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2022
Flag → Flag
Exports $6.35kRnk 25 / 0
2022
Flag → Flag
Exports $682kRnk 82 / 130
2022
Flag → Flag
Top Product $323kPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC $4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Namibia-Iran Trade: In 2022, Namibia exported $6.35k to Iran. The main products that Namibia exported to Iran were N/A. Over the past 7 years the exports of Namibia to Iran have increased at an annualized rate of 42.5%, from $532 in 2015 to $6.35k in 2022.

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

Iran-Namibia Trade: In 2022, Iran exported $682k to Namibia. The main products that Iran exported to Namibia were Packaged Medicaments ($323k), Vaccines, blood, antisera, toxins and cultures ($169k), and Other Plastic Products ($92.7k). Over the past 7 years the exports of Iran to Namibia have increased at an annualized rate of 24.1%,  from $231k in 2015 to $682k in 2022.

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

Comparison: In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $6.35k to Iran. There were not main exports from Namibia to Iran in 2022. During the last 7 years the exports of Namibia to Iran have increased at an annualized rate of 42.5%, from $532 in 2015 to $6.35k in 2022.

In 2018, Iran exported $682k to Namibia. The main products exported from Iran to Namibia were Packaged Medicaments ($323k), Vaccines, blood, antisera, toxins and cultures ($169k), and Other Plastic Products ($92.7k). During the last 5 years the exports of Iran to Namibia have increased at an annualized rate of 24.1%, from $231k in 2023 to $682k in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Iran (Flag)

Namibia Exports

Date

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.71B
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Namibia than Iran included South Africa ($1.71B), Botswana ($504M), and Belgium ($424M).

In 2023, countries that imported more from Iran than Namibia included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

Comparative Advantage Namibia - Iran

Flow
Scale

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

During 2022, Namibia had a large net trade with Iran in the exports of .

During 2018, Iran had a large net trade with Namibia in the exports of Chemical Products ($573k), Plastics and Rubbers ($94.7k), and Instruments ($10.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Iran+$20.8kWood Charcoal
Top Product Potential Iran Namibia+$18.2kVaccines, blood, antisera, toxins and cultures

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

Product Space of Namibia (Flag) and Iran (Flag) (2023)

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