2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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 GDP
$12.6BCURRENT US$
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2012-2022
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GDP GROWTH
-3.33%CURRENT US$
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2022
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GDP PC 
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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2022
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GDP PC
$4,911CURRENT US$
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2012-2022
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GDP PC GROWTH
-18.4%CURRENT US$
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About

Belgium-Namibia In 2022, Belgium exported $21.4M to Namibia. The main products that Belgium exported to Namibia are Diamonds ($4.46M), Industrial Food Preperation Machinery ($2.84M), and Vaccines, blood, antisera, toxins and cultures ($2.19M). During the last 22 years the exports of Belgium to Namibia have increased at an annualized rate of 6.63%, from $5.2M in 2000 to $21.4M in 2022.

In 2022, Belgium did not export any services to Namibia.

Namibia-Belgium In 2022, Namibia exported $200M to Belgium. The main products that Namibia exported to Belgium were Diamonds ($124M), Copper Ore ($59.8M), and Wood Charcoal ($5.4M). During the last 22 years the exports of Namibia to Belgium have increased at an annualized rate of 5.18%, from $66M in 2000 to $200M in 2022.

In 2022, Namibia did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Namibia ranked 88 in the Economic Complexity Index (ECI -0.69), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $21.4M to Namibia. The main products exported from Belgium to Namibia were Diamonds ($4.46M), Industrial Food Preperation Machinery ($2.84M), and Vaccines, blood, antisera, toxins and cultures ($2.19M). During the last 22 years the exports of Belgium to Namibia have increased at an annualized rate of 6.63%, from $5.2M in 2000 to $21.4M in 2022.

In 2022, Namibia exported $200M to Belgium. The main products exported from Namibia to Belgium were Diamonds ($124M), Copper Ore ($59.8M), and Wood Charcoal ($5.4M). During the last 22 years the exports of Namibia to Belgium have increased at an annualized rate of 5.18%, from $66M in 2000 to $200M in 2022.

Exports from Belgium (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Namibia
Top Destination
South Africa$1.75B

This map shows whether countries import more from Belgium or Namibia. Each country is colored based on the difference in imports they receive from Belgium and Namibia or the difference in the growth in imports.

In 2021, countries that imported more from Belgium than Namibia were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Namibia than Belgium were Botswana ($672M), South Africa ($1.75B), and Zambia ($279M).

Difference in imports from Namibia (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Namibia

Flow
Scale

This chart compares trade between Belgium and Namibia by product, considering products traded by both, Belgium and Namibia.

During 2022, Belgium had a large net trade with Namibia in the exports of Machines ($6.59M), Chemical Products ($5.47M), and Precious Metals ($4.46M).

During 2022, Namibia had a large net trade with Belgium in the exports of Precious Metals ($124M), Mineral Products ($66.1M), and Wood Products ($5.4M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Namibia. Similarly, the more yellow a dot/product is, the more Namibia has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Namibia (Flag) (2022)

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