Namibia (NAM) and Peru (PER) Trade | The Observatory of Economic Complexity

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Namibia-Peru Trade: In 2023, Namibia exported $223k to Peru. The main products that Namibia exported to Peru were Industrial Fatty Acids, Oils and Alcohols ($189k), Iron Pipe Fittings ($18.5k), and Other Iron Products ($7.78k). Over the past 5 years the exports of Namibia to Peru have increased at an annualized rate of 33.6%, from $52.5k in 2018 to $223k in 2023.

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

Peru-Namibia Trade: In 2023, Peru exported $217M to Namibia. The main products that Peru exported to Namibia were Copper Ore ($206M), Precious Metal Ore ($10.9M), and Excavation Machinery ($233k). Over the past 5 years the exports of Peru to Namibia have increased at an annualized rate of 2.56%, from $113M in 2018 to $217M in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $223k to Peru. The main products exported from Namibia to Peru were Industrial Fatty Acids, Oils and Alcohols ($189k), Iron Pipe Fittings ($18.5k), and Other Iron Products ($7.78k). During the last 5 years the exports of Namibia to Peru have increased at an annualized rate of 33.6%, from $52.5k in 2018 to $223k in 2023.

In 2018, Peru exported $217M to Namibia. The main products exported from Peru to Namibia were Copper Ore ($206M), Precious Metal Ore ($10.9M), and Excavation Machinery ($233k). During the last 5 years the exports of Peru to Namibia have increased at an annualized rate of 2.56%, from $113M in 2023 to $217M in 2018.

Exports from Namibia () to Peru () (2023)

Exports from Peru () to Namibia () (2023)

Latest Data

Trade between Namibia () and Peru ()

Namibia Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Peru
Top DestinationChina$22.5B

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

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

In 2023, countries that imported more from Peru than Namibia included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage Namibia - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Peru in the exports of Chemical Products ($189k), Metals ($26.6k), and Machines ($7.55k).

During 2018, Peru had a large net trade with Namibia in the exports of Mineral Products ($217M), Machines ($279k), and Transportation ($57.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Peru+$23.1kIndustrial Printers

Top Product Potential Peru Namibia+$121kExcavation Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Peru () (2023)

Exports from Peru () to Namibia () (2023)

Latest Data

Trade between Namibia () and Peru ()

Namibia Exports

Peru Exports

Market Competitiveness

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

Comparative Advantage Namibia - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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