NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $24.4MRnk 152 / 220
2023
Flag → Flag
Top Product $3.65MSulphur
2023
Flag → Flag
Exports $424MRnk 4 / 180
2023
Flag → Flag
Top Product $156MRefined Copper
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

Belgium-Namibia Trade: In 2023, Belgium exported $24.4M to Namibia. The main products that Belgium exported to Namibia were Sulphur ($3.65M), Industrial Food Preperation Machinery ($3.24M), and Refined Petroleum ($1.58M). Over the past 5 years the exports of Belgium to Namibia have increased at an annualized rate of 2.72%, from $21.3M in 2018 to $24.4M in 2023.

In 2023, Belgium did not export any services to Namibia.

Namibia-Belgium Trade: In 2023, Namibia exported $424M to Belgium. The main products that Namibia exported to Belgium were Refined Copper ($156M), Raw Copper ($146M), and Diamonds ($97.9M). Over the past 5 years the exports of Namibia to Belgium have decreased at an annualized rate of 5.73%,  from $642M in 2018 to $424M in 2023.

In 2023, Namibia did not export any services to Belgium.

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Latest Trends

N/A

About

Overview In N/A, Belgium exported €N/A and imported €N/A from Namibia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Namibia were . In N/A the top imports of Belgium from Namibia were .

Growth In N/A, the N/A in Belgium's year-by-year exports to Namibia was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports  from Namibia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Namibia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Namibia and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $24.4M to Namibia. The main products exported from Belgium to Namibia were Sulphur ($3.65M), Industrial Food Preperation Machinery ($3.24M), and Refined Petroleum ($1.58M). During the last 5 years the exports of Belgium to Namibia have increased at an annualized rate of 2.72%, from $21.3M in 2018 to $24.4M in 2023.

In 2018, Namibia exported $424M to Belgium. The main products exported from Namibia to Belgium were Refined Copper ($156M), Raw Copper ($146M), and Diamonds ($97.9M). During the last 5 years the exports of Namibia to Belgium have decreased at an annualized rate of 5.73%, from $642M in 2023 to $424M in 2018.

Exports from Belgium (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Namibia
Top DestinationSouth Africa$1.71B

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 2023, countries that imported more from Belgium than Namibia included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Namibia than Belgium included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

Difference in imports from Namibia (Flag) and Belgium (Flag) (2023)

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 2023, Belgium had a large net trade with Namibia in the exports of Machines ($8.42M), Mineral Products ($5.22M), and Chemical Products ($3.46M).

During 2018, Namibia had a large net trade with Belgium in the exports of Metals ($302M), Precious Metals ($97.9M), and Mineral Products ($19.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Namibia+$2.04MRefined Petroleum
Top Product Potential Namibia Belgium+$1.06MFish Fillets

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Namibia. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Namibia (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms