Zambia records trade deficit

  1. Posted on Monday 9 November 2009 - 12:21
    Sanday
    Image of Sanday
    Sanday Chongo Kabange, AfricaNews reporter in Lusaka, Zambia
    Zambia recorded a trade deficit valued at US$63,879,957 (K298.4 billion) in October, 2009. This means that the country exported less in October, 2009, than it imported in value terms.
    super market
    The country’s major export products in October, 2009 – by International Standard Industrial Classification – were, under the manufacturing sector, accounting for 88.4% of which the prominent one was the manufacturing of basic precious and non-ferrous metals, with 76.5%.

    Other notable products in manufacturing were dairy products, sugar, soap and detergents. Other major export products were from the mining and quarrying, agriculture, hunting and forestry sectors.

    Copper continued to remain Zambia’s major export which accounted for 65.4% of the country’s total export earnings in October, 2009.

    The five major destinations of Zambia’s exports in October were Switzerland (54.1%), Congo DR (11.7%), South Africa (9.4%), China (4.8%) and Egypt (3.4%)

Latest News

  1. Africa’s Green Revolution Forum starts02/09International leaders expressed their commitment to transforming agriculture in Africa.
  2. SA ends special deal for Zimbabwe migrants02/09South Africa will stop at the end of the year a special deal granted to thousands of Zimbabweans.
  3. Poultry industry in Ghana threatened02/09Poultry farmers in Ghana worried over the influx of imported poultry products.
  4. Malawi: Three die in religious ritual02/09In a Hollywood style horror movie enactment, three members of the same family die in Malawi.
  5. EU supports AU mission in Somalia02/09The EU said supporting the AU Mission in Somalia is "crucial" to prevent the security situation from deteriorating.
  6. SA public sector strike set to continue02/09South Africa's public sector strike is set to continue.
  7. Religious leaders meet for peace in Casamance01/09Religious leaders have postponed a meeting in Casamance, Senegal to discuss peace.
  8. FEMNET expresses solidarity with Malawi women01/09FEMNET has expressed solidarity with women politicians in Malawi.
  9. Kenya's population hits 38.6 million01/09Kenya said its population increase of around 10 million since the last census in 1999.
  10. Police clash with protesters in Mozambique01/09Police in Mozambique fired rubber bullets and teargas as they clashed with demonstrators.
  11. Somalia: Nine die in roadside bomb attack01/09At least nine civilians were killed and thirty others wounded in a roadside bomb.
  12. Somali Islamists tell president to resign01/09Islamist rebel militias asked Somali president Sharif Sheikh Ahmed to step down as he had failed establishing order in the country.
  13. US aid worker freed in Darfur31/08American aid worker has been freed in the Sudanese war-torn region of Darfur.
  14. 270,000 at risk as floods threaten Ethiopia31/08More than a quarter of a million Ethiopians are at risk from heavy floods expected.
  15. Locusts attack Guinea Bissua31/08Locusts have invaded more than 40 villages in eastern Guinea-Bissau.
News archive