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Pricing

2023
Flag → Flag
Exports $239MRnk 128 / 220
2023
Flag → Flag
Top Product $19.6MIndustrial Fatty Acids, Oils and Alcohols
2023
Flag → Flag
Exports $130MRnk 13 / 180
2023
Flag → Flag
Top Product $109MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
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GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
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GDP PC$4,168CURRENT US$
Rnk 129 / 196
2013-2023
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GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

United States-Namibia Trade: In 2023, United States exported $239M to Namibia. The main products that United States exported to Namibia were Industrial Fatty Acids, Oils and Alcohols ($19.6M), Magnesium Carbonate ($17.4M), and Rubber Tires ($16.9M). Over the past 5 years the exports of United States to Namibia have increased at an annualized rate of 9.71%, from $151M in 2018 to $239M in 2023.

In 2023, United States did not export any services to Namibia.

Namibia-United States Trade: In 2023, Namibia exported $130M to United States. The main products that Namibia exported to United States were Diamonds ($109M), Building Stone ($8.25M), and Fish Fillets ($1.24M). Over the past 5 years the exports of Namibia to United States have increased at an annualized rate of 0.62%,  from $126M in 2018 to $130M in 2023.

In 2023, Namibia did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Company data: In 2023, leading companies such as The Tile Shop (15), Hyosung (1), and ABB Motors and Mechanical (1) were at the forefront of exporting goods from Namibia to the United States. Conversely, Other (16) and Abb Switzerland Ltd (1) were notable for importing products to Namibia from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $22.6M and imported $13.2M from Namibia, resulting in a positive trade balance of $9.39M. Between November 2023 and November 2024 the exports of United States have decreased by $-13.3M (-37.1%) from $35.9M to $22.6M, while imports increased by $2.98M (29.2%) from $10.2M to $13.2M.

Trade In November 2024, the top exports of United States to Namibia were Machinery Having Individual Functions ($2.92M), Commodities not elsewhere specified ($2.26M), Iron Pipes ($1.34M), Liquid Pumps ($1.33M), and Excavation Machinery ($452k). In November 2024 the top imports of United States from Namibia were Diamonds ($5.74M), Video and Card Games ($1.12M), Building Stone ($1M), Commodities not elsewhere specified ($644k), and Fish Fillets ($130k).

Origins In November 2024 the exports of United States were mainly from Texas ($10.6M), Kansas ($5.26M), Alaska ($506k), Michigan ($459k), and Florida ($440k), while imports destinations were mainly New York ($10.4M), Florida ($1.52M), California ($485k), Texas ($313k), and Maryland ($96.4k).

Growth In November 2024, the decrease in United States's year-by-year exports to Namibia was explained primarily by an decrease in product exports in Excavation Machinery ($-4.58M or -91%), Prepr binder for foundry ($-1.24M or -94.7%), and Poultry Meat ($-197k or -82.1%). In November 2024, the increase in United States's year-by-year imports  from Namibia was explained primarily by an increase in product imports  in Diamonds ($1.99M or 53.1%), Commodities not elsewhere specified ($551k or 595%), and Building Stone ($359k or 55.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-13.3M(-37.1%)
IMPORT GROWTH (November 2023 - November 2024)$2.98M(29.2%)
MAIN EXPORTER (November 2024)Texas$10.6M

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

To check Namibia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Namibia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $239M to Namibia. The main products exported from United States to Namibia were Industrial Fatty Acids, Oils and Alcohols ($19.6M), Magnesium Carbonate ($17.4M), and Rubber Tires ($16.9M). During the last 5 years the exports of United States to Namibia have increased at an annualized rate of 9.71%, from $151M in 2018 to $239M in 2023.

In 2018, Namibia exported $130M to United States. The main products exported from Namibia to United States were Diamonds ($109M), Building Stone ($8.25M), and Fish Fillets ($1.24M). During the last 5 years the exports of Namibia to United States have increased at an annualized rate of 0.62%, from $126M in 2023 to $130M in 2018.

Exports from United States (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from United States than Namibia included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Namibia than United States included Botswana ($504M), Zambia ($329M), and Saint Helena ($1.56M).

Difference in imports from Namibia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Namibia

Flow
Scale

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

During 2023, United States had a large net trade with Namibia in the exports of Machines ($78.7M), Chemical Products ($33M), and Transportation ($25.3M).

During 2018, Namibia had a large net trade with United States in the exports of Precious Metals ($110M), Stone And Glass ($8.28M), and Machines ($3.57M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Namibia+$36.7MRefined Petroleum
Top Product Potential Namibia United States+$61.4MDiamonds

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

Product Space of United States (Flag) and Namibia (Flag) (2023)

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