According to resources, the total export to Zambia from India reached an estimated revenue of more than $232 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million | 2020-2021 | 2021-2022(April-Nov) |
India Export to Zambia | 268M | 232M |
India Import from Zambia | 126M | 94M |
Total Trade | 394M | 326M |
Pharmaceuticals, Machinery, and Plastic are the major exported products from India to Zambia at the present moment.
The E-commerce market in Zambia is also rising because of the Internet penetration rate in Zambia which has reached 29.4% by 2021.
So, itβs a good scope for Indian exporters and sellers to grab the Zambia market whether through offline channels or online selling platforms & marketplaces in Zambia.
Useful resources