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2022
Flag → Flag
Exports $25.3MRnk 24 / 173
2022
Flag → Flag
Exports $3.96MRnk 143 / 208
2022
Flag → Flag
Top Product $502kStranded Iron Wire
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Namibia-Portugal Trade: In 2022, Namibia exported $25.3M to Portugal. The main products that Namibia exported to Portugal were N/A. Over the past 5 years the exports of Namibia to Portugal have decreased at an annualized rate of 4.75%, from $32.2M in 2017 to $25.3M in 2022.

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

Portugal-Namibia Trade: In 2022, Portugal exported $3.96M to Namibia. The main products that Portugal exported to Namibia were Stranded Iron Wire ($502k), Nonaqueous Paints ($467k), and Wine ($245k). Over the past 5 years the exports of Portugal to Namibia have decreased at an annualized rate of 30.4%,  from $24.2M in 2017 to $3.96M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $25.3M to Portugal. There were not main exports from Namibia to Portugal in 2022. During the last 5 years the exports of Namibia to Portugal have decreased at an annualized rate of 4.75%, from $32.2M in 2017 to $25.3M in 2022.

In 2017, Portugal exported $3.96M to Namibia. The main products exported from Portugal to Namibia were Stranded Iron Wire ($502k), Nonaqueous Paints ($467k), and Wine ($245k). During the last 5 years the exports of Portugal to Namibia have decreased at an annualized rate of 30.4%, from $24.2M in 2022 to $3.96M in 2017.

Exports from Namibia (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Portugal (Flag)

Namibia Exports

Portugal Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Namibia than Portugal included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

In 2022, countries that imported more from Portugal than Namibia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Portugal

Flow
Scale

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

During 2022, Namibia had a large net trade with Portugal in the exports of Animal Products ($23.3M), Wood Products ($1.2M), and Foodstuffs ($387k).

During 2017, Portugal had a large net trade with Namibia in the exports of Metals ($902k), Foodstuffs ($859k), and Chemical Products ($507k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Portugal+$1.62MNon-fillet Frozen Fish
Top Product Potential Portugal Namibia+$371kRefined 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

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

Product Space of Namibia (Flag) and Portugal (Flag) (2022)

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