2022
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GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
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GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
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 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
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GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Namibia-Belgium In 2022, Namibia exported $200M to Belgium. The main products that Namibia exported to Belgium are Diamonds ($124M), Copper Ore ($59.8M), and Wood Charcoal ($5.4M). During the last 22 years the exports of Namibia to Belgium have increased at an annualized rate of 5.18%, from $66M in 2000 to $200M in 2022.

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

Belgium-Namibia In 2022, Belgium exported $21.4M to Namibia. The main products that Belgium exported to Namibia were Diamonds ($4.46M), Industrial Food Preperation Machinery ($2.84M), and Vaccines, blood, antisera, toxins and cultures ($2.19M). During the last 22 years the exports of Belgium to Namibia have increased at an annualized rate of 6.63%, from $5.2M in 2000 to $21.4M in 2022.

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

Comparison In 2022,  Namibia ranked 88 in the Economic Complexity Index (ECI -0.69), and 121 in total exports ($6.18B). That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $200M to Belgium. The main products exported from Namibia to Belgium were Diamonds ($124M), Copper Ore ($59.8M), and Wood Charcoal ($5.4M). During the last 22 years the exports of Namibia to Belgium have increased at an annualized rate of 5.18%, from $66M in 2000 to $200M in 2022.

In 2022, Belgium exported $21.4M to Namibia. The main products exported from Belgium to Namibia were Diamonds ($4.46M), Industrial Food Preperation Machinery ($2.84M), and Vaccines, blood, antisera, toxins and cultures ($2.19M). During the last 22 years the exports of Belgium to Namibia have increased at an annualized rate of 6.63%, from $5.2M in 2000 to $21.4M in 2022.

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

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

Latest Data

Trade between Namibia (Flag) and Belgium (Flag)

Namibia Exports

Belgium Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Belgium
Top Destination
Germany$91.9B

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

In 2021, countries that imported more from Namibia than Belgium were Botswana ($672M), South Africa ($1.75B), and Zambia ($279M).

In 2021, countries that imported more from Belgium than Namibia were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Namibia - Belgium

Flow
Scale

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

During 2022, Namibia had a large net trade with Belgium in the exports of Precious Metals ($124M), Mineral Products ($66.1M), and Wood Products ($5.4M).

During 2022, Belgium had a large net trade with Namibia in the exports of Machines ($6.59M), Chemical Products ($5.47M), and Precious Metals ($4.46M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Namibia has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Namibia.

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

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