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2023
Flag → Flag
Exports $237MRnk 65 / 182
2023
Flag → Flag
Top Product $206MRefined Petroleum
2023
Flag → Flag
Exports $4.21MRnk 41 / 180
2023
Flag → Flag
Top Product $1.81MFuel Wood
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$4,168CURRENT US$
Rnk 129 / 196
2013-2023
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GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

Saudi Arabia-Namibia Trade: In 2023, Saudi Arabia exported $237M to Namibia. The main products that Saudi Arabia exported to Namibia were Refined Petroleum ($206M), Mixed Mineral or Chemical Fertilizers ($26.3M), and Ethylene Polymers ($3.11M). Over the past 5 years the exports of Saudi Arabia to Namibia have increased at an annualized rate of 94.1%, from $8.59M in 2018 to $237M in 2023.

In 2023, Saudi Arabia did not export any services to Namibia.

Namibia-Saudi Arabia Trade: In 2023, Namibia exported $4.21M to Saudi Arabia. The main products that Namibia exported to Saudi Arabia were Fuel Wood ($1.81M), Wood Charcoal ($896k), and Grapes ($662k). Over the past 5 years the exports of Namibia to Saudi Arabia have decreased at an annualized rate of 6.57%,  from $6.33M in 2018 to $4.21M in 2023.

In 2023, Namibia did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $237M to Namibia. The main products exported from Saudi Arabia to Namibia were Refined Petroleum ($206M), Mixed Mineral or Chemical Fertilizers ($26.3M), and Ethylene Polymers ($3.11M). During the last 5 years the exports of Saudi Arabia to Namibia have increased at an annualized rate of 94.1%, from $8.59M in 2018 to $237M in 2023.

In 2018, Namibia exported $4.21M to Saudi Arabia. The main products exported from Namibia to Saudi Arabia were Fuel Wood ($1.81M), Wood Charcoal ($896k), and Grapes ($662k). During the last 5 years the exports of Namibia to Saudi Arabia have decreased at an annualized rate of 6.57%, from $6.33M in 2023 to $4.21M in 2018.

Exports from Saudi Arabia (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Namibia (Flag)

Saudi Arabia Exports

Namibia Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from Saudi Arabia than Namibia included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Namibia than Saudi Arabia included Botswana ($504M), Democratic Republic of the Congo ($150M), and Zimbabwe ($45.5M).

Difference in imports from Namibia (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Namibia

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Namibia in the exports of Mineral Products ($206M), Chemical Products ($26.6M), and Plastics and Rubbers ($3.34M).

During 2018, Namibia had a large net trade with Saudi Arabia in the exports of Wood Products ($2.78M), Vegetable Products ($706k), and Machines ($481k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Namibia+$2.26MEthylene Polymers
Top Product Potential Namibia Saudi Arabia+$518kWood Charcoal

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

Product Space of Saudi Arabia (Flag) and Namibia (Flag) (2023)

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