2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Chile-Namibia Trade: In 2022, Chile exported $60.7M to Namibia. The main products that Chile exported to Namibia were Copper Ore ($48.6M), Precious Metal Ore ($10.6M), and Excavation Machinery ($964k). Over the past 5 years the exports of Chile to Namibia have increased at an annualized rate of 26.3%, from $18.9M in 2017 to $60.7M in 2022.

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

Namibia-Chile Trade: In 2022, Namibia exported $853k to Chile. The main products that Namibia exported to Chile were Other Iron Products ($761k), Fish oil ($78.8k), and Industrial Printers ($3.1k). Over the past 5 years the exports of Namibia to Chile have increased at an annualized rate of 32.7%,  from $207k in 2017 to $853k in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $60.7M to Namibia. The main products exported from Chile to Namibia were Copper Ore ($48.6M), Precious Metal Ore ($10.6M), and Excavation Machinery ($964k). During the last 5 years the exports of Chile to Namibia have increased at an annualized rate of 26.3%, from $18.9M in 2017 to $60.7M in 2022.

In 2017, Namibia exported $853k to Chile. The main products exported from Namibia to Chile were Other Iron Products ($761k), Fish oil ($78.8k), and Industrial Printers ($3.1k). During the last 5 years the exports of Namibia to Chile have increased at an annualized rate of 32.7%, from $207k in 2022 to $853k in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Chile than Namibia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Namibia than Chile included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Chile - Namibia

Flow
Scale

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

During 2022, Chile had a large net trade with Namibia in the exports of Mineral Products ($59.2M), Machines ($967k), and Animal Products ($371k).

During 2017, Namibia had a large net trade with Chile in the exports of Metals ($762k), Animal and Vegetable Bi-Products ($78.8k), and Machines ($6.99k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Namibia+$397kNon-fillet Frozen Fish
Top Product Potential Namibia Chile+$73kOther Iron Products

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.

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Economic Complexity

Competitive Landscape

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

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

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