Economic and Political Overview

Zambia: Economic and Political Overview

In this page: Economic Indicators | Foreign Trade in Figures | Sources of General Economic Information | Political Outline | COVID-19 Country Response

Economic Indicators

For the latest updates on the key economic responses from governments to address the economic impact of the COVID-19 pandemic, please consult the IMF's policy tracking platform Policy Responses to COVID-19.

The economy of Zambia, the second-largest copper producer in Africa after the Democratic Republic of the Congo, is highly dependent on copper prices, which generate three-quarters of export earnings. The country's growth has slowed in recent years, due to the fall in the price of copper, but also to the consequences of the drought on agricultural and hydroelectric production, as well as the pandemic - which brought on the first recession recorded in the country since 1989. However, the economy resumed growing in 2021, when the country recorded a GDP growth of 1%, mainly thanks to high copper prices, the commissioning of the Kafue Gorge Lower hydroelectric plant, and a return to normal rainfall patterns. In 2022 and 2023, growth is expected to remain stable at 1.1% and 1.3%, respectively, with private consumption being its main driver.

In 2021, government deficit decreased thanks to higher mining revenues and a record dividend payment from the central bank, which put general government at the rate of 101%. Still, debt remain substantial in 2021 mainly due to increased government spending - including on fuel, agricultural input subsidies, and election-related spending. In 2022, however, the debt-to-GDP ratio is expected to slightly increase to 106.8%, and continue that upward trend in 2023, when it is expected to reach 109.2%. The country recorded an inflation rate of 22.8% in 2022, and it is expected to decrease to 19.2% in 2022 and 13% in 2023, on a continued downward trend toward the 6%-8% target range established by the central bank. With the easing of inflationary pressures, household incomes should benefit in 2022, boosting consumption. Underlying this projection is the positive impact of higher copper prices mainly through the exchange rate. In 2021, the government continued implementing various supportive measures to minimise the economic and social impact of the pandemic. Despite the efforts to contain the economic impact of the pandemic and ensure a quick recovery, the country's economic rebound has been slow but steady.

While Zambia achieved lower middle-income status in 2011, after a decade of strong growth, widespread and extreme rural poverty (half of Zambians still live in poverty) remains a significant problem and is compounded by a rate high birth rate and a relatively high burden of HIV/AIDS (one in eight Zambians has the virus). The coronavirus crisis has potentially affected 8 million people. The decision of the government not to subside the price of electricity to ease the burden on companies during the pandemic will have an impact on employment in the country. In 2020, the unemployment rate in the country was at 12.8% (ILO Estimate), with youth unemployment being particularly high, leading more young people in Zambia venture in businesses to counter unemployment.

Main Indicators	2020	2021 (e)	2022 (e)	2023 (e)	2024 (e)
GDP (billions USD)	18.11	21.31	27.03	28.80	30.97
GDP (Constant Prices, Annual % Change)	-2.8	4.6	2.9	4.0	4.2
GDP per Capita (USD)	959e	1	1	1	1
General Government Gross Debt (in % of GDP)	140.2	119.1	0.0	0.0	0.0
Inflation Rate (%)	15.7	22.0	12.5	9.6	7.7
Current Account (billions USD)	2.18	1.62	-0.48	-1.06	-0.22
Current Account (in % of GDP)	12.0	7.6	-1.8	-3.7	-0.7

Source: IMF – World Economic Outlook Database , Latest available data

Note: (e) Estimated Data

Main Sectors of Industry

The agricultural sector is the backbone of the Zambian economy: although the sector represents only 2.9% of the country's GDP, it employs 49.6% of the workforce (World Bank). Zambia spans 75 million hectares, of which 58% is classified as medium to high potential for agriculture production; however, agriculture in Zambia remains largely underexploited, with only 15% of its potential arable land under cultivation. The sector's low contribution to GDP is attributable to poor rural infrastructure and an extreme vulnerability to drought. Zambia's agricultural sector focuses mainly on crop-farming (maize, cotton, soybeans, tobacco, groundnuts, paprika, sorghum, wheat, rice, sunflower seeds) and livestock production. The country is also one of the biggest seed exporters in Africa. In 2021, despite the ongoing pandemic, there was a considerable growth in agriculture, mainly helped by good whether outturn, which shows positive prospects not only for the country's economy as a whole, but also for the rural population in particular.

The industrial sector is estimated to account for 40.2% of GDP and 10.5% of employment, mostly thanks to the mining, construction and manufacturing sub-sectors. Major industries of Zambia include copper mining and processing, construction, emerald mining, beverages, food, textiles, chemicals, fertiliser and horticulture. Growth in the manufacturing industry is largely driven by the agro-processing of food and beverages as well as the textiles and leather sub-sectors. However, dependency on copper which is the country’s main export makes Zambia vulnerable to fluctuations in the world commodities prices. While the country's industry sector, especially mining, was negatively impacted during the early stages of the pandemic, high copper prices and the reintroduction of measures allowing mining royalties to be deducted from corporate income tax have supported investment in the mining sector, which showed a significant recovery in 2021. In 2022, the development of the manufacturing sector should benefit from further tax breaks for export-oriented investments, as well as the reduction of the corporate tax rate from 35% to 30%.

Services play a major role in the Zambian economy. They represent 53.6% of GDP, and employ 39.8% of the total workforce. The tertiary sector includes a large wholesale and retail industry. Tourism is also growing and has a positive ripple effect on the transport and hotel sectors. Even though COVID-19 dampened the growth of tourism the country was experiencing, 2021 saw a slight recovery in the sector, a trend which is expected to continue in the coming years.

Breakdown of Economic Activity By Sector	Agriculture	Industry	Services
Employment By Sector (in % of Total Employment)	49.6	10.5	39.8
Value Added (in % of GDP)	2.7	42.7	48.3
Value Added (Annual % Change)	17.2	0.6	-6.2

Source: World Bank - Latest available data.

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Monetary Indicators	2016	2017	2018	2019	2020
Zambian Kwacha (ZMW) - Average Annual Exchange Rate For 1 MUR	0.29	0.28	0.31	0.36	0.47

Source: World Bank - Latest available data.

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Indicator of Economic Freedom

Definition

Definition:

The Economic freedom index measure ten components of economic freedom, grouped into four broad categories or pillars of economic freedom: Rule of Law (property rights, freedom from corruption); Limited Government (fiscal freedom, government spending); Regulatory Efficiency (business freedom, labour freedom, monetary freedom); and Open Markets (trade freedom, investment freedom, financial freedom). Each of the freedoms within these four broad categories is individually scored on a scale of 0 to 100. A country’s overall economic freedom score is a simple average of its scores on the 10 individual freedoms.

Score:: 50,4/100
World Rank:: 159
Regional Rank:: 39

Economic freedom in the world (interactive map)
Source: Index of Economic Freedom, Heritage Foundation

Country Risk

See the country risk analysis provided by Coface.

Foreign Trade in Figures

Zambia is open to foreign trade, which accounts for 68.8% of the country's GDP (World Bank, 2019). Zambia's trade policy aims to diversify its economy through privatization programs and the expansion of its export base. The country mainly exports copper (74.4%), cement (1.6%), tobacco (1.4%), electrical energy (1.4%), and sulphuric acid (1.2%). As for the country's main imports, they include mineral or chemical fertilizers (7.6%), petroleum oils (8.7%), medicaments (3.9%), and motor vehiacles (2.4%).

The country is a member of COMESA and has signed Interim Economic Partnership Agreements (Interim EPAs) with the European Commission. The country became a member of the WTO in 1995. Customs duties are high, but the country has few non-tariff trade barriers. Certain products such as crude oil, medical supplies, and fertilizers are exempt from import duties. However, irregularities in the tax system and high transportation costs are real trade barriers. Zambian products are oriented towards Switzerland, China, the Democratic Republic of Congo, Singapore, and South Africa, while the country mainly imports from South Africa, China, the United Arab Emirates, India, and the United States.

Zambia's trade balance has been experiencing a structural surplus in recent years. In 2020, exports of goods amounted to USD 7.8 billion, while imports reached USD 5.3 billion, resulting in a trade balance of USD 3.2 billion. As for services, exports reached USD 554 million, while imports amounted to USD 1.1 billion, amounting to a trade balance of USD 2.6 billion (WTO).

Foreign Trade Indicators	2016	2017	2018	2019	2020
Imports of Goods (million USD)	7,045	7,983	9,466	7,180	5,323
Exports of Goods (million USD)	5,801	8,007	9,034	7,047	7,819
Imports of Services (million USD)	1,393	1,467	1,616	1,474	1,150
Exports of Services (million USD)	885	865	953	1,012	554
Imports of Goods and Services (in % of GDP)	38.6	36.6	36.9	34.2	n/a
Exports of Goods and Services (in % of GDP)	35.3	35.0	38.0	34.6	n/a
Trade Balance (million USD)	-4	960	514	744	3,221
Trade Balance (Including Service) (million USD)	-512	351	-210	222	2,623
Foreign Trade (in % of GDP)	74.0	71.6	74.9	68.8	n/a

Source: WTO – World Trade Organisation ; World Bank , Latest Available Data

Main Partner Countries

Main Customers (% of Exports)	2020
Switzerland	44.3%
China	18.7%
Democratic Republic of Congo	12.4%
Singapore	11.6%
South Africa	2.6%
Malawi	1.3%
Luxembourg	1.3%
Zimbabwe	1.3%
Namibia	0.8%
Tanzania	0.7%
Hong Kong SAR, China	0.7%
Kenya	0.5%
India	0.5%
Burundi	0.3%
Botswana	0.3%
United States	0.3%
United Arab Emirates	0.3%
Italy	0.3%
Mozambique	0.2%
Germany	0.2%
See More Countries	10.4%

Main Suppliers (% of Imports)	2020
South Africa	33.2%
China	16.8%
United Arab Emirates	8.8%
India	5.4%
United States	2.2%
Japan	2.1%
Mauritius	2.1%
United Kingdom	1.8%
Namibia	1.6%
Tanzania	1.4%
Seychelles	1.4%
Democratic Republic of Congo	1.3%
Germany	1.3%
Netherlands	1.2%
Zimbabwe	1.2%
Hong Kong SAR, China	1.0%
Mozambique	0.9%
Finland	0.9%
Kenya	0.9%
Ireland	0.9%
See More Countries	33.6%

Source: Comtrade, Latest Available Data

Main Products

7.8 bn USD of products exported in 2020
Copper, unrefined; copper anodes for electrolytic...Copper, unrefined; copper anodes for electrolytic refining	53.9%
Copper, refined, and copper alloys, unwrought ...Copper, refined, and copper alloys, unwrought (excl. copper alloys of heading 7405)	18.2%
Copper ores and concentratesCopper ores and concentrates	2.3%
Cement, incl. cement clinkers, whether or not...Cement, incl. cement clinkers, whether or not coloured	1.6%
Unmanufactured tobacco; tobacco refuseUnmanufactured tobacco; tobacco refuse	1.4%
Electrical energyElectrical energy	1.4%
Sulphuric acid; oleumSulphuric acid; oleum	1.2%
Cane or beet sugar and chemically pure sucrose, in...Cane or beet sugar and chemically pure sucrose, in solid form	1.1%
Waters, incl. mineral waters and aerated waters,...Waters, incl. mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured, and other non-alcoholic beverages (excl. fruit or vegetable juices and milk)	1.1%
Precious stones and semi-precious stones, whether...Precious stones and semi-precious stones, whether or not worked or graded, but not strung, mounted or set, ungraded precious stones and semi-precious stones, temporarily strung for convenience of transport (excl. diamonds and imitation precious stones and semi-precious stones)	0.9%
Gold, incl. gold plated with platinum, unwrought...Gold, incl. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form	0.9%
Quicklime, slaked lime and hydraulic lime (excl....Quicklime, slaked lime and hydraulic lime (excl. pure calcium oxide and calcium hydroxide)	0.9%
Master alloys of copper (excl. phosphorus-copper...Master alloys of copper (excl. phosphorus-copper compounds "copper phosphide" containing by weight > 15% phosphorus)	0.8%
Organic surface-active agents (excl. soap);...Organic surface-active agents (excl. soap); surface-active preparations, washing preparations, incl. auxiliary washing preparations, and cleaning preparations, whether or not containing soap (excl. those of heading 3401)	0.8%
Sulphur of all kinds (excl. sublimed sulphur,...Sulphur of all kinds (excl. sublimed sulphur, precipitated sulphur and colloidal sulphur)	0.7%
Ferro-alloysFerro-alloys	0.7%
