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Pricing

2022
Flag → Flag
Exports $1.15MRnk 64 / 173
2022
Flag → Flag
Top Product $772kWood Charcoal
2022
Flag → Flag
Exports $26.4MRnk 157 / 219
2022
Flag → Flag
Top Product $6.21MCarbonates
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 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$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Namibia-Turkey Trade: In 2022, Namibia exported $1.15M to Turkey. The main products that Namibia exported to Turkey were Wood Charcoal ($772k), Fuel Wood ($169k), and Medical Instruments ($51k). Over the past 5 years the exports of Namibia to Turkey have increased at an annualized rate of 8.5%, from $767k in 2017 to $1.15M in 2022.

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

Turkey-Namibia Trade: In 2022, Turkey exported $26.4M to Namibia. The main products that Turkey exported to Namibia were Carbonates ($6.21M), Sulphur ($4.36M), and Sulfuric Acid ($3.05M). Over the past 5 years the exports of Turkey to Namibia have decreased at an annualized rate of 16.3%,  from $64.1M in 2017 to $26.4M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Latest Data

Trade between Namibia (Flag) and Turkey (Flag)

Namibia Exports

Turkey Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Turkey
Top DestinationGermany$21.9B

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

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

In 2022, countries that imported more from Turkey than Namibia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Namibia Turkey+$312kWood Charcoal
Top Product Potential Turkey Namibia+$780kIron Structures

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

Product Space of Namibia (Flag) and Turkey (Flag) (NaN)

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