Namibia (NAM) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Namibia-Thailand Trade: In 2022, Namibia exported $22.7M to Thailand. The main products that Namibia exported to Thailand were Tin Ores ($18.2M), Refined Copper ($2.13M), and Diamonds ($2M). Over the past 5 years the exports of Namibia to Thailand have increased at an annualized rate of 78.6%, from $1.25M in 2017 to $22.7M in 2022.

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

Thailand-Namibia Trade: In 2022, Thailand exported $38.7M to Namibia. The main products that Thailand exported to Namibia were Raw Sugar ($11.7M), Processed Fish ($9.78M), and Large Construction Vehicles ($4.55M). Over the past 5 years the exports of Thailand to Namibia have increased at an annualized rate of 45.3%, from $5.98M in 2017 to $38.7M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $22.7M to Thailand. The main products exported from Namibia to Thailand were Tin Ores ($18.2M), Refined Copper ($2.13M), and Diamonds ($2M). During the last 5 years the exports of Namibia to Thailand have increased at an annualized rate of 78.6%, from $1.25M in 2017 to $22.7M in 2022.

In 2017, Thailand exported $38.7M to Namibia. The main products exported from Thailand to Namibia were Raw Sugar ($11.7M), Processed Fish ($9.78M), and Large Construction Vehicles ($4.55M). During the last 5 years the exports of Thailand to Namibia have increased at an annualized rate of 45.3%, from $5.98M in 2022 to $38.7M in 2017.

Exports from Namibia () to Thailand () (2022)

Exports from Thailand () to Namibia () (2022)

Latest Data

Trade between Namibia () and Thailand ()

Namibia Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Namibia than Thailand included Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

In 2022, countries that imported more from Thailand than Namibia included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

Difference in imports from Thailand () and Namibia () (2022)

Comparative Advantage Namibia - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Thailand in the exports of Mineral Products ($18.3M), Metals ($2.13M), and Precious Metals ($2.04M).

During 2017, Thailand had a large net trade with Namibia in the exports of Foodstuffs ($21.6M), Machines ($8.36M), and Transportation ($4.48M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Thailand+$3.97MDiamonds

Top Product Potential Thailand Namibia+$2.62MDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Thailand () (2022)

Exports from Thailand () to Namibia () (2022)

Latest Data

Trade between Namibia () and Thailand ()

Namibia Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Namibia () (2022)

Comparative Advantage Namibia - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Thailand () (2022)

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