Copper wire (excl. surgical sutures, stranded wire...Copper wire (excl. surgical sutures, stranded wire, cables, plaited bands and the like and other articles of heading 7413, electrically insulated wires and strings for musical instruments)	0.6%
Nickel ores and concentratesNickel ores and concentrates	0.6%
Maize or cornMaize or corn	0.5%
Oilcake and other solid residues, whether or not...Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil	0.4%
Bread, pastry, cakes, biscuits and other bakers'...Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products	0.4%
Prepared binders for foundry moulds or cores;...Prepared binders for foundry moulds or cores; chemical products and preparations for the chemical or allied industries, incl. mixtures of natural products, n.e.s.	0.4%
Sugar confectionery not containing cocoa, incl....Sugar confectionery not containing cocoa, incl. white chocolate	0.3%
Motor vehicles for the transport of goods, incl....Motor vehicles for the transport of goods, incl. chassis with engine and cab	0.3%
Self-propelled bulldozers, angledozers, graders,...Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and roadrollers	0.3%
Bars and rods, of iron or non-alloy steel, not...Bars and rods, of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but incl. those twisted after rolling (excl. in irregularly wound coils)	0.2%
Cotton, neither carded nor combedCotton, neither carded nor combed	0.2%
Mineral or chemical nitrogenous fertilisers (excl....Mineral or chemical nitrogenous fertilisers (excl. those in pellet or similar forms, or in packages with a gross weight of <= 10 kg)	0.2%
Prepared explosives (excl. propellent powders)Prepared explosives (excl. propellent powders)	0.2%
Wood sawn or chipped lengthwise, sliced or peeled,...Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness of > 6 mm	0.2%
Waste and scrap of precious metal or of metal clad...Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious-metal compounds, of a kind used principally for the recovery of precious metal (excl. waste and scrap melted down into unworked blocks, ingots, or similar forms)	0.2%
Cereal groats, meal and pelletsCereal groats, meal and pellets	0.2%
Articles of stone or of other mineral substances,...Articles of stone or of other mineral substances, incl. carbon fibres, articles of carbon fibres and articles of peat, n.e.s.	0.2%
Prepared foods obtained by the swelling or...Prepared foods obtained by the swelling or roasting of cereals or cereal products, e.g. corn flakes; cereals (other than maize "corn") in grain form or in the form of flakes or other worked grains (except flour, groats and meal), pre-cooked or otherwise prepared, n.e.s.	0.2%
Insulated "incl. enamelled or anodised" wire,...Insulated "incl. enamelled or anodised" wire, cable "incl. coaxial cable" and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors	0.2%
Parts suitable for use solely or principally with...Parts suitable for use solely or principally with the machinery of heading 8425 to 8430, n.e.s.	0.2%
Meat and edible offal of fowls of the species...Meat and edible offal of fowls of the species gallus domesticus, ducks, geese, turkeys and guinea fowls, fresh, chilled or frozen	0.2%
Flours and meals of oil seeds or oleaginous fruits...Flours and meals of oil seeds or oleaginous fruits (excl. mustard)	0.1%
Unwrought lead :Unwrought lead :	0.1%
Cobalt mattes and other intermediate products of...Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, n.e.s.; cobalt waste and scrap (excl. ash and residues containing cobalt)	0.1%
Vegetable products, n.e.s.Vegetable products, n.e.s.	0.1%
Pumps for liquids, whether or not fitted with a...Pumps for liquids, whether or not fitted with a measuring device (excl. ceramic pumps and secretion aspirating pumps for medical use and medical pumps carried on or implanted in the body); liquid elevators (excl. pumps); parts thereof	0.1%
Manganese ores and concentrates, incl. ferruginous...Manganese ores and concentrates, incl. ferruginous manganese ores and concentrates, with a manganese content of >= 20%, calculated on the dry weight	0.1%
Soap; organic surface-active products and...Soap; organic surface-active products and preparations for use as soap, in the form of bars, cakes, moulded pieces or shapes, whether or not containing soap; organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap; paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent	0.1%
Acrylic polymers, in primary formsAcrylic polymers, in primary forms	0.1%
Animal or vegetable fats and oils and their...Animal or vegetable fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared	0.1%
Articles of iron or steel, n.e.s. (excl. cast...Articles of iron or steel, n.e.s. (excl. cast articles)	0.1%
Buttermilk, curdled milk and cream, yogurt, kephir...Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or flavoured or containing added sugar or other sweetening matter, fruits, nuts or cocoa	0.1%
Machinery for sorting, screening, separating,...Machinery for sorting, screening, separating, washing, crushing, grinding, mixing or kneading earth, stone, ores or other mineral substances, in solid, incl. powder or paste, form; machinery for agglomerating, shaping or moulding solid mineral fuels, ceramic paste, unhardened cements, plastering materials or other mineral products in powder or paste form; machines for forming foundry moulds of sand; parts thereof	0.1%
See More Products	22.6%

