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2022
Flag → Flag
Exports $355MRnk 101 / 217
2022
Flag → Flag
Top Product $270MRefined Petroleum
2022
Flag → Flag
Exports $35MRnk 23 / 173
2022
Flag → Flag
Top Product $22.6MDiamonds
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 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 $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 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

India-Namibia Trade: In 2022, India exported $355M to Namibia. The main products that India exported to Namibia were Refined Petroleum ($270M), Packaged Medicaments ($23.8M), and Cars ($6.67M). Over the past 5 years the exports of India to Namibia have increased at an annualized rate of 21.7%, from $133M in 2017 to $355M in 2022.

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

Namibia-India Trade: In 2022, Namibia exported $35M to India. The main products that Namibia exported to India were Diamonds ($22.6M), Scrap Iron ($4.45M), and Industrial Fatty Acids, Oils and Alcohols ($2.83M). Over the past 5 years the exports of Namibia to India have decreased at an annualized rate of 3.34%,  from $41.5M in 2017 to $35M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $2.91M and imported $15M from Namibia, resulting in a negative trade balance of $12.1M. Between August 2023 and August 2024 the exports of India have decreased by $-129M (-97.8%) from $132M to $2.91M, while imports decreased by $-29.4M (-66.3%) from $44.4M to $15M.

Trade In August 2024, the top exports of India to Namibia were Ship, Boat And Floating Struct ($9.09M), Drug Formulations, Biologicals ($1.58M), Indl. Machnry For Dairy Etc ($405k), Rice(Other Than Basmoti) ($236k), and Machine Tools ($113k). In August 2024 the top imports of India from Namibia were Iron And Steel ($3.4M), Other Commodities ($288k), Granit, Natrl Stone And Prodct ($93.4k), Pearl, Precs, Semiprecs Stones ($60.4k), and Telecom Instruments ($5.17k).

Growth In August 2024, the decrease in India's year-by-year exports to Namibia was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-840k or -34.7%), Cereal Preparations ($-212k or -95.2%), and Electronics Instruments ($-199k or -99.5%). In August 2024, the decrease in India's year-by-year imports  from Namibia was explained primarily by an decrease in product imports  in Granit, Natrl Stone And Prodct ($-959k or -91.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-129M(-97.8%)
IMPORT GROWTH (August 2023 - August 2024)$-29.4M(-66.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Namibia and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $355M to Namibia. The main products exported from India to Namibia were Refined Petroleum ($270M), Packaged Medicaments ($23.8M), and Cars ($6.67M). During the last 5 years the exports of India to Namibia have increased at an annualized rate of 21.7%, from $133M in 2017 to $355M in 2022.

In 2017, Namibia exported $35M to India. The main products exported from Namibia to India were Diamonds ($22.6M), Scrap Iron ($4.45M), and Industrial Fatty Acids, Oils and Alcohols ($2.83M). During the last 5 years the exports of Namibia to India have decreased at an annualized rate of 3.34%, from $41.5M in 2022 to $35M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from India than Namibia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Namibia than India included Botswana ($672M), Marshall Islands ($14.1M), and Saint Helena ($891k).

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

Comparative Advantage India - Namibia

Flow
Scale

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

During 2022, India had a large net trade with Namibia in the exports of Mineral Products ($270M), Chemical Products ($36.4M), and Machines ($13.2M).

During 2017, Namibia had a large net trade with India in the exports of Precious Metals ($22.9M), Metals ($4.71M), and Mineral Products ($2.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Namibia+$41.1MRefined Petroleum
Top Product Potential Namibia India+$20.8MDiamonds

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

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

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