Namibia (NAM) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Namibia-Norway Trade: In 2023, Namibia exported $33.4M to Norway. The main products that Namibia exported to Norway were Bovine Meat ($17.8M), Frozen Bovine Meat ($4.65M), and Sheep and Goat Meat ($3.62M). Over the past 5 years the exports of Namibia to Norway have increased at an annualized rate of 6%, from $24.9M in 2018 to $33.4M in 2023.

In 2023, Namibia did not export any services to Norway.

Norway-Namibia Trade: In 2023, Norway exported $33.1M to Namibia. The main products that Norway exported to Namibia were Excavation Machinery ($10.9M), Other Small Iron Pipes ($1.99M), and Machinery Having Individual Functions ($1.78M). Over the past 5 years the exports of Norway to Namibia have increased at an annualized rate of 11.8%, from $18.9M in 2018 to $33.1M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $33.4M to Norway. The main products exported from Namibia to Norway were Bovine Meat ($17.8M), Frozen Bovine Meat ($4.65M), and Sheep and Goat Meat ($3.62M). During the last 5 years the exports of Namibia to Norway have increased at an annualized rate of 6%, from $24.9M in 2018 to $33.4M in 2023.

In 2018, Norway exported $33.1M to Namibia. The main products exported from Norway to Namibia were Excavation Machinery ($10.9M), Other Small Iron Pipes ($1.99M), and Machinery Having Individual Functions ($1.78M). During the last 5 years the exports of Norway to Namibia have increased at an annualized rate of 11.8%, from $18.9M in 2023 to $33.1M in 2018.

Exports from Namibia () to Norway () (2023)

Exports from Norway () to Namibia () (2023)

Latest Data

Trade between Namibia () and Norway ()

Namibia Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Namibia than Norway included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

In 2023, countries that imported more from Norway than Namibia included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway () and Namibia () (2023)

Comparative Advantage Namibia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Norway in the exports of Animal Products ($26M), Machines ($2.66M), and Vegetable Products ($1.46M).

During 2018, Norway had a large net trade with Namibia in the exports of Machines ($19.6M), Metals ($6.21M), and Chemical Products ($1.49M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Norway+$2.41MRefined Petroleum

Top Product Potential Norway Namibia+$1.23MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Norway () (2023)

Exports from Norway () to Namibia () (2023)

Latest Data

Trade between Namibia () and Norway ()

Namibia Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Namibia () (2023)

Comparative Advantage Namibia - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Norway () (2023)

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