Greece-Zambia Bilateral Trade Analysis 2023
Complete trade statistics: $88.38M total volume •Greece deficit: $88.38M
Greece → Zambia
$0
Exports (2023)
Zambia → Greece
$88.38M
Imports (2023)
Trade Balance
$88.38M
Deficit for Greece
Total Trade
$88.38M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Greece and Zambia. Green line shows exports from Greece, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Greece-Zambia commercial relationship and competitive positioning in global markets.
Greece → Zambia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Greece's export portfolio to Zambia demonstrates strategic specialization, with magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate) representing a key competitive advantage in this bilateral market.
Zambia → Greece Imports
Import Dependency Profile
📦 Import Strategy Analysis
Greece's import pattern from Zambia reveals significant dependencyin copper: refined, unwrought, cathodes and sections of cathodes, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Greece demonstrates competitive strength in exportingmagnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate) to Zambia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $88.38M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Greece-Zambia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $88.38 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Greece maintains a deficit of $88.38 million
- Export Focus: Greece's primary exports include magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate), razors, aluminium: alloys, bars, rods and profiles, other than hollow
- Import Dependencies: Key imports from Zambia include copper: refined, unwrought, cathodes and sections of cathodes, basketwork, wickerwork and other articles: of vegetable materials (not bamboo or rattan), made directly to shape from plaiting materials or made up from goods of heading no. 4601: articles of loofah, clothing: worn, and other worn articles
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $88.38M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Greece leveraging its comparative advantages in magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Greece's specialization in magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate)complements Zambia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in copper: refined, unwrought, cathodes and sections of cathodes.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $88.38M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $88.38M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $88.38 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate) and copper: refined, unwrought, cathodes and sections of cathodes demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Greece's trade deficit of $88.38 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Greece and Zambia represents a total trade volume of $88.38 million in 2023. This partnership demonstrates an unfavorable trade balance for Greece, with imports exceeding exportsby $88.38 million.
Export Strengths
Greece's exports to Zambia total $0.00, with competitive advantages in magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate), representing $3.59M orInfinity% of bilateral exports.
Import Dependencies
Imports from Zambia amount to $88.38 million, highlighting economic interdependence in copper: refined, unwrought, cathodes and sections of cathodes, with Copper: refined, unwrought, cathodes and sections of cathodes comprising100.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Greece's strategic sourcing from Zambia. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Greece and Zambia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023