Swedish trade with Zambia declining
Export to Zambia has decreased by 4.9 percent, a comparison shows. The volume has gone down by 17 million SEK.
Between January – June 2011 the total export was 341 000 000 SEK. In the same period this year, the export amounted to 324 000 000 SEK. Even if the percentage is close to five percent, the volume can be seen to be relatively small.
In general, Sweden's trade with sub-Saharan Africa has changed. The four largest markets (South Africa, Nigeria, Ghana and Sudan) have all decreased. And while some countries have shown a large increase by percentage (for example Ivory Coast, Rwanda and Zimbabwe), the absolute volume is very low. Two countries that show a large increase in both exports and numbers are Angola and DRC.
Other trends include that export to 28 countries has decreased, while other 19 countries experienced an increase. Notably, the category of "machinery and other equipment for telecommunications" often occurs as (strongly) decreasing.
Swedish export to sub-Saharan Africa has fallen overall by 20 percent, from 14.7 million SEK to 11.7 million SEK in the period Jan-Jun 2011 to Jan-Jun 2012. At the same time, the Swedish global export has fallen overall by 0.5 percent, from 610 billion SEK to 607 billion SEK during the same period. Still, it is no secret that the exports have fluctuated over the past five years, and the same might happen in the future. The declining exports of the last period does therefore not need to be an enduring trend.