The department has the mandate of stimulating the growth of Zambia’s export trade through the formulation of policies, strategies and facilitation of international trade relations. The department is responsible for the integration of Zambia’s trade sector into the regional and multilateral trading systems through carefully negotiated trade agreements.
TRADE PERFORMANCE 2021 QUARTERLY TRADE BY EXPORTS, IMPORTS, TE's AND NTE's (K' MILLION)
The total exports in 2021 were valued at k219.7 billion compared to k145.02 billion recorded in 2020, representing an increase of 51.5% Imports were valued at k139.7 billion in 2021 compared to k96.87 billion in 2020, representing an increase in imports of 44.2% and translating into trade surplus of k80 billion in 2021compared to k45.15 billion recorded in 2020.
2021 TOP 10 NTES IN MILLION ZMW/USD
Non-Traditional Exports (NTEs) were valued at K53.12 billion in 2021 compared to k35.55 billion in 2020 representing an increase of 49.4% The trend for Traditional Exports (TE's) was the same with total exports recording an increase of 60% from k166.35 billion in 2021 compared to k109.47 billion in 2020
2021 QUARTERLY TOTAL EXPORTS BY SELECTED REGIONAL GROUPINGS IN (K' MILLION)
.The major regional export destination for Zambian products was Asia which accounted for 34.7% of the total export earnings, an increase from 31.7% recorded in 2020 SADC region was the second main destination of Zambia's exports accounting for 17.8% showing a decrease from 19.7% recorded in 2020. COMESA and EU were third and fourth accounting for 13.9% and 3.5% respectively.
2021 QUARTERLY TOTAL IMPORTS BY SELECTED REGIONAL GROUPINGS IN (K'MILLION)
SADC region was the major source of Zambia's imports accounting for 47.3% of total imports earnings in 2021 Asia was the second source of Zambia's imports accounting for 35.2%. COMESA and EU were third and fourth accounting for 13.2% and 7.6% respectively.