Vietnam (VNM) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Vietnam-Namibia Trade: In 2022, Vietnam exported $2.98M to Namibia. The main products that Vietnam exported to Namibia were Textile Footwear ($564k), Office Machine Parts ($239k), and Non-fillet Frozen Fish ($203k). Over the past 5 years the exports of Vietnam to Namibia have increased at an annualized rate of 17.2%, from $1.34M in 2017 to $2.98M in 2022.

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

Namibia-Vietnam Trade: In 2022, Namibia exported $1.5M to Vietnam. The main products that Namibia exported to Vietnam were Crustaceans ($821k), Rough Wood ($497k), and Sawn Wood ($177k). Over the past 5 years the exports of Namibia to Vietnam have decreased at an annualized rate of 3.54%, from $2M in 2017 to $1.5M in 2022.

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

Comparison: In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $2.98M to Namibia. The main products exported from Vietnam to Namibia were Textile Footwear ($564k), Office Machine Parts ($239k), and Non-fillet Frozen Fish ($203k). During the last 5 years the exports of Vietnam to Namibia have increased at an annualized rate of 17.2%, from $1.34M in 2017 to $2.98M in 2022.

In 2017, Namibia exported $1.5M to Vietnam. The main products exported from Namibia to Vietnam were Crustaceans ($821k), Rough Wood ($497k), and Sawn Wood ($177k). During the last 5 years the exports of Namibia to Vietnam have decreased at an annualized rate of 3.54%, from $2M in 2022 to $1.5M in 2017.

Exports from Vietnam () to Namibia () (2022)

Exports from Namibia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Namibia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Vietnam than Namibia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Difference in imports from Namibia () and Vietnam () (2022)

Comparative Advantage Vietnam - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Namibia in the exports of Footwear and Headwear ($969k), Machines ($764k), and Textiles ($244k).

During 2017, Namibia had a large net trade with Vietnam in the exports of Animal Products ($821k), Wood Products ($674k), and Mineral Products ($397).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Namibia+$861kTelephones

Top Product Potential Namibia Vietnam+$654kCrustaceans

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

Year

This visualization shows the product space at the HS4 level with the flags of Vietnam and Namibia. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Vietnam.

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Namibia () (2022)

Exports from Namibia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Namibia ()

Namibia Exports

Market Competitiveness

Difference in imports from Namibia () and Vietnam () (2022)

Comparative Advantage Vietnam - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Namibia () (2022)

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