Key Market Indicators
Zambia's truck import market is projected to surge to $281 million by 2028, up from $258 million in 2023, reflecting an average annual growth rate of 1.4%. Despite this positive trend, the country's demand for trucks has seen a yearly decline of 0.7% since 2000. On the export front, Zambia's truck exports are expected to rise modestly to $15 million by 2028, from the current $14.9 million in 2023, marking an average annual growth rate of 0.1%. However, the supply has experienced a significant decrease, falling by 3.5% per year since 2000. In the global ranking for truck exports in 2023, Zambia placed 54th, with Senegal narrowly ahead at $14.9 million. The United States, Germany, and France secured the second, third, and fourth positions, respectively.