2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 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
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

Namibia-Paraguay Trade: In 2023, Namibia exported $2.31k to Paraguay. The main products that Namibia exported to Paraguay were Wine ($1.86k), Perfume Plants ($309), and Plastic Building Materials ($136). Over the past 13 years the exports of Namibia to Paraguay have increased at an annualized rate of 21.7%, from $181 in 2010 to $2.31k in 2023.

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

Paraguay-Namibia In N/A, Paraguay did not export any products to Namibia.

In 2023, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $2.31k to Paraguay. The main products exported from Namibia to Paraguay were Wine ($1.86k), Perfume Plants ($309), and Plastic Building Materials ($136). During the last 13 years the exports of Namibia to Paraguay have increased at an annualized rate of 21.7%, from $181 in 2010 to $2.31k in 2023.

Paraguay does not register exports to Namibia. The main products exported from Paraguay to Namibia were Other Small Iron Pipes ($256k), Other Engines ($7.97k), and Insulated Wire ($1.55k).

Exports from Namibia (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and Paraguay (Flag)

Paraguay Exports

Date

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Paraguay
Top Destination
Argentina$4B

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

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

In 2023, countries that imported more from Paraguay than Namibia included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

Difference in imports from Paraguay (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Paraguay

Flow
Scale

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

During 2023, Namibia had a large net trade with Paraguay in the exports of Foodstuffs ($1.86k), Vegetable Products ($309), and Plastics and Rubbers ($141).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Paraguay+$3.25kRefined Petroleum
Top Product Potential Paraguay Namibia+$13.7kTelephones

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

Product Space of Namibia (Flag) and Paraguay (Flag) (2023)

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