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2022
Flag → Flag
Exports $188kRnk 93 / 173
2022
Flag → Flag
Top Product $125kCombustion Engines
2022
Flag → Flag
Exports $131kRnk 89 / 149
2022
Flag → Flag
Top Product $131kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 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$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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
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GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Namibia-Trinidad and Tobago Trade: In 2022, Namibia exported $188k to Trinidad and Tobago. The main products that Namibia exported to Trinidad and Tobago were Combustion Engines ($125k), Spark-Ignition Engines ($31.1k), and Valves ($27.5k). Over the past 5 years the exports of Namibia to Trinidad and Tobago have increased at an annualized rate of 51.8%, from $23.3k in 2017 to $188k in 2022.

In 2022, Namibia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Namibia Trade: In 2022, Trinidad and Tobago exported $131k to Namibia. The main products that Trinidad and Tobago exported to Namibia were Hard Liquor ($131k), Leather Footwear ($82), and Non-Knit Men's Suits ($70). Over the past 5 years the exports of Trinidad and Tobago to Namibia have increased at an annualized rate of 56.2%,  from $14.1k in 2017 to $131k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $188k to Trinidad and Tobago. The main products exported from Namibia to Trinidad and Tobago were Combustion Engines ($125k), Spark-Ignition Engines ($31.1k), and Valves ($27.5k). During the last 5 years the exports of Namibia to Trinidad and Tobago have increased at an annualized rate of 51.8%, from $23.3k in 2017 to $188k in 2022.

In 2017, Trinidad and Tobago exported $131k to Namibia. The main products exported from Trinidad and Tobago to Namibia were Hard Liquor ($131k), Leather Footwear ($82), and Non-Knit Men's Suits ($70). During the last 5 years the exports of Trinidad and Tobago to Namibia have increased at an annualized rate of 56.2%, from $14.1k in 2022 to $131k in 2017.

Exports from Namibia (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Namibia (Flag) (2022)

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Namibia than Trinidad and Tobago included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from Trinidad and Tobago than Namibia included United States ($4.91B), Morocco ($740M), and Belgium ($894M).

Difference in imports from Trinidad and Tobago (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Trinidad and Tobago

Flow
Scale

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

During 2022, Namibia had a large net trade with Trinidad and Tobago in the exports of Machines ($186k) and Metals ($2.24k).

During 2017, Trinidad and Tobago had a large net trade with Namibia in the exports of Foodstuffs ($131k), Textiles ($179), and Footwear and Headwear ($126).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Trinidad and Tobago+$24.6kValves
Top Product Potential Trinidad and Tobago Namibia+$43.5kHard Liquor

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

Product Space of Namibia (Flag) and Trinidad and Tobago (Flag) (2022)

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