Non-Traditional Exports increase to $4.23bn
Published On June 12, 2024 » 350 Views» By Times Reporter » Business, Stories
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NON-Traditional Exports (NTEs) have increased to US$4.23 billion recorded last year from US$3.52 billion in 2022.
This represents a 20-per cent growth and 10.4-per cent increase in the NTE’s proportion of the country’s total exports.
According to the 2023 Zambia Development Agency (ZDA’s) Exporter’s Survey released yesterday, the proportion of NTEs to total exports increased from 30.21-per cent in 2022 to 40.61-per cent in 2023.
The survey stated that NTE total exports increased as a result of increased trade between Zambia and Southern African Development Community (SADC) as well as the Common Market for Eastern and Southern Africa (COMESA) countries.

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