Wed, 03 Jan 2018 14:07:42 +0000
By MAILESI BANDA
ZAMBIA imported goods worth K2, 212 million from South Africa in the month of November accounting for a total of 26.8 percent of the total imports.
According to the Central Statistics Office, report on Zambia’s major import products, South Africa has continued to be Zambia’s leading source of imports with the major products being gas and oils, products that took up 4.5 percent of the total imports.
The second largest source of Zambia’s imports in November was the Democratic Republic of Congo which sold products worth K2, 158 million into Zambia in the month under review.
The major import products from that country included cobalt oxides and hydroxides which contributed to the 26.1 percent share the country was holding in November.
And on the market shares by selected regional groupings and major partners the Southern African Development community (SADC) was the major source of Zambia’s imports with a total of K2, 563 million worth of goods coming into the country from the region.
And the dual SADC and COMESA was the second main source of Zambia’s imports with goods worth K 2,635 being sold into the country.
And the least source of imports for Zambia was the world contributing only K 8, 270 million an amount that is just 4 percent of the total imports into Zambia.
And on the export platform the country managed to export goods worth K1, 535 million to Asia, K568 million worth of goods to the SADC exclusive region and K 698 million to the dual SADC and COMESA regions.
Others are K255 million to the European Union and K152 million to the COMESA region exclusively.
