2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Namibia-South Africa Trade: In 2022, Namibia exported $1.75B to South Africa. The main products that Namibia exported to South Africa were Gold ($860M), Special Purpose Ships ($356M), and Beer ($65.8M). Over the past 5 years the exports of Namibia to South Africa have increased at an annualized rate of 4.74%, from $1.39B in 2017 to $1.75B in 2022.

In 2022, Namibia did not export any services to South Africa.

South Africa-Namibia Trade: In 2022, South Africa exported $3.3B to Namibia. The main products that South Africa exported to Namibia were Delivery Trucks ($171M), Cars ($94M), and Electricity ($93.3M). Over the past 5 years the exports of South Africa to Namibia have decreased at an annualized rate of 1.93%,  from $3.64B in 2017 to $3.3B in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $1.75B to South Africa. The main products exported from Namibia to South Africa were Gold ($860M), Special Purpose Ships ($356M), and Beer ($65.8M). During the last 5 years the exports of Namibia to South Africa have increased at an annualized rate of 4.74%, from $1.39B in 2017 to $1.75B in 2022.

In 2017, South Africa exported $3.3B to Namibia. The main products exported from South Africa to Namibia were Delivery Trucks ($171M), Cars ($94M), and Electricity ($93.3M). During the last 5 years the exports of South Africa to Namibia have decreased at an annualized rate of 1.93%, from $3.64B in 2022 to $3.3B in 2017.

Exports from Namibia (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Namibia (Flag) (2022)

Latest Data

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

Namibia Exports

South Africa Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
South Africa
Top Destination
China$23.4B

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 2022, countries that imported more from Namibia than South Africa included Saint Vincent and the Grenadines ($826k), Cayman Islands ($1.22M), and Wallis and Futuna ($6.53k).

In 2022, countries that imported more from South Africa than Namibia included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Namibia (Flag) (2022)

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 2022, Namibia had a large net trade with South Africa in the exports of Precious Metals ($902M), Transportation ($409M), and Animal Products ($176M).

During 2017, South Africa had a large net trade with Namibia in the exports of Machines ($560M), Foodstuffs ($453M), and Transportation ($405M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with