2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Namibia Trade: In 2022, Turkey exported $26.4M to Namibia. The main products that Turkey exported to Namibia were Carbonates ($6.21M), Sulphur ($4.36M), and Sulfuric Acid ($3.05M). Over the past 5 years the exports of Turkey to Namibia have decreased at an annualized rate of 16.3%, from $64.1M in 2017 to $26.4M in 2022.

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

Namibia-Turkey Trade: In 2022, Namibia exported $1.15M to Turkey. The main products that Namibia exported to Turkey were Wood Charcoal ($772k), Fuel Wood ($169k), and Medical Instruments ($51k). Over the past 5 years the exports of Namibia to Turkey have increased at an annualized rate of 8.5%,  from $767k in 2017 to $1.15M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $26.4M to Namibia. The main products exported from Turkey to Namibia were Carbonates ($6.21M), Sulphur ($4.36M), and Sulfuric Acid ($3.05M). During the last 5 years the exports of Turkey to Namibia have decreased at an annualized rate of 16.3%, from $64.1M in 2017 to $26.4M in 2022.

In 2017, Namibia exported $1.15M to Turkey. The main products exported from Namibia to Turkey were Wood Charcoal ($772k), Fuel Wood ($169k), and Medical Instruments ($51k). During the last 5 years the exports of Namibia to Turkey have increased at an annualized rate of 8.5%, from $767k in 2022 to $1.15M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Namibia (Flag)

Turkey Exports

Namibia Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Turkey than Namibia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Namibia than Turkey included Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

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

Comparative Advantage Turkey - Namibia

Flow
Scale

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

During 2022, Turkey had a large net trade with Namibia in the exports of Chemical Products ($9.92M), Mineral Products ($4.48M), and Metals ($4.18M).

During 2017, Namibia had a large net trade with Turkey in the exports of Wood Products ($941k), Machines ($74.7k), and Instruments ($51.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Namibia+$780kIron Structures
Top Product Potential Namibia Turkey+$312kWood 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 Turkey and Namibia. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Turkey.

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

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