2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 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
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Namibia-South Africa Trade: In 2023, Namibia exported $1.71B to South Africa. The main products that Namibia exported to South Africa were Gold ($1.26B), Bovine ($53.5M), and Sheep and Goats ($45.2M). Over the past 5 years the exports of Namibia to South Africa have increased at an annualized rate of 6.33%, from $1.26B in 2018 to $1.71B in 2023.

In 2023, Namibia did not export any services to South Africa.

South Africa-Namibia Trade: In 2023, South Africa exported $2.68B to Namibia. The main products that South Africa exported to Namibia were Delivery Trucks ($82.1M), Packaged Medicaments ($76.1M), and Raw Sugar ($65.2M). Over the past 5 years the exports of South Africa to Namibia have decreased at an annualized rate of 5.82%,  from $3.62B in 2018 to $2.68B in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $1.71B to South Africa. The main products exported from Namibia to South Africa were Gold ($1.26B), Bovine ($53.5M), and Sheep and Goats ($45.2M). During the last 5 years the exports of Namibia to South Africa have increased at an annualized rate of 6.33%, from $1.26B in 2018 to $1.71B in 2023.

In 2018, South Africa exported $2.68B to Namibia. The main products exported from South Africa to Namibia were Delivery Trucks ($82.1M), Packaged Medicaments ($76.1M), and Raw Sugar ($65.2M). During the last 5 years the exports of South Africa to Namibia have decreased at an annualized rate of 5.82%, from $3.62B in 2023 to $2.68B in 2018.

Exports from Namibia (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and South Africa (Flag)

Namibia Exports

South Africa Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from Namibia than South Africa included Vanuatu ($1.73M), Saint Vincent and the Grenadines ($1.31M), and Cayman Islands ($1.43M).

In 2023, countries that imported more from South Africa than Namibia included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - South Africa

Flow
Scale

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

During 2023, Namibia had a large net trade with South Africa in the exports of Precious Metals ($1.29B), Animal Products ($169M), and Foodstuffs ($70.2M).

During 2018, South Africa had a large net trade with Namibia in the exports of Foodstuffs ($444M), Machines ($385M), and Chemical Products ($371M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia South Africa+$14.5MDiamonds
Top Product Potential South Africa Namibia+$8.12MRefined 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 South Africa. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Namibia.

Product Space of Namibia (Flag) and South Africa (Flag) (2023)

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