2023
Flag
 GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

British Indian Ocean Territory-Namibia Trade: In 2023, British Indian Ocean Territory exported $13.9k to Namibia. The main products that British Indian Ocean Territory exported to Namibia were Other Iron Products ($13.1k), Jewellery ($430), and Motor vehicles; parts and accessories (8701 to 8705) ($336). Over the past 8 years the exports of British Indian Ocean Territory to Namibia have increased at an annualized rate of 35.5%, from $1.22k in 2015 to $13.9k in 2023.

In 2023, British Indian Ocean Territory did not export any services to Namibia.

Namibia-British Indian Ocean Territory Trade: In 2023, Namibia exported $1.53k to British Indian Ocean Territory. The main products that Namibia exported to British Indian Ocean Territory were Knit T-shirts ($860), Bells and Other Metal Ornaments ($244), and Other Plastic Products ($188). Over the past 8 years the exports of Namibia to British Indian Ocean Territory have increased at an annualized rate of 50.4%,  from $199 in 2015 to $1.53k in 2023.

In 2023, Namibia did not export any services to British Indian Ocean Territory.

Comparison In 2023,  British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index. That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $13.9k to Namibia. The main products exported from British Indian Ocean Territory to Namibia were Other Iron Products ($13.1k), Jewellery ($430), and Motor vehicles; parts and accessories (8701 to 8705) ($336). During the last 8 years the exports of British Indian Ocean Territory to Namibia have increased at an annualized rate of 35.5%, from $1.22k in 2015 to $13.9k in 2023.

In 2018, Namibia exported $1.53k to British Indian Ocean Territory. The main products exported from Namibia to British Indian Ocean Territory were Knit T-shirts ($860), Bells and Other Metal Ornaments ($244), and Other Plastic Products ($188). During the last 5 years the exports of Namibia to British Indian Ocean Territory have increased at an annualized rate of 50.4%, from $199 in 2023 to $1.53k in 2018.

Exports from British Indian Ocean Territory (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to British Indian Ocean Territory (Flag) (2023)

Latest Data

Trade between British Indian Ocean Territory (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from British Indian Ocean Territory than Namibia included Ecuador ($27.2k), Uzbekistan ($6.81k), and Bosnia and Herzegovina ($46k).

In 2023, countries that imported more from Namibia than British Indian Ocean Territory included South Africa ($1.71B), China ($752M), and Botswana ($504M).

Difference in imports from Namibia (Flag) and British Indian Ocean Territory (Flag) (2023)

Comparative Advantage British Indian Ocean Territory - Namibia

Flow
Scale

This chart compares trade between British Indian Ocean Territory and Namibia by product, considering products traded by both, British Indian Ocean Territory and Namibia.

During 2023, British Indian Ocean Territory had a large net trade with Namibia in the exports of Metals ($13.1k), Precious Metals ($430), and Transportation ($336).

During 2018, Namibia had a large net trade with British Indian Ocean Territory in the exports of Textiles ($860), Metals ($244), and Plastics and Rubbers ($188).

Economic Complexity

Competitive Landscape

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

Product Space of British Indian Ocean Territory (Flag) and Namibia (Flag) (2023)

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