5.3 bn USD of products imported in 2020
Mineral or chemical fertilisers containing two or...Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers (excl. pure animal or vegetable fertilisers or mineral or chemical nitrogenous, phosphatic or potassic fertilisers); animal, vegetable, mineral or chemical fertilisers in tablets or similar forms or in packages of a gross weight of <= 10 kg	4.6%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude	4.4%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals	4.3%
Medicaments consisting of mixed or unmixed...Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses "incl. those in the form of transdermal administration" or in forms or packings for retail sale (excl. goods of heading 3002, 3005 or 3006)	3.9%
Mineral or chemical nitrogenous fertilisers (excl....Mineral or chemical nitrogenous fertilisers (excl. those in pellet or similar forms, or in packages with a gross weight of <= 10 kg)	3.0%
Motor vehicles for the transport of goods, incl....Motor vehicles for the transport of goods, incl. chassis with engine and cab	2.4%
Tractors (other than tractors of heading 8709)Tractors (other than tractors of heading 8709)	1.7%
New pneumatic tyres, of rubberNew pneumatic tyres, of rubber	1.7%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702)	1.6%
Frozen fish (excl. fish fillets and other fish...Frozen fish (excl. fish fillets and other fish meat of heading 0304)	1.5%
Parts suitable for use solely or principally with...Parts suitable for use solely or principally with the machinery of heading 8425 to 8430, n.e.s.	1.5%
Telephone sets, incl. telephones for cellular...Telephone sets, incl. telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, incl. apparatus for communication in a wired or wireless network [such as a local or wide area network]; parts thereof (excl. than transmission or reception apparatus of heading 8443, 8525, 8527 or 8528)	1.4%
Diagnostic or laboratory reagents on a backing,...Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on a backing, and certified reference materials (excl. compound diagnostic reagents designed to be administered to the patient, blood-grouping reagents, animal blood prepared for therapeutic, prophylactic or diagnostic uses and vaccines, toxins, cultures of micro-organisms and similar products)	1.4%
Insecticides, rodenticides, fungicides, herbicides...Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up for retail sale or as preparations or articles, e.g. sulphur-treated bands, wicks and candles, and fly-papers	1.4%
Machinery for sorting, screening, separating,...Machinery for sorting, screening, separating, washing, crushing, grinding, mixing or kneading earth, stone, ores or other mineral substances, in solid, incl. powder or paste, form; machinery for agglomerating, shaping or moulding solid mineral fuels, ceramic paste, unhardened cements, plastering materials or other mineral products in powder or paste form; machines for forming foundry moulds of sand; parts thereof	1.4%
Sulphur of all kinds (excl. sublimed sulphur,...Sulphur of all kinds (excl. sublimed sulphur, precipitated sulphur and colloidal sulphur)	1.4%
Prepared binders for foundry moulds or cores;...Prepared binders for foundry moulds or cores; chemical products and preparations for the chemical or allied industries, incl. mixtures of natural products, n.e.s.	1.3%
Copper ores and concentratesCopper ores and concentrates	1.2%
Polymers of ethylene, in primary formsPolymers of ethylene, in primary forms	1.1%
Self-propelled bulldozers, angledozers, graders,...Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and roadrollers	1.1%
Pumps for liquids, whether or not fitted with a...Pumps for liquids, whether or not fitted with a measuring device (excl. ceramic pumps and secretion aspirating pumps for medical use and medical pumps carried on or implanted in the body); liquid elevators (excl. pumps); parts thereof	1.1%
Automatic data-processing machines and units...Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.	1.0%
Palm oil and its fractions, whether or not refined...Palm oil and its fractions, whether or not refined (excl. chemically modified)	1.0%
Trailers and semi-trailers; other vehicles, not...Trailers and semi-trailers; other vehicles, not mechanically propelled (excl. railway and tramway vehicles); parts thereof, n.e.s.	0.9%
Military weapons, incl. sub-machine guns (excl....Military weapons, incl. sub-machine guns (excl. revolvers and pistols of heading 9302 and cutting and thrusting weapons of heading 9307)	0.9%
Parts and accessories for tractors, motor vehicles...Parts and accessories for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles of heading 8701 to 8705, n.e.s.	0.9%
Human blood; animal blood prepared for therapeutic...Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and immunological products, whether or not modified or obtained by means of biotechnological processes; vaccines, toxins, cultures of micro-organisms (excl. yeasts) and similar products	0.8%
Structures and parts of structures "e.g., bridges...Structures and parts of structures "e.g., bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns", of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel (excl. prefabricated buildings of heading 9406)	0.8%
Instruments and appliances used in medical,...Instruments and appliances used in medical, surgical, dental or veterinary sciences, incl. scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments, n.e.s.	0.8%
Flat-rolled products of iron or non-alloy steel,...Flat-rolled products of iron or non-alloy steel, of a width >= 600 mm, hot-rolled, not clad, plated or coated	0.8%
Other bars and rods of alloy steel other than...Other bars and rods of alloy steel other than stainless, angles, shapes and sections of alloy steel other than stainless, n.e.s.; hollow drill bars and rods, of alloy or non-alloy steel	0.7%
Made-up articles of textile materials, incl. dress...Made-up articles of textile materials, incl. dress patterns, n.e.s.	0.7%
Polymers of propylene or of other olefins, in...Polymers of propylene or of other olefins, in primary forms	0.7%
Tubes, pipes and hoses, and fittings therefor, e.g...Tubes, pipes and hoses, and fittings therefor, e.g. joints, elbows, flanges, of plastics	0.7%
Soya-bean oil and its fractions, whether or not...Soya-bean oil and its fractions, whether or not refined (excl. chemically modified)	0.7%
Garments made up of felt or nonwovens, whether or...Garments made up of felt or nonwovens, whether or not impregnated, coated, covered or laminated; garments of textile fabrics, rubberised or impregnated, coated, covered or laminated with plastics or other substances (excl. knitted or crocheted, and babies' garments and clothing accessories)	0.6%
Transmission shafts, incl. camshafts and...Transmission shafts, incl. camshafts and crankshafts, and cranks; bearing housings and plain shaft bearings for machines; gears and gearing; ball or roller screws, gear boxes and other speed changers, incl. torque converters; flywheels and pulleys, incl. pulley blocks, clutches and shaft couplings, incl. universal joints; parts thereof	0.6%
Machines for cleaning, sorting or grading seed,...Machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables; machinery used in the milling industry or for the working of cereals or dried leguminous vegetables (excl. farm-type machinery, heat treatment equipment, centrifugal dryers and air filters); parts thereof	0.6%
Machines and mechanical appliances having...Machines and mechanical appliances having individual functions, not specified or included elsewhere in this chapter; parts thereof	0.6%
Plates, sheets, film, foil and strip, of...Plates, sheets, film, foil and strip, of non-cellular plastics, not reinforced, laminated, supported or similarly combined with other materials, without backing, unworked or merely surface-worked or merely cut into squares or rectangles (excl. self-adhesive products, and floor, wall and ceiling coverings of heading 3918)	0.6%
Petroleum coke, petroleum bitumen and other...Petroleum coke, petroleum bitumen and other residues of petroleum oil or of oil obtained from bituminous minerals, n.e.s.	0.6%
Refrigerators, freezers and other refrigerating or...Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps; parts thereof (excl. air conditioning machines of heading 8415)	0.5%
