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Pricing

2022
Flag → Flag
Exports $3.96MRnk 143 / 208
2022
Flag → Flag
Top Product $502kStranded Iron Wire
2022
Flag → Flag
Exports $56.6MRnk 24 / 173
2022
Flag → Flag
Top Product $13.3MFish Fillets
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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 $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 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

Portugal-Namibia Trade: In 2022, Portugal exported $3.96M to Namibia. The main products that Portugal exported to Namibia were Stranded Iron Wire ($502k), Nonaqueous Paints ($467k), and Wine ($245k). Over the past 5 years the exports of Portugal to Namibia have decreased at an annualized rate of 30.4%, from $24.2M in 2017 to $3.96M in 2022.

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

Namibia-Portugal In N/A, Namibia did not export any products to Portugal.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Latest Trends

July, 2024

About

Overview In July 2024, Portugal exported €1.07M and imported €1.03M from Namibia, resulting in a positive trade balance of €34.5k. Between July 2023 and July 2024 the exports of Portugal have increased by €683k (177%) from €385k to €1.07M, while imports decreased by €-1.15M (-52.7%) from €2.18M to €1.03M.

Trade In July 2024, the top exports of Portugal to Namibia were Iron or steel articles (€53k), Used clothes & textile articles (€12k), Machinery, mechanical appliances, & parts (€11.3k), Books, newspapers, & other prints (€8.48k), and Preparations of cereals, flour, starch or... (€6.16k). In July 2024 the top imports of Portugal from Namibia were Fish, crustaceans, & molluscs (€1.33M), Wood, wood articles, & charcoal (€113k), Edible fruits, nuts & fruit peels (€93.9k), Electrical machinery and electronics (€127), and Books, newspapers, & other prints (€49).

Growth In July 2024, the increase in Portugal's year-by-year exports to Namibia was explained primarily by an increase in product exports in Used clothes & textile articles (€11.6k or 3.32k%), Electrical machinery and electronics (€1.77k or 2.76k%), and Perfumery & cosmetics (€937 or 1.49k%). In July 2024, the decrease in Portugal's year-by-year imports  from Namibia was explained primarily by an decrease in product imports  in Salt, sulphur, cement, lime, stone, &... (€-182 or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€683k(177%)
IMPORT GROWTH (July 2023 - July 2024)€-1.15M(-52.7%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Namibia and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Namibia and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $3.96M to Namibia. The main products exported from Portugal to Namibia were Stranded Iron Wire ($502k), Nonaqueous Paints ($467k), and Wine ($245k). During the last 5 years the exports of Portugal to Namibia have decreased at an annualized rate of 30.4%, from $24.2M in 2017 to $3.96M in 2022.

Namibia does not register exports to Portugal. The main products exported from Namibia to Portugal were Fish Fillets ($13.3M), Non-fillet Frozen Fish ($7.8M), and Crustaceans ($2.13M).

Exports from Portugal (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Portugal than Namibia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Namibia

Flow
Scale

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

During 2022, Portugal had a large net trade with Namibia in the exports of Metals ($902k), Foodstuffs ($859k), and Chemical Products ($507k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Namibia+$371kRefined Petroleum
Top Product Potential Namibia Portugal+$1.62MNon-fillet Frozen Fish

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

Product Space of Portugal (Flag) and Namibia (Flag) (2022)

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