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Zambia’s Non-Traditional Export (NTEs) earnings has reached K7.4 billion in January this year from K5.3 billion the previous month, representing a growth of 33.4 percent.
In terms of share in total exports, NTEs accounted for 33.9 percent in January 2023, according to Zambia Statistical Agency (ZamStats) Interim Statistician General Mulenga Musepa.
Addressing journalists in Lusaka recently, Musepa said agricultural products accounted for 19.0 percent of Zambia’s NTEs in January 2023 compared to 27.4 percent in December 2022.
Export earnings from agricultural products decreased by 7.4 percent to K1.4 billion in January 2023 from K1.5 billion in December 2022.
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“The major export commodities were other raw cane sugar accounting for 12.5 percent, Oil-cake of soya-bean and Maize (corn) flour.
“Non-agricultural products accounted for a share of 81.0 percent of Zambia’s NTEs in January 2023 compared to 72.6 percent in December 2022,” he said.
Musepa indicated that export earnings from non-agricultural products increased by 48.8 percent to K5.8 billion in January 2023 from K3.9 billion in December 2022.
The major export commodities were Other-Tubes, pipes and hoses accounting for 17.4 percent, Sulphur of all kinds and Electrical energy.
On the Traditional Exports (TE’s), Musepa said the TE’s earnings increased by 47.9 percent to K13.9 billion in January 2023 from K9.4 billion in December 2022.
He stated that in terms of share in total exports, TEs accounted for 66.1 percent during the month under review.
Musepa indicated that the volume of refined copper exported for January 2023 was 72.6 thousand tonnes while that of 2022 for the same period was 81.2 thousand tonnes representing a 10.7 percent decrease.
He said Zambia’s major export products in January 2023 were from the intermediate goods category mainly comprising copper anodes for electrolytic refining and Electro-refined copper cathodes (High Purity) accounting for 85.1 percent.
Musepa said exports from the consumer goods, raw materials and capital goods categories, collectively accounted for 14.9 percent of total exports in January, 2023.
He said the major import product category in January 2023 was Intermediate goods, accounting for 41.7 percent.
The consumer goods category was second at 34.3 percent, followed by the capital goods and raw materials categories, accounting for 15.2 percent and 8.9 percent, respectively.
Musepa said the major export destination in January 2023 was Switzerland, which accounted for 33.6 percent of the total export earnings.
He said the main export product to Switzerland was copper anodes for electrolytic refining accounting for 72.9 percent of total export earnings from that country.
Musepa said China was the second main destination of Zambia’s exports accounting for 27.5 percent of the total export earnings.
The major export product to China was copper anodes for electrolytic refining, accounting for 91.1 percent of total export earnings from that country.
He said the Democratic Republic of Congo (DRC) was the third main export destination accounting for 18.6 percent of the total export earnings.
“The major export products were Other-Tubes, pipes and hoses accounting for 25.6 percent of total export earnings from that country. Singapore was the fourth main export destination accounting for 5.8 percent of the total export earnings.
“The major export products were, copper anodes for electrolytic refining, accounting for 50.8 percent of total export earnings from that country,” Musepa said.
He said Zimbabwe was the fifth main export destination accounting for 2.5 percent of the total export earnings.
The major export product was Electrical energy accounting for 23.4 percent of total export earnings from that country.
Musepa said the five major NTEs destination in January 2023 was DRC, which accounted for 54.9 percent of the total NTE earnings.
He said the main export products to DRC were Other-Tubes, pipes and hoses accounting for 25.6 percent of total NTE earnings from that country.
Zimbabwe was the second main destination accounting for 7.2 percent of the total NTE earnings, followed by South Africa accounting for 5.6 percent of the total NTE earnings.
He said the major export product was Bullion semi-manufactured forms accounting for 19.7 percent of total NTE earnings from that country.
Musepa said Malawi was the fourth main destination accounting for 5.0 percent of the total NTE earnings.
He said the major export products were other machinery for earth, stone, ores, nes accounting for 68.2 percent of total NTE earnings from that country.
Musepa said the fifth main destination was China, which accounted for 4.7 percent of the total NTE earnings.
“The major export product was Other Zinc ores and concentrates nes accounting for 82.1 percent of total NTE earnings from that country,” he said.
Musepa said these five countries collectively accounted for 77.4 percent of Zambia’s total NTE earnings in January 2023.
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