Centrifuges, incl. centrifugal dryers (excl. those...Centrifuges, incl. centrifugal dryers (excl. those for isotope separation); filtering or purifying machinery and apparatus, for liquids or gases; parts thereof (excl. artificial kidneys)	0.5%
Mixtures of odoriferous substances and mixtures,...Mixtures of odoriferous substances and mixtures, incl. alcoholic solutions, based on one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages	0.5%
Sulphonated, nitrated or nitrosated derivatives of...Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated	0.5%
Electrical transformers, static converters, e.g....Electrical transformers, static converters, e.g. rectifiers, and inductors; parts thereof	0.5%
Insulated "incl. enamelled or anodised" wire,...Insulated "incl. enamelled or anodised" wire, cable "incl. coaxial cable" and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors	0.5%
Acrylic polymers, in primary formsAcrylic polymers, in primary forms	0.4%
Compression-ignition internal combustion piston...Compression-ignition internal combustion piston engine "diesel or semi-diesel engine"	0.4%
Meat and edible offal of fowls of the species...Meat and edible offal of fowls of the species gallus domesticus, ducks, geese, turkeys and guinea fowls, fresh, chilled or frozen	0.4%
Beer made from maltBeer made from malt	0.4%
Articles for the conveyance or packaging of goods,...Articles for the conveyance or packaging of goods, of plastics; stoppers, lids, caps and other closures, of plastics	0.4%
Polyacetals, other polyethers and epoxide resins,...Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms	0.4%
Taps, cocks, valves and similar appliances for...Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, incl. pressure-reducing valves and thermostatically controlled valves; parts thereof	0.4%
Flat-rolled products of iron or non-alloy steel,...Flat-rolled products of iron or non-alloy steel, of a width >= 600 mm, hot-rolled or cold-rolled "cold-reduced", clad, plated or coated	0.4%
RiceRice	0.4%
Printing machinery used for printing by means of...Printing machinery used for printing by means of plates, cylinders and other printing components of heading 8442 (excl. hectograph or stencil duplicating machines, addressing machines and other office printing machines of heading 8469 to 8472); other printers, copying machines and facsimile machines, whether or not combined; parts thereof	0.4%
Organic surface-active agents (excl. soap);...Organic surface-active agents (excl. soap); surface-active preparations, washing preparations, incl. auxiliary washing preparations, and cleaning preparations, whether or not containing soap (excl. those of heading 3401)	0.4%
Articles for interior furnishing, of all types of...Articles for interior furnishing, of all types of textile materials (excl. blankets and travelling rugs, bedlinen, table linen, toilet linen, kitchen linen, curtains, incl. drapes, interior blinds, curtain or bed valances, lampshades and articles of heading 9404)	0.4%
Flat-rolled products of iron or non-alloy steel,...Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, cold-rolled "cold-reduced", not clad, plated or coated	0.4%
Electric accumulators, incl. separators therefor,...Electric accumulators, incl. separators therefor, whether or not square or rectangular; parts thereof (excl. spent and those of unhardened rubber or textiles)	0.3%
Clasps, frames with clasps, buckles, buckle-clasps...Clasps, frames with clasps, buckles, buckle-clasps, hooks, eyes, eyelets and the like, of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made-up articles, tubular or bifurcated rivets, of base metal; beads and spangles of base metal	0.3%
Monitors and projectors, not incorporating...Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus	0.3%
Preparations of a kind used in animal feedingPreparations of a kind used in animal feeding	0.3%
Food preparations, n.e.s.Food preparations, n.e.s.	0.3%
Machinery, not specified or included elsewhere in...Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink (other than machinery for the extraction or preparation of animal or fixed vegetable fats or oils); parts thereof	0.3%
Articles of plastics and articles of other...Articles of plastics and articles of other materials of heading 3901 to 3914, n.e.s.	0.3%
Dishwashing machines; machinery for cleaning or...Dishwashing machines; machinery for cleaning or drying bottles or other containers; machinery for filling, closing, sealing or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; other packing or wrapping machinery, incl. heat-shrink wrapping machinery; machinery for aerating beverages; parts thereof	0.3%
Furniture and parts thereof, n.e.s. (excl. seats...Furniture and parts thereof, n.e.s. (excl. seats and medical, surgical, dental or veterinary furniture)	0.3%
Motor vehicles for the transport of >= 10 persons,...Motor vehicles for the transport of >= 10 persons, incl. driver	0.3%
Wheat and meslinWheat and meslin	0.3%
Safety fuses; detonating fuses; percussion or...Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators (excl. grenade detonators and cartridge cases, whether or not with percussion caps)	0.3%
Screws, bolts, nuts, coach screws, screw hooks,...Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers, incl. spring washers, and similar articles, of iron or steel (excl. lag screws, stoppers, plugs and the like, threaded)	0.3%
Sacks and bags, of a kind used for the packing of...Sacks and bags, of a kind used for the packing of goods, of all types of textile materials	0.3%
Sanitary towels (pads) and tampons, napkins and...Sanitary towels (pads) and tampons, napkins and napkin liners for babies, and similar articles, of any material	0.3%
Machinery for working rubber or plastics or for...Machinery for working rubber or plastics or for the manufacture of products from these materials, not specified or included elsewhere in this chapter, parts thereof	0.3%
Angles, shapes and sections of iron or non-alloy...Angles, shapes and sections of iron or non-alloy steel, n.e.s.	0.3%
Natural magnesium carbonate "magnesite"; fused...Natural magnesium carbonate "magnesite"; fused magnesia; dead-burned "sintered" magnesia, whether or not containing small quantities of other oxides added before sintering; other magnesium oxide, whether or not pure	0.3%
Nitrites; nitratesNitrites; nitrates	0.3%
Boards, panels, consoles, desks, cabinets and...Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 8535 or 8536, for electric control or the distribution of electricity, incl. those incorporating instruments or apparatus of chapter 90, and numerical control apparatus (excl. switching apparatus for line telephony or line telegraphy)	0.3%
Mechanical appliances, whether or not...Mechanical appliances, whether or not hand-operated, for projecting, dispersing or spraying liquids or powders, n.e.s.; fire extinguishers, charged or not (excl. fire-extinguishing bombs and grenades); spray guns and similar appliances (excl. electric machines and apparatus for hot spraying of metals or sintered metal carbides of heading 8515); steam or sand blasting machines and similar jet projecting machines; parts thereof, n.e.s.	0.3%
Salts, incl. table salt and denatured salt, and...Salts, incl. table salt and denatured salt, and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents; sea water	0.2%
Air or vacuum pumps (excl. gas compound elevators...Air or vacuum pumps (excl. gas compound elevators and pneumatic elevators and conveyors); air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters; parts thereof	0.2%
Malt extract; food preparations of flour, groats,...Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s.; food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir, and similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s.	0.2%
Worn clothing and clothing accessories, blankets...Worn clothing and clothing accessories, blankets and travelling rugs, household linen and articles for interior furnishing, of all types of textile materials, incl. all types of footwear and headgear, showing signs of appreciable wear and presented in bulk or in bales, sacks or similar packings (excl. carpets, other floor coverings and tapestries)	0.2%
Soap; organic surface-active products and...Soap; organic surface-active products and preparations for use as soap, in the form of bars, cakes, moulded pieces or shapes, whether or not containing soap; organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap; paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent	0.2%
