2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 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

Ecuador-Namibia Trade: In 2022, Ecuador exported $14.2k to Namibia. The main products that Ecuador exported to Namibia were Other Aluminium Products ($5.19k), Knit T-shirts ($1.97k), and Non-Knit Women's Suits ($1.21k). Over the past 5 years the exports of Ecuador to Namibia have decreased at an annualized rate of 47.7%, from $363k in 2017 to $14.2k in 2022.

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

Namibia-Ecuador Trade: In 2022, Namibia exported $17.8k to Ecuador. The main products that Namibia exported to Ecuador were Ink Ribbons ($14.3k), Video Displays ($3.32k), and Plastic Building Materials ($69). Over the past 5 years the exports of Namibia to Ecuador have decreased at an annualized rate of 38.4%,  from $200k in 2017 to $17.8k in 2022.

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

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). 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, Ecuador exported $14.2k to Namibia. The main products exported from Ecuador to Namibia were Other Aluminium Products ($5.19k), Knit T-shirts ($1.97k), and Non-Knit Women's Suits ($1.21k). During the last 5 years the exports of Ecuador to Namibia have decreased at an annualized rate of 47.7%, from $363k in 2017 to $14.2k in 2022.

In 2017, Namibia exported $17.8k to Ecuador. The main products exported from Namibia to Ecuador were Ink Ribbons ($14.3k), Video Displays ($3.32k), and Plastic Building Materials ($69). During the last 5 years the exports of Namibia to Ecuador have decreased at an annualized rate of 38.4%, from $200k in 2022 to $17.8k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Ecuador than Namibia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

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

Comparative Advantage Ecuador - Namibia

Flow
Scale

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

During 2022, Ecuador had a large net trade with Namibia in the exports of Textiles ($5.42k), Metals ($5.25k), and Machines ($2.31k).

During 2017, Namibia had a large net trade with Ecuador in the exports of Miscellaneous ($14.3k), Machines ($3.38k), and Plastics and Rubbers ($69).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Namibia+$4.78kKnit T-shirts
Top Product Potential Namibia Ecuador+$3.85kRefined Petroleum

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 Ecuador and Namibia. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Ecuador.

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

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