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Pricing

2022
Flag → Flag
Exports $698kRnk 170 / 210
2022
Flag → Flag
Top Product $167kForging Machines
2022
Flag → Flag
Exports $6.36kRnk 149 / 173
2022
Flag → Flag
Top Product $4.95kOther Footwear
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186

About

New Zealand-Namibia Trade: In 2022, New Zealand exported $698k to Namibia. The main products that New Zealand exported to Namibia were Forging Machines ($167k), Non-fillet Frozen Fish ($141k), and Lifting Machinery ($41.2k). Over the past 5 years the exports of New Zealand to Namibia have decreased at an annualized rate of 25.6%, from $3.07M in 2017 to $698k in 2022.

In 2022, New Zealand did not export any services to Namibia.

Namibia-New Zealand Trade: In 2022, Namibia exported $6.36k to New Zealand. The main products that Namibia exported to New Zealand were Other Footwear ($4.95k), Perfume Plants ($899), and Other Mineral ($147). Over the past 5 years the exports of Namibia to New Zealand have decreased at an annualized rate of 76.1%,  from $8.1M in 2017 to $6.36k in 2022.

In 2022, Namibia did not export any services to New Zealand.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $698k to Namibia. The main products exported from New Zealand to Namibia were Forging Machines ($167k), Non-fillet Frozen Fish ($141k), and Lifting Machinery ($41.2k). During the last 5 years the exports of New Zealand to Namibia have decreased at an annualized rate of 25.6%, from $3.07M in 2017 to $698k in 2022.

In 2017, Namibia exported $6.36k to New Zealand. The main products exported from Namibia to New Zealand were Other Footwear ($4.95k), Perfume Plants ($899), and Other Mineral ($147). During the last 5 years the exports of Namibia to New Zealand have decreased at an annualized rate of 76.1%, from $8.1M in 2022 to $6.36k in 2017.

Exports from New Zealand (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to New Zealand (Flag) (2022)

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from New Zealand than Namibia included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Namibia than New Zealand included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

Difference in imports from Namibia (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Namibia

Flow
Scale

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

During 2022, New Zealand had a large net trade with Namibia in the exports of Machines ($383k), Animal Products ($145k), and Instruments ($75.6k).

During 2017, Namibia had a large net trade with New Zealand in the exports of Footwear and Headwear ($4.95k), Vegetable Products ($920), and Mineral Products ($147).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Namibia+$101kNon-fillet Frozen Fish
Top Product Potential Namibia New Zealand+$4.11kRefined 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 New Zealand and Namibia. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over New Zealand.

Product Space of New Zealand (Flag) and Namibia (Flag) (2022)

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