with Zambia, 2018 to 2025
YearExportsImportsBalance (exports minus imports)
2025$142M$110MExports exceeded imports by $32M
2024$167M$129MExports exceeded imports by $38M
2023$154M$122MExports exceeded imports by $32M
2022$154M$133MExports exceeded imports by $21M
2021$107M$127MImports exceeded exports by $21M
2020$93M$98MImports exceeded exports by $5M
2019$131M$175MImports exceeded exports by $45M
2018$146M$115MExports exceeded imports by $30M

The balance column is BEA's published balance, which BEA rounds on its own, so it can differ by a million dollars from the exports and imports shown beside it. The 2025 balance is a services trade surplus, in BEA's term.

Source: U.S. Bureau of Economic Analysis, International Services, Table 2.4. Annual, 2018 to 2025, released July 7, 2026; cells exactly as BEA publishes them, marks included. Retrieved Sept. 26, 2026. Download CSV

Direct investment

The value of direct investment at year end, both ways: US companies' stake in businesses in Zambia, and investors in Zambia with a stake in US businesses. Historical cost (book value), not market value.

Direct investment positions, 2020 to 2025
Year endUS direct investment in ZambiaDirect investment from Zambia in the US
2025$97M-$3M
2024$85M-$3M
2023$91M-$3M
2022$85M-$5M
2021-$117M-$2M
2020-$88M-$1M

BEA assigns each position to the immediate counterpart country, which may not be where the money ends up or where the ultimate owner is. That is why financial centers such as the Netherlands, Luxembourg and Caribbean islands rank high.

Source: U.S. Bureau of Economic Analysis, Direct Investment by Country and Industry. Positions at year end, 2020 to 2025; inward by country of foreign parent; cells exactly as BEA publishes them. Retrieved Sept. 26, 2026. Download CSV

Trade agreements

USTR lists no trade agreement with Zambia.

From USTR's list of free trade agreements in force and its page of agreements on reciprocal trade, in USTR's own wording. USTR's reciprocal trade page does not say whether each agreement is in force, so none is described that way here.

Source: Office of the United States Trade Representative, Free Trade Agreements and Agreements on Reciprocal Trade. Checked Sept. 26, 2026. Retrieved Sept. 26, 2026.

Context

Population, 2025
21.9 million
GDP, current US dollars, 2025
$28.9 billion

Source: The World Bank: World Development Indicators: Population, total (SP.POP.TOTL), UN Population Division and national statistical offices. The World Bank: World Development Indicators: GDP (current US$) (NY.GDP.MKTP.CD), country official statistics, OECD national accounts data files and World Bank staff estimates. License: CC BY 4.0. Most recent value per economy. Retrieved Sept. 26, 2026.

Top products and tariffs

Not shown yet: requires Census data not yet retrieved.