Articles of vulcanised rubber (excl. hard rubber),...Articles of vulcanised rubber (excl. hard rubber), n.e.s.	0.2%
Paper, paperboard, cellulose wadding and webs of...Paper, paperboard, cellulose wadding and webs of cellulose fibres, coated, impregnated, covered, surface-coloured, surface-decorated or printed, in rolls or in square or rectangular sheets, of any size (excl. goods of heading 4803, 4809 and 4810)	0.2%
Unused postage, revenue or similar stamps of...Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title	0.2%
Polymers of vinyl chloride or of other halogenated...Polymers of vinyl chloride or of other halogenated olefins, in primary forms	0.2%
Moving, grading, levelling, scraping, excavating,...Moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowploughs and snowblowers (excl. those mounted on railway wagons, motor vehicle chassis or lorries, self-propelled machinery of heading 8429, lifting, handling, loading or unloading machinery of heading 8425 to 8428 and hand-operated tools)	0.2%
Electrical apparatus for switching or protecting...Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits, e.g., switches, relays, fuses, surge suppressors, plugs, sockets, lamp holders and junction boxes, for a voltage <= 1.000 v (excl. control desks, cabinets, panels etc. of heading 8537)	0.2%
Casks, drums, cans, boxes and similar containers,...Casks, drums, cans, boxes and similar containers, incl. rigid or collapsible tubular containers, of aluminium, for any material (other than compressed or liquefied gas), of a capacity of <= 300 l, not fitted with mechanical or thermal equipment, whether or not lined or heat-insulated, n.e.s.	0.2%
Sulphates; alums; peroxosulphates "persulphates"Sulphates; alums; peroxosulphates "persulphates"	0.2%
Electric sound or visual signalling apparatus, e.g...Electric sound or visual signalling apparatus, e.g. bells, sirens, indicator panels, burglar or fire alarms (excl. those for cycles, motor vehicles and traffic signalling); parts thereof	0.2%
Parts suitable for use solely or principally with...Parts suitable for use solely or principally with internal combustion piston engine of heading 8407 or 8408	0.2%
Articles of iron or steel, n.e.s. (excl. cast...Articles of iron or steel, n.e.s. (excl. cast articles)	0.2%
Slag and ash, incl. seaweed ash "kelp"; ash and...Slag and ash, incl. seaweed ash "kelp"; ash and residues from the incineration of municipal waste (excl. slag, incl. granulated, from the manufacture of iron or steel and ashes and residues containing arsenic, metals or metal compounds)	0.2%
Other paper and paperboard, uncoated, in rolls of...Other paper and paperboard, uncoated, in rolls of a width > 36 cm or in square or rectangular sheets with one side > 36 cm and the other side > 15 cm in the unfolded state, not worked other than as specified in note 3 to this chapter, n.e.s.	0.2%
Special purpose motor vehicles (other than those...Special purpose motor vehicles (other than those principally designed for the transport of persons or goods), e.g. breakdown lorries, crane lorries, fire fighting vehicles, concrete-mixer lorries, road sweeper lorries, spraying lorries, mobile workshops and mobile radiological units	0.2%
Uncoated paper and paperboard, of a kind used for...Uncoated paper and paperboard, of a kind used for writing, printing or other graphic purposes, and non-perforated punchcards and punch-tape paper, in rolls or in square or rectangular sheets, of any size, and handmade paper and paperboard (excl. newsprint of heading 4801 and paper of heading 4803)	0.2%
Articles of iron or steel, cast, n.e.s.Articles of iron or steel, cast, n.e.s.	0.2%
Electric instantaneous or storage water heaters...Electric instantaneous or storage water heaters and immersion heaters; electric space-heating apparatus and soil-heating apparatus; electro-thermic hairdressing apparatus, e.g. hairdryers, hair curlers and curling tong heaters, and hand dryers; electric smoothing irons; other electro-thermic appliances of a kind used for domestic purposes; electric heating resistors (other than those of heading 8545); parts thereof	0.2%
Margarine, other edible mixtures or preparations...Margarine, other edible mixtures or preparations of animal or vegetable fats or oils and edible fractions of different fats or oils (excl. fats, oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared, and mixtures of olive oils and their fractions)	0.2%
Carboys, bottles, flasks, jars, pots, phials,...Carboys, bottles, flasks, jars, pots, phials, ampoules and other containers, of glass, of a kind used for the conveyance or packing of goods, preserving jars, stoppers, lids and other closures, of glass (excl. glass envelopes and containers, with vacuum insulation, perfume atomizers, flasks, bottles etc. for atomizers)	0.2%
Engines and motors (excl. steam turbines, internal...Engines and motors (excl. steam turbines, internal combustion piston engine, hydraulic turbines, water wheels, gas turbines and electric motors); parts thereof	0.2%
Tools, interchangeable, for hand tools, whether or...Tools, interchangeable, for hand tools, whether or not power-operated, or for machine tools "e.g. for pressing, stamping, punching, tapping, threading, drilling, boring, broaching, milling, turning or screw driving", incl. dies for drawing or extruding metal, and rock-drilling or earth-boring tools	0.2%
Cellulose and its chemical derivatives, n.e.s., in...Cellulose and its chemical derivatives, n.e.s., in primary forms	0.2%
Ball or roller bearings (excl. steel balls of...Ball or roller bearings (excl. steel balls of heading 7326); parts thereof	0.2%
Prefabricated buildings, whether or not complete...Prefabricated buildings, whether or not complete or already assembled	0.2%
Dithionites and sulfoxylatesDithionites and sulfoxylates	0.2%
Industrial or laboratory furnaces and ovens,...Industrial or laboratory furnaces and ovens, non-electric, incl. incinerators (excl. drying ovens and ovens for cracking operations)	0.2%
Milk and cream, concentrated or containing added...Milk and cream, concentrated or containing added sugar or other sweetening matter	0.2%
Coke and semi-coke of coal, of lignite or of peat,...Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon	0.2%
Organo-sulphur compoundsOrgano-sulphur compounds	0.2%
Sulphides; polysulphides, whether or not...Sulphides; polysulphides, whether or not chemically defined	0.2%
Electric generating sets and rotary convertersElectric generating sets and rotary converters	0.2%
Conveyor or transmission belts or belting, of...Conveyor or transmission belts or belting, of vulcanised rubber	0.2%
Tube or pipe fittings "e.g. couplings, elbows,...Tube or pipe fittings "e.g. couplings, elbows, sleeves", of iron or steel	0.2%
Cloth, incl. endless bands, grill, netting and...Cloth, incl. endless bands, grill, netting and fencing, of iron or steel wire, expanded metal of iron or steel (excl. woven products of metal fibres of a kind used for cladding, lining or similar purposes)	0.2%
Agricultural, horticultural or forestry machinery...Agricultural, horticultural or forestry machinery for soil preparation or cultivation (excl. sprayers and dusters); lawn or sports-ground rollers; parts thereof	0.2%
Halogenated derivatives of hydrocarbonsHalogenated derivatives of hydrocarbons	0.1%
Mineral or chemical potassic fertilisers (excl....Mineral or chemical potassic fertilisers (excl. those in tablets or similar forms, or in packages with a gross weight of <= 10 kg)	0.1%
Other sugars, incl. chemically pure lactose,...Other sugars, incl. chemically pure lactose, maltose, glucose and fructose, in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel	0.1%
Refractory bricks, blocks, tiles and similar...Refractory bricks, blocks, tiles and similar refractory ceramic constructional goods (excl. those of siliceous fossil meals or similar siliceous earths)	0.1%
Electric motors and generators (excl. generating...Electric motors and generators (excl. generating sets)	0.1%
Printed books, brochures and similar printed...Printed books, brochures and similar printed matter, whether or not in single sheets (excl. periodicals and publications which are essentially devoted to advertising)	0.1%
Cartons, boxes, cases, bags and other packing...Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibres, n.e.s.; box files, letter trays, and similar articles, of paperboard of a kind used in offices, shops or the like	0.1%
