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2023
Flag → Flag
Exports $500MRnk 95 / 220
2023
Flag → Flag
Top Product $395MRefined Petroleum
2023
Flag → Flag
Exports $150MRnk 12 / 180
2023
Flag → Flag
Top Product $106MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 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 $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$4,168CURRENT US$
Rnk 129 / 196
2013-2023
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GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

India-Namibia Trade: In 2023, India exported $500M to Namibia. The main products that India exported to Namibia were Refined Petroleum ($395M), Packaged Medicaments ($24.4M), and Special Purpose Ships ($9.01M). Over the past 5 years the exports of India to Namibia have increased at an annualized rate of 27.6%, from $148M in 2018 to $500M in 2023.

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

Namibia-India Trade: In 2023, Namibia exported $150M to India. The main products that Namibia exported to India were Diamonds ($106M), Scrap Iron ($28.4M), and Marble, Travertine and Alabaster ($4.58M). Over the past 5 years the exports of Namibia to India have increased at an annualized rate of 17.3%,  from $67.5M in 2018 to $150M in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $4.45M and imported $25M from Namibia, resulting in a negative trade balance of $20.6M. Between November 2023 and November 2024 the exports of India have decreased by $-10M (-69.3%) from $14.5M to $4.45M, while imports decreased by $-4.35M (-14.8%) from $29.4M to $25M.

Trade In November 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 November 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 November 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 ($-199k or -99.5%). In November 2024, the decrease in India's year-by-year imports  from Namibia was explained primarily by an decrease in product imports  in Granit, Natrl Stone And Prodct ($-959k or -91.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$-10M(-69.3%)
IMPORT GROWTH (November 2023 - November 2024)$-4.35M(-14.8%)

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 2023, India exported $500M to Namibia. The main products exported from India to Namibia were Refined Petroleum ($395M), Packaged Medicaments ($24.4M), and Special Purpose Ships ($9.01M). During the last 5 years the exports of India to Namibia have increased at an annualized rate of 27.6%, from $148M in 2018 to $500M in 2023.

In 2018, Namibia exported $150M to India. The main products exported from Namibia to India were Diamonds ($106M), Scrap Iron ($28.4M), and Marble, Travertine and Alabaster ($4.58M). During the last 5 years the exports of Namibia to India have increased at an annualized rate of 17.3%, from $67.5M in 2023 to $150M in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Namibia
Top DestinationSouth Africa$1.71B

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 2023, countries that imported more from India than Namibia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Namibia than India included Botswana ($504M), Saint Helena ($1.56M), and Tuvalu ($221k).

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

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 2023, India had a large net trade with Namibia in the exports of Mineral Products ($395M), Chemical Products ($33.6M), and Transportation ($28.5M).

During 2018, Namibia had a large net trade with India in the exports of Precious Metals ($107M), Metals ($29.3M), and Mineral Products ($9.53M).

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) (2023)

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