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2022
Flag → Flag
Exports $14.1MRnk 28 / 173
2022
Flag → Flag
Top Product $13.9MRefined Petroleum
2022
Flag → Flag
Exports $2.31MRnk 24 / 80
2022
Flag → Flag
Top Product $2.29MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $4,911CURRENT US$
Rnk 113 / 186
2012-2022
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GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Namibia-Marshall Islands Trade: In 2022, Namibia exported $14.1M to Marshall Islands. The main products that Namibia exported to Marshall Islands were Refined Petroleum ($13.9M), Centrifuges ($80.2k), and Other Heating Machinery ($66.5k). Over the past 5 years the exports of Namibia to Marshall Islands have increased at an annualized rate of 26.6%, from $4.34M in 2017 to $14.1M in 2022.

In 2022, Namibia did not export any services to Marshall Islands.

Marshall Islands-Namibia Trade: In 2022, Marshall Islands exported $2.31M to Namibia. The main products that Marshall Islands exported to Namibia were Refined Petroleum ($2.29M), Seats ($9.11k), and Transmissions ($4.79k). Over the past 5 years the exports of Marshall Islands to Namibia have increased at an annualized rate of 25.1%,  from $754k in 2017 to $2.31M in 2022.

In 2022, Marshall Islands did not export any services to Namibia.

Comparison In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63),  and 121 in total exports ($6.18B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $14.1M to Marshall Islands. The main products exported from Namibia to Marshall Islands were Refined Petroleum ($13.9M), Centrifuges ($80.2k), and Other Heating Machinery ($66.5k). During the last 5 years the exports of Namibia to Marshall Islands have increased at an annualized rate of 26.6%, from $4.34M in 2017 to $14.1M in 2022.

In 2017, Marshall Islands exported $2.31M to Namibia. The main products exported from Marshall Islands to Namibia were Refined Petroleum ($2.29M), Seats ($9.11k), and Transmissions ($4.79k). During the last 5 years the exports of Marshall Islands to Namibia have increased at an annualized rate of 25.1%, from $754k in 2022 to $2.31M in 2017.

Exports from Namibia (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Marshall Islands (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Namibia than Marshall Islands included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from Marshall Islands than Namibia included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

Difference in imports from Marshall Islands (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Marshall Islands

Flow
Scale

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

During 2022, Namibia had a large net trade with Marshall Islands in the exports of Mineral Products ($13.9M), Machines ($147k), and Foodstuffs ($17.8k).

During 2017, Marshall Islands had a large net trade with Namibia in the exports of Mineral Products ($2.29M), Machines ($11.8k), and Miscellaneous ($9.11k).

Economic Complexity

Competitive Landscape

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

Product Space of Namibia (Flag) and Marshall Islands (Flag) (2022)

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