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2023
Flag → Flag
Exports $427kRnk 81 / 180
2023
Flag → Flag
Top Product $308kFlax Woven Fabric
2023
Flag → Flag
Exports $430kRnk 157 / 200
2023
Flag → Flag
Top Product $107kCoconut and Other Vegetable Fibers
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 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$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Namibia-Sri Lanka Trade: In 2023, Namibia exported $427k to Sri Lanka. The main products that Namibia exported to Sri Lanka were Flax Woven Fabric ($308k), Narrow Woven Fabric ($52.4k), and Marble, Travertine and Alabaster ($44.1k). Over the past 6 years the exports of Namibia to Sri Lanka have increased at an annualized rate of 9.3%, from $251k in 2017 to $427k in 2023.

In 2023, Namibia did not export any services to Sri Lanka.

Sri Lanka-Namibia Trade: In 2023, Sri Lanka exported $430k to Namibia. The main products that Sri Lanka exported to Namibia were Coconut and Other Vegetable Fibers ($107k), Used Rubber Tires ($89.7k), and Knit Gloves ($87.5k). Over the past 6 years the exports of Sri Lanka to Namibia have increased at an annualized rate of 23.1%,  from $152k in 2017 to $430k in 2023.

In 2023, Sri Lanka 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, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $427k to Sri Lanka. The main products exported from Namibia to Sri Lanka were Flax Woven Fabric ($308k), Narrow Woven Fabric ($52.4k), and Marble, Travertine and Alabaster ($44.1k). During the last 6 years the exports of Namibia to Sri Lanka have increased at an annualized rate of 9.3%, from $251k in 2017 to $427k in 2023.

In 2018, Sri Lanka exported $430k to Namibia. The main products exported from Sri Lanka to Namibia were Coconut and Other Vegetable Fibers ($107k), Used Rubber Tires ($89.7k), and Knit Gloves ($87.5k). During the last 5 years the exports of Sri Lanka to Namibia have increased at an annualized rate of 23.1%, from $152k in 2023 to $430k in 2018.

Exports from Namibia (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and Sri Lanka (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.71B
Sri Lanka
Top DestinationUnited States$2.98B

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

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

In 2023, countries that imported more from Sri Lanka than Namibia included United States ($2.98B), India ($991M), and United Kingdom ($900M).

Difference in imports from Sri Lanka (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Sri Lanka

Flow
Scale

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

During 2023, Namibia had a large net trade with Sri Lanka in the exports of Textiles ($360k), Mineral Products ($44.1k), and Machines ($22.6k).

During 2018, Sri Lanka had a large net trade with Namibia in the exports of Textiles ($250k), Plastics and Rubbers ($97.8k), and Instruments ($53.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Sri Lanka+$3.86kRefined Petroleum
Top Product Potential Sri Lanka Namibia+$44.7kKnit Women's Suits

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

Product Space of Namibia (Flag) and Sri Lanka (Flag) (2023)

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