Tubes, pipes and hollow profiles "e.g., open seam...Tubes, pipes and hollow profiles "e.g., open seam or welded, riveted or similarly closed", of iron or steel (excl. of cast iron, seamless tubes and pipes and tubes having internal and external circular cross-sections and an external diameter of > 406,4 mm)	0.1%
Articles of apparel and clothing accessories, incl...Articles of apparel and clothing accessories, incl. gloves, mittens and mitts, for all purposes, of vulcanised rubber (excl. hard rubber and footwear and headgear and parts thereof)	0.1%
Synthetic filament tow as specified in note 1 to...Synthetic filament tow as specified in note 1 to chapter 55	0.1%
Sulphites; thiosulphatesSulphites; thiosulphates	0.1%
Fruit juices, incl. grape must, and vegetable...Fruit juices, incl. grape must, and vegetable juices, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter	0.1%
Instruments and apparatus for physical or chemical...Instruments and apparatus for physical or chemical analysis, e.g. polarimeters, refractometers, spectrometers, gas or smoke analysis apparatus; instruments and apparatus for measuring or checking viscosity, porosity, expansion, surface tension or the like; instruments and apparatus for measuring or checking quantities of heat, sound or light, incl. exposure meters; microtomes	0.1%
Phosphinates "hypophosphites", phosphonates ...Phosphinates "hypophosphites", phosphonates "phosphites" and phosphates; polyphosphates, whether or not chemically defined	0.1%
Beauty or make-up preparations and preparations...Beauty or make-up preparations and preparations for the care of the skin, incl. sunscreen or suntan preparations (excl. medicaments); manicure or pedicure preparations	0.1%
Lifting, handling, loading or unloading machinery,...Lifting, handling, loading or unloading machinery, e.g. lifts, escalators, conveyors, teleferics (excl. pulley tackle and hoists, winches and capstans, jacks, cranes of all kinds, mobile lifting frames and straddle carriers, works trucks fitted with a crane, fork-lift trucks and other works trucks fitted with lifting or handling equipment)	0.1%
Seats, whether or not convertible into beds, and...Seats, whether or not convertible into beds, and parts thereof, n.e.s. (excl. medical, surgical, dental or veterinary of heading 9402)	0.1%
Uncoated kraft paper and paperboard, in rolls of a...Uncoated kraft paper and paperboard, in rolls of a width > 36 cm or in square or rectangular sheets with one side > 36 cm and the other side > 15 cm in the unfolded state (excl. goods of heading 4802 or 4803)	0.1%
Machinery, plant or laboratory equipment whether...Machinery, plant or laboratory equipment whether or not electrically heated (excl. furnaces, ovens and other equipment of heading 8514), for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting, distilling, rectifying, sterilising, pasteurising, steaming, drying, evaporating, vaporising, condensing or cooling (excl. those used for domestic purposes); instantaneous or storage water heaters, non-electric; parts thereof	0.1%
Hydrometers, areometers and similar floating...Hydrometers, areometers and similar floating instruments, thermometers, pyrometers, barometers, hygrometers and psychrometers, recording or not, and any combination of these instruments	0.1%
Pharmaceutical preparations and products of...Pharmaceutical preparations and products of subheadings 3006.10.10 to 3006.60.90	0.1%
Stoves, ranges, grates, cookers, incl. those with...Stoves, ranges, grates, cookers, incl. those with subsidiary boilers for central heating, barbecues, braziers, gas rings, plate warmers and similar non-electric domestic appliances, and parts thereof of iron or steel (excl. boilers and radiators for central heating, geysers and hot water cylinders)	0.1%
Bread, pastry, cakes, biscuits and other bakers'...Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products	0.1%
Prepared explosives (excl. propellent powders)Prepared explosives (excl. propellent powders)	0.1%
Seeds, fruits and spores, for sowing (excl....Seeds, fruits and spores, for sowing (excl. leguminous vegetables and sweetcorn, coffee, tea, maté and spices, cereals, oil seeds and oleaginous fruits, and seeds and fruit used primarily in perfumery, medicaments or for insecticidal, fungicidal or similar purposes)	0.1%
Gas, liquid or electricity supply or production...Gas, liquid or electricity supply or production meters, incl. calibrating meters therefor	0.1%
Discs, tapes, solid-state non-volatile storage...Discs, tapes, solid-state non-volatile storage devices, "smart cards" and other media for the recording of sound or of other phenomena, whether or not recorded, incl. matrices and masters for the production of discs (excl. products of chapter 37)	0.1%
Lamps and lighting fittings, incl. searchlights...Lamps and lighting fittings, incl. searchlights and spotlights, and parts thereof, n.e.s; illuminated signs, illuminated nameplates and the like having a permanently fixed light source, and parts thereof, n.e.s.	0.1%
Hygienic or pharmaceutical articles, incl. teats,...Hygienic or pharmaceutical articles, incl. teats, of vulcanised rubber (excl. hard rubber), with or without fittings of hard rubber, n.e.s. (excl. articles of apparel and clothing accessories, incl. gloves, for all purposes)	0.1%
Measuring or checking instruments, appliances and...Measuring or checking instruments, appliances and machines not elsewhere specified in chapter 90; profile projectors	0.1%
Air conditioning machines comprising a...Air conditioning machines comprising a motor-driven fan and elements for changing the temperature and humidity, incl. those machines in which the humidity cannot be separately regulated; parts thereof	0.1%
Harvesting or threshing machinery, incl. straw or...Harvesting or threshing machinery, incl. straw or fodder balers; grass or hay mowers; machines for cleaning, sorting or grading eggs, fruit or other agricultural produce; parts thereof (other than machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables of heading 8437)	0.1%
Sauce and preparations therefor; mixed condiments...Sauce and preparations therefor; mixed condiments and mixed seasonings; mustard flour and meal, whether or not prepared, and mustard	0.1%
Tubes, pipes and hollow profiles, of cast ironTubes, pipes and hollow profiles, of cast iron	0.1%
Undenatured ethyl alcohol of an alcoholic strength...Undenatured ethyl alcohol of an alcoholic strength of >= 80%; ethyl alcohol and other spirits, denatured, of any strength	0.1%
Acyclic alcohols and their halogenated,...Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives	0.1%
Unglazed ceramic flags and paving, hearth or wall...Unglazed ceramic flags and paving, hearth or wall tiles; unglazed ceramic mosaic cubes and the like, whether or not on a backing (excl. of siliceous fossil meals or similar siliceous earths, refractory ceramic goods, tiles specially adapted as table mats, ornamental articles and tiles specifically manufactured for stoves)	0.1%
Ceramic building bricks, flooring blocks, support...Ceramic building bricks, flooring blocks, support or filler tiles and the like (excl. those of siliceous fossil meals or similar siliceous earths, refractory bricks of heading 6902, and flags and pavings, hearth and wall tiles of heading 6907 and 6908)	0.1%
Coal; briquettes, ovoids and similar solid fuels...Coal; briquettes, ovoids and similar solid fuels manufactured from coal	0.1%
Prepared or preserved fish; caviar and caviar...Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs	0.1%
Tubes, pipes and hoses, of vulcanised rubber other...Tubes, pipes and hoses, of vulcanised rubber other than hard rubber, with or without their fittings, e.g. joints, elbows, flanges	0.1%
Petroleum jelly, paraffin wax, micro- crystalline...Petroleum jelly, paraffin wax, micro- crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured	0.1%
Tubes, pipes and hollow profiles, seamless, of...Tubes, pipes and hollow profiles, seamless, of iron or steel (excl. products of cast iron)	0.1%
Gaskets and similar joints of metal sheeting...Gaskets and similar joints of metal sheeting combined with other material or of two or more layers of metal; sets or assortments of gaskets and similar joints, dissimilar in composition, put up in pouches, envelopes or similar packings; mechanical seals	0.1%
See More Products	79.9%

Source: Comtrade, Latest Available Data

To go further, check out our service Import Export Flows.

Main Services

0.9 bn USD of services exported in 2017
TravelTravel +	75.44%
Business travelBusiness travel	42.78%
OtherOther	42.78%
Personal travelPersonal travel	32.67%
OtherOther	32.67%
Insurance servicesInsurance services +	9.86%
ReinsuranceReinsurance	8.72%
TransportationTransportation	5.64%
Communications servicesCommunications services +	4.28%
Telecommunications servicesTelecommunications services	4.28%
Cultural and recreational servicesCultural and recreational services +	4.10%
Other personal, cultural, and...Other personal, cultural, and recreational services	4.10%
Other business servicesOther business services +	0.66%
Merchanting and other trade-related...Merchanting and other trade-related services	0.66%
Other trade-related servicesOther trade-related services	0.66%

1.5 bn USD of services imported in 2017
TransportationTransportation	58.95%
TravelTravel +	14.82%
Business travelBusiness travel	10.37%
Personal travelPersonal travel	4.44%
Insurance servicesInsurance services +	8.28%
ReinsuranceReinsurance	5.28%
Life insurance and pension fundingLife insurance and pension funding	0.03%
Government servicesGovernment services	3.86%
Other business servicesOther business services +	3.78%
Miscellaneous business,...Miscellaneous business, professional, and technical services	3.78%
Construction servicesConstruction services +	3.26%
Construction in the compiling...Construction in the compiling economy	3.26%
Communications servicesCommunications services +	3.04%
Telecommunications servicesTelecommunications services	3.04%
Financial servicesFinancial services	2.64%
Computer and information servicesComputer and information services	0.96%
Cultural and recreational servicesCultural and recreational services +	0.27%
Other personal, cultural, and...Other personal, cultural, and recreational services	0.27%
Royalties and license feesRoyalties and license fees	0.15%

Source: United Nations Statistics Division, Latest Available Data

Sources of General Economic Information

Ministries: Ministry of Finance
Ministry of Foreign Affairs
Ministry of Mines and Mineral Development
Ministry of Energy
Ministry of Agriculture
Ministry of Commerce, Trade and Industry
Ministry of Tourism and the Arts
Ministry of Water, Sanitation and Environmental Protection
Ministry of Lands and Natural Resources
Statistical Office: Zambia Statistics Agency (ZamStats)
Central Bank: Bank of Zambia
Stock Exchange: Lusaka Securities Exchange (LuSE)
Search Engines: Google Zambia
Info Zambia
Economic Portals

Political Outline

Current Political Leaders: President: Hakainde Hichilema (since 24 August 2021)
Vice-President: Mutale Nalumango (since 24 August 2021)
Next Election Dates: General elections: 2026
Main Political Parties: Zambia is a multi-party democracy country. The main political parties are:
- Patriotic Front (PF) - centre-left, social democrat
- Party of National Unity and Progress (PNUP) - centre-right, liberal, environmentalist
- United Party for National Development (UPND) - centre, liberal
Minor parties include the Alliance for Democracy and Development (ADD) and the Forum for Democracy and Development (FDD).
Type of State: Zambia is a democratic republic.
Executive Power: The executive is exercised by the President (elected by universal suffrage for a 5-year term, for a maximum of two terms), who also appoints the Cabinet and his Vice-President.
Legislative Power: The legislative power is vested in the Parliament, which has of only one chamber: the National Assembly of Zambia. It is the highest law-making body and it is currently formed of 167 members, of which 156 directly elected in single-member constituencies using the simple majority system, 8 are appointed by the President, and 3 are ex-officio members: the Vice President, the Speaker, and a deputy speaker (with one being elected from outside the National Assembly, while the other is chosen among the elected members of the house). The term for all the members of the National Assembly is 5 years.

Indicator of Freedom of the Press

Definition

Definition:

The world rankings, published annually, measures violations of press freedom worldwide. It reflects the degree of freedom enjoyed by journalists, the media and digital citizens of each country and the means used by states to respect and uphold this freedom. Finally, a note and a position are assigned to each country. To compile this index, Reporters Without Borders (RWB) prepared a questionnaire incorporating the main criteria (44 in total) to assess the situation of press freedom in a given country. This questionnaire was sent to partner organisations,150 RWB correspondents, journalists, researchers, jurists and human rights activists. It includes every kind of direct attacks against journalists and digital citizens (murders, imprisonment, assault, threats, etc.) or against the media (censorship, confiscation, searches and harassment etc.).

World Rank:: 115/180

Indicator of Political Freedom

Definition

Definition:

The Indicator of Political Freedom provides an annual evaluation of the state of freedom in a country as experienced by individuals. The survey measures freedom according to two broad categories: political rights and civil liberties. The ratings process is based on a checklist of 10 political rights questions (on Electoral Process, Political Pluralism and Participation, Functioning of Government) and 15 civil liberties questions (on Freedom of Expression, Belief, Associational and Organizational Rights, Rule of Law, Personal Autonomy and Individual Rights). Scores are awarded to each of these questions on a scale of 0 to 4, where a score of 0 represents the smallest degree and 4 the greatest degree of rights or liberties present. The total score awarded to the political rights and civil liberties checklist determines the political rights and civil liberties rating. Each rating of 1 through 7, with 1 representing the highest and 7 the lowest level of freedom, corresponds to a range of total scores.

Ranking:: Partly Free
Political Freedom:: 4/7

Political freedom in the world (interactive map)
Source: Freedom in the World Report, Freedom House

COVID-19 Country Response

COVID-19 epidemic evolution: To find out about the latest status of the COVID19 pandemic evolution and the most up-to-date statistics on the COVID-19 disease in Zambia, please visit the Ministry of Health’s website.

For the international outlook you can consult the latest situation reports published by the World Health Organisation as well as the global daily statistics on the coronavirus pandemic evolution including data on confirmed cases and deaths by country.
Sanitary measures: To find out about the latest public health situation in Zambia consult the Ministry of Health’s website and Coronavirus Disease 2019 (COVID-19) Fact Sheet. Also refer to the fact sheet U.S. Government’s Response to COVID-19 in Zambia.
Travel restrictions: The COVID-19 situation, including the spread of new variants, evolves rapidly and differs from country to country. All travelers need to pay close attention to the conditions at their destination before traveling. Regularly updated information for all countries with regards to Covid-19 related travel restrictions in place including entry regulations, flight bans, test requirements and quarantine is available on TravelDoc Infopage.
It is also highly recommended to consult COVID-19 Travel Regulations Map provided and updated on the daily basis by IATA.
The US government website of Centers of Disease Control and Prevention provides COVID-19 Travel Recommendations by Destination.
The UK Foreign travel advice also provides travelling abroad advice for all countries, including the latest information on coronavirus, safety and security, entry requirements and travel warnings.
Import & export restrictions: For information on all the measures applicable to movement of goods during the period of sanitary emergency due to the COVID-19 outbreak (including eventual restrictions on imports and exports), refer to Measures Taken to Mitigate the Impact of COVID-19.
For a general overview of trade restrictions due to COVID-19 pandemic, please consult the International Trade Centre's COVID-19 Temporary Trade Measures webpage.
Economic recovery plan: For information on the economic recovery scheme put in place by the Zambian government to address the impact of the COVID19 pandemic on the Zambian economy, refer to Measures Taken to Mitigate the Impact of COVID-19 and KPMG’s report Government and institution measures in response to COVID-19.

For a general overview of the key economic policy responses to the COVID-19 outbreak (fiscal monetary and macroeconomic) taken by the Zambian government to limit the socio-economic impact of the COVID-19 pandemic, please consult the section dedicated to Zambia in the IMF’s Policy Tracker platform.
Support plan for businesses: For information on the local business support scheme established by the Zambian government and other organizations to help small and medium-sized companies to deal with the economic impacts of the COVID19 epidemic on their activity refer to the COVID-19 SME Relief and Support Directory and the Sukuma Relief Programme.
For a general overview of international SME support policy responses to the COVID-19 outbreak refer to the World Bank's Map of SME-Support Measures in Response to COVID-19.
Support plan for exporters: There are no specific support plans for exporters in Zambia so far. For future possible up-to-date information please visit the Export Promotion page of the Zambia Development Agency.

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