Gold exports from Zambia: data, top buyers and prices
In 2024, Zambia exported gold worth $111.9 million (2 tonnes). Value fell 94% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2023, at $1.94 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $111.9M | 2 t |
| 2023 | $1.94B | 32 t |
| 2022 | $1.79B | 28 t |
| 2021 | $838.8M | 15 t |
| 2020 | $757.5M | 13 t |
| 2019 | $278.1M | 5 t |
| 2018 | $73.6M | 2 t |
| 2017 | $95.7M | 3 t |
Where Zambia exports gold to
One buyer market dominates: South Africa accounted for 94% of the value. Among the main buyer markets, South Africa grew fastest (+145% on the year before).
| Destination | Value | Share |
|---|---|---|
| South Africa | $105.0M | 94% |
| United Arab Emirates | $6.6M | 5.9% |
| United States | $144K | 0.1% |
| Hong Kong | $138K | 0.1% |
Product types under HS 7108
| 7108.13 | Gold semi-manufactured forms | 95% |
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 4.9% |
Codes and full descriptions: HS heading 7108.
Average export price per kg
The average declared value was about $74,586.20 per kg, 29% above the world average of $57,889.60. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Gold imports to Zambia
In 2024, Zambia imported gold worth $2.5 million. One supplier dominates: Zimbabwe accounted for 84% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Zimbabwe | $2.1M | 84% |
| Malawi | $405K | 16% |
| South Africa | $3K | 0.1% |
Who is behind these numbers in Zambia?
The shipment records behind Zambia gold exports (HS 7108): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form.
Common questions
What is the value of gold exported by Zambia?
Zambia exported gold worth $111.9 million in 2024, the latest year with complete public data, about 2 tonnes. That ranks it 85th of 157 countries worldwide, with 0% of world exports. The value was down 94% on 2023.
Which countries buy gold from Zambia?
South Africa was the largest buyer with 94% of the value ($105.0 million), followed by the United Arab Emirates (6%) and the United States (0%). The top three together account for 100%, out of 4 buyer countries in total. South Africa grew fastest among the top ten, up 145% on the year.
What is the average export price of gold per kg?
The average declared export value was about $74,586.20 per kg in 2024, 29% above the world average of $57,889.60 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of gold from Zambia changed since 2017?
Exports went from $95.7 million in 2017 to $111.9 million in 2024, an increase of 17%. The peak was 2023 at $1.94 billion. Over 8 years the average was $736.4 million a year.
Does Zambia also import gold?
Yes. Zambia imported $2.5 million worth of this product in 2024, mainly from Zimbabwe, Malawi and South Africa. On balance Zambia is a net exporter of this product, by about $109.4 million a year.
What is the HS code for gold?
The HS code for gold is heading 7108. In Zambia the largest six-digit codes were 7108.13 (95% of the value) and 7108.12 (5%).
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Zambia. Tell us your product to see